What are the ways to negotiate Lower Rent for Apartments/Homes ?

If you’ve found the apartment you want (or it’s time to renew), or looking for an apartment for rent in Abu Dhabi/Dubai and you wish the price were lower, be strategic and take action. You never get anything unless you ask, so here are tips for negotiating lower rent.

i. Knowing the rental market
What are the rates at apartments near yours? Make sure you have a clear understanding of the amenities that are available and how they compare to the unit you’re considering. Rental rates are not a secret, but they can change from day to day. Get a competing rate in writing if you can, and if it’s lower than the one being offered, have it with you when you go to negotiate.  A lower rate in a similar apartment is a great tool for negotiating a lower price on your own apartment.

ii.Sell yourself as a good tenant
If you’ve never rented in that particular complex, than a few letters of recommendation will go a long way toward convincing a manager you’d be a tenant worth having, even at a lower rate. Get a letter from previous landlords or apartment managers, which say you pay your rent on time and don’t cause problems. If you’re trying to renew your lease at a better rate, remind the manager that you’ve always paid your rent on time, and anything else that’s positive. 

iii.Make an offer
You could offer a lesser monthly amount in trade for giving up a parking space, or helping with new member socials. You could offer to sign a slightly longer lease, making yours expire in spring, which is prime rental season. Don’t be afraid to ask what your manager needs. If he or she has flexibility on pricing ,then you might be able to help each other.

At Flash Group UAE, we connect people with a place to call home.Our goal is to make it easier for renters to find and live in a place they love. Until we touch every renter, in every rental property across the world, our job is not complete.