Introduction to “To Let” in Dhaka
Renting a place in Dhaka? You’ve probably come across the term “To Let” painted on walls, posted on electric poles, or shared in Facebook groups. It's the city's favorite way to say, "This property is up for rent!" Whether you’re new to the city or a long-time resident looking for a change, understanding the ins and outs of renting in Dhaka can save you both time and money.
What Does “To Let” Mean?
“To Let” is simply a British term for "for rent." In Dhaka, it's widely used in both formal advertisements and informal signboards, usually painted or printed in big bold letters outside properties.
The Growing Demand for Rentals in Dhaka
Dhaka is booming. With its growing population, rapid urbanization, and expanding job market, the demand for rental homes and commercial spaces has shot through the roof. More people are choosing to rent rather than buy due to affordability, flexibility, and convenience.
Understanding Dhaka’s Rental Market
Overview of Rental Trends
The rental market in Dhaka is dynamic. Prices fluctuate based on location, amenities, and even the floor number! Typically, higher floors in newer buildings tend to cost more, especially if there's an elevator.
Popular Areas for Renting
Gulshan & Banani
If you’re looking for upscale living, Gulshan and Banani are top choices. These areas are home to embassies, international schools, and top-tier restaurants.
Dhanmondi
A blend of residential calm and commercial buzz, Dhanmondi is popular with families and professionals alike.
Uttara
Uttara offers a suburban vibe with all urban amenities. It’s well-planned and ideal for families.
Mirpur
More affordable than others, Mirpur is packed with schools, hospitals, and markets – perfect for middle-income families.
Types of Properties Available
You’ll find:
Studio Apartments
1-4 Bedroom Flats
Duplexes
Independent Houses
Shared Bachelor Pads
Commercial Spaces
How to Find a To-Let in Dhaka
Traditional Methods
Word-of-mouth, local agents, and neighborhood signs still work wonders.
Online Portals & Mobile Apps
Websites like Bikroy, Bproperty, and Lamudi are goldmines. Also, apps like BashaLagbe offer tailored search filters.
Using Real Estate Agents
Agents know the ins and outs, but be prepared to pay a fee – usually 50% of one month’s rent.
Factors to Consider Before Renting
Budget & Monthly Rent
Always include utility bills, service charges, and maintenance fees in your budget.
Location & Accessibility
Make sure it's close to your workplace or school and well-connected by bus or ride-sharing services.
Security & Safety
Check for 24/7 guards, CCTV, and proper boundary walls.
Utility & Maintenance Costs
Some buildings include service charges for elevators, water pumps, and generators.