Articles
The current practice is that any maintenance issues that cost less than Dh500 will be managed by the tenant and those costing more will be the landlord’s responsibility
The main driver for the current growth is population expansion with no downturn expected until 2026 or 2027
The renewal amount will be determined upon expiry of the old tenancy agreement
The DLD introduced it to rebalance the scales for an equilibrium between tenants and landlords
Purchasing helps benefit from capital appreciation while renting offers flexibility
It was introduced in January mainly to improve the accuracy of rates during tenancy contract renewals
Many judges at Dubai’s Rental Dispute Centre now accept eviction notice served by previous property owner
The new Dubai index has improved the way rents are calculated and is more accurate
Process can be risky if the investor can’t hold onto the unit for long
Maintenance should be done before a new tenant moves in, unless it is an emergency
The market has been increasing in volume and sales transactions for the past few years, and there are many factors behind this
The existing regulation will still be used to calculate any percentage increases to the rental amounts when the market is going up
Subject of returning rental deposit is an emotive one and often leads to disputes
There are more people coming to make Dubai their home than the number of properties being handed over
To evict a tenant for non-payment of rent, you must send a notarised letter to them requesting immediate payment