Dubai Rental Law
trying to sort out a villa for a new member of staff, putting aside the ridiculous amount of money involved the landlord is being a knacker before we've even started
refusing to put the villa in the companies name, or if he does the contract is invalid if the named person vacates insisting on a minimum 2 year rent as per "a new law" I think he's talking bollocks and I'm about to tell him to bugger off, I am correct aren't I ? |
Re: Dubai Rental Law
tell him to get lost. it can be in company or private name. there is no new law about 2 years minimum contract that i have heard off, he is trying it on as the rents will be coming down, so they are trying to maximise income now for a period of time and if you break the lease ie private names and you loose your job etc then he doesnt have to give back the money etc. stay away from him, go elsewhere
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Re: Dubai Rental Law
Originally Posted by Sandboy
(Post 7122021)
trying to sort out a villa for a new member of staff, putting aside the ridiculous amount of money involved the landlord is being a knacker before we've even started
refusing to put the villa in the companies name, or if he does the contract is invalid if the named person vacates insisting on a minimum 2 year rent as per "a new law" I think he's talking bollocks and I'm about to tell him to bugger off, I am correct aren't I ? yes tell him to get stuffed :thumbup: |
Re: Dubai Rental Law
The only "2 year law" I know about is the one that says the landlord can't put the rent up for the second year. Doesn't mean you can't have a one year contract which is renewable. The landlord is trying it on, which doesn't bode well for the future.
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Re: Dubai Rental Law
talking about rents, anybody heard reg new rent cup for 2009? any news? thanks
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Re: Dubai Rental Law
Originally Posted by DxbKB
(Post 7122071)
talking about rents, anybody heard reg new rent cup for 2009? any news? thanks
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Re: Dubai Rental Law
cheers folks, confirmed all my suspicions
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Re: Dubai Rental Law
Originally Posted by Blue Cat
(Post 7122078)
5%
PS I really hope all works out for you guys in the next few months... |
Re: Dubai Rental Law
Blue Cat has friends in high places.;)
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Re: Dubai Rental Law
Originally Posted by Autonomy
(Post 7122106)
you sure? not heard this offical yet?
PS I really hope all works out for you guys in the next few months... |
Re: Dubai Rental Law
Originally Posted by Border Reiver
(Post 7122158)
Blue Cat has friends in high places.;)
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Re: Dubai Rental Law
Originally Posted by Blue Cat
(Post 7122202)
it was on EW, and then we got a 5% increase as we have just renewed ;)
Thanks :-) |
Re: Dubai Rental Law
not in dubai in ad yes but not doobye
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Re: Dubai Rental Law
Originally Posted by IndieG
(Post 7122547)
Hi - do you know if there's been an increase in 2008 then can the landlord increase it again in 2009?
Thanks :-) yes they can increase it, you get it fixed for the first two years, then in the third year they can increase it the 5% |
Re: Dubai Rental Law
Originally Posted by Blue Cat
(Post 7124461)
yes they can increase it, you get it fixed for the first two years, then in the third year they can increase it the 5%
Most are presuming there will be no change to the law considering the economy. |
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