TO LET IN DHAKA: A COMPLETE GUIDE FOR RENTERS AND LANDLORDS

To Let in Dhaka: A Complete Guide for Renters and Landlords

To Let in Dhaka: A Complete Guide for Renters and Landlords

Blog Article

Introduction:

Finding a house or flat “to let” in Dhaka can be a challenging yet rewarding experience. Whether you’re a tenant searching for your next home or a landlord looking to rent out your property, understanding the ins and outs of the Dhaka rental market is essential. This guide will help you navigate the process efficiently, offering practical tips and insights.

To Let in Dhaka: Everything You Need to Know

Finding the Right Rental Property in Dhaka

Popular Residential Areas in Dhaka

Dhaka offers a variety of residential areas suitable for different lifestyles and budgets. Some of the most popular zones include:

  • Uttara – Known for its organized sectors and growing community.

  • Dhanmondi – A well-established area with good schools, hospitals, and restaurants.

  • Bashundhara R/A – A planned and secure residential area ideal for families.

  • Mirpur – Affordable housing options and excellent connectivity.

  • Gulshan & Banani – Upscale neighborhoods with luxurious apartments.

Types of Properties Available

You’ll find various types of properties to let in Dhaka:

  • Apartments (1–5 bedrooms)

  • Single-unit houses

  • Shared accommodations for students or bachelors

  • Commercial spaces for offices or shops

Understanding Rental Prices in Dhaka

Average Rent Based on Location

Rental costs in Dhaka vary based on location, size, and amenities:

  • Uttara: ৳10,000 – ৳45,000/month

  • Mirpur: ৳8,000 – ৳35,000/month

  • Dhanmondi: ৳20,000 – ৳70,000/month

  • Gulshan/Banani: ৳40,000 – ৳150,000+/month

  • Bashundhara: ৳25,000 – ৳60,000/month

Extra Costs to Consider

  • Security deposit (typically 2–3 months’ rent)

  • Service charges (electricity, water, gas, waste management)

  • Broker fees (usually half to one month’s rent)

Tips for Renters in Dhaka

What Tenants Should Check Before Renting

  1. Legal Agreement – Always sign a rental agreement to avoid disputes.

  2. Utility Availability – Confirm water, gas, and electricity are stable.

  3. Safety and Security – Choose buildings with proper security systems.

  4. Neighbourhood Review – Spend time in the area before finalizing.

  5. Visit the Flat in Person – Avoid scams by inspecting the flat yourself.

Guidelines for Landlords Listing a Property

How to Effectively Advertise Your Property

  1. Use Online Platforms – List your property on sites like Bikroy, Basha-Vara, or Facebook groups.

  2. High-Quality Photos – Include well-lit photos of all rooms.

  3. Be Transparent – Clearly mention rent, location, floor, and amenities.

  4. Respond Quickly – Answer tenant queries promptly to secure deals.

Legal and Documentation Essentials

Important Documents for Both Parties

  • NID Copies (Landlord & Tenant)

  • Written Rental Agreement

  • List of Provided Furnishings (if applicable)

  • Police Verification Form (optional but recommended)

Common Challenges in the Dhaka Rental Market

Tenant Concerns

  • High advance deposits

  • Frequent power outages

  • Lack of maintenance

Landlord Concerns

  • Late rent payments

  • Property damage

  • Unauthorized subletting

FAQs About To Let in Dhaka

Q1: What is the best time to look for a rental flat in Dhaka?
A: The best time is usually between January and March, when many leases end and new ones begin.

Q2: Is it better to use a broker or search online?
A: Both methods work. Brokers can speed up the process but charge a fee. Online platforms offer more flexibility.

Q3: Can foreigners rent property in Dhaka?
A: Yes, but they should ensure proper documentation and may need to register with local authorities.

Q4: How long are typical rental agreements in Dhaka?
A: Usually 11 or 12 months, with options to renew.

Q5: Is it safe to rent a flat in Dhaka online?
A: Be cautious. Always verify the owner and visit the property before making payments.

Conclusion

Whether you’re a landlord trying to rent out a property or a tenant searching for a new place in Dhaka, understanding the market, prices, and rental process is crucial. With the right approach and verified resources, you can find a suitable “to let” deal in Dhaka that meets your needs and budget. Stay informed, stay safe, and happy house hunting!

Report this page