Ajman Downtown

Al Rashidiya Towers

hagar aly

Study

Balcony

Security

Al Bayt Al Khaleeji Real Estate AJM

Let&#39;s provide a detailed explanation of the terms and requirements for renting studios in Al Rashidiya:

1. Location and Type:
   - The studios are located in Al Rashidiya 2 within a family building. This means the environment is residential, quiet, and suitable for families.

2. **Annual Rent:**
   - The annual rent is AED 17,000. This amount is paid in advance and covers one year of accommodation.

3. **Family Insurance:**
   - A cash security deposit of AED 1,000 is required. This deposit is typically refundable at the end of the lease term, provided there are no significant damages to the unit.

4. **Cheque Security Deposit:**
   - A security deposit of AED 2,500 by cheque is also required. This deposit serves as a guarantee against non-payment of rent or to cover any additional costs in case the tenant fails to meet financial obligations.

5. **Additional Requirements:**
   - **Bank Statement:**
     - A recent bank statement showing available funds and financial capacity to pay the annual rent is necessary.
   - **Salary Certificate:**
     - A salary certificate confirming the monthly income and financial stability of the tenant must be provided.

6. **Payment Terms:**
   - The rent can be paid in 6 installments, meaning the annual rent is divided into 6 equal payments over the course of the year. This helps in easing the financial burden on the tenant.

**Additional Notes:**
- It is advisable to submit the required documents well in advance of signing the contract to expedite the approval process.
- The salary certificate and bank statement should be recent and issued by reliable institutions.
- It is crucial that the cheques provided as security deposits are valid and error-free.

In summary, these are the essential terms and requirements for renting studios in Al Rashidiya 2, aimed at ensuring stability and smoothness in the rental process for all parties involved.

Ajman

Al Rashidiya

Studios in AlRashidiya 2for annual rent at 17,000

Studios in AlRashidiya 2for annual rent at 17,000

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Regulatory information

Regulatory information