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Accommodation

Accommodation

Find out about the things you will need to consider before renting

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Protect your most treasured possessions with home insurance

Protect your most treasured possessions with home insurance

Should you rent or buy your UAE home?

Should you rent or buy your UAE home?

Rents in the UAE have steadily increased in recent years - so accommodation is likely to be one of your biggest expenses. Although many companies allocate housing for expat employees, formal housing allowances aren't as common as they were a few years ago.

The UAE offers a high standard of living and you'll have a variety of options to choose from.

Furnished/unfurnished

Both furnished and unfurnished housing are available. Many unfurnished apartments don't have basic appliances - so if you choose this option, be prepared for start-up costs. The transient nature of the UAE means there's a thriving second-hand market as expats get rid of their furniture and appliances before moving back home. These are advertised by word of mouth or on various classified websites.

Residency visa

You'll need a residence visa to rent an accommodation in the UAE. When you sign the lease, you'll have to present a copy of your visa and passport and proof of income.

Renting property

Leases are usually for a year. It's common to pay a full 12 months' rent upfront, although some landlords accept post-dated cheques. You'll also have to pay a security deposit to the landlord.

Getting a Home Loan as an expat

If you are looking to buy a home in the UAE, we can help. Our mortgage advisers have the experience and expertise to help guide you through the process.

We can also assist you with a 12-month personal loan to help pay for your upfront annual rent.

For more information on our Home Loans click here

For more information on our Personal Loans click here



Need help to pay your rent?

We could help with an HSBC Personal Loan


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Discover our tools, resources and expat opinions to find out more about expat life in the UAE.

Egyptian Expat

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Stay connected to what matters most with an HSBC account in Egypt and the UAE.



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