Security deposit and refunds

How much is the deposit?

• Unfurnished homes: 5% of the annual rent
• Furnished homes: 10% of the annual rent

For example, the deposit for an unfurnished apartment at AED 145,000 a year is AED 7,250.

When is it refunded?

Your deposit is refunded within 30 days after the move-out inspection, provided that:

• all rent is paid and no cheques are outstanding
• the DEWA (and district cooling, where applicable) final clearance has been provided
• keys, access cards and parking tags have been returned

Possible deductions

• Damage beyond normal wear and tear (for example holes in walls, broken fixtures, or stains that need replacement)
• Repainting, if the walls were painted a non-standard colour
• Professional cleaning, if the unit isn't returned in a clean condition
• Unpaid bills or fees

Deductions are itemised with photos in your move-out report. The refund is paid by bank transfer to the account you give us.