Dubai Rental Law

Old Jan 3rd 2009, 12:14 pm
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Default 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 ?
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Old Jan 3rd 2009, 12:28 pm
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Default 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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Old Jan 3rd 2009, 12:30 pm
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Default Re: Dubai Rental Law

Originally Posted by Sandboy View Post
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
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Old Jan 3rd 2009, 12:45 pm
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Default 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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Old Jan 3rd 2009, 12:50 pm
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Default Re: Dubai Rental Law

talking about rents, anybody heard reg new rent cup for 2009? any news? thanks
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Old Jan 3rd 2009, 12:54 pm
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Default Re: Dubai Rental Law

Originally Posted by DxbKB View Post
talking about rents, anybody heard reg new rent cup for 2009? any news? thanks
5%
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Old Jan 3rd 2009, 1:00 pm
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Default Re: Dubai Rental Law

cheers folks, confirmed all my suspicions
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Old Jan 3rd 2009, 1:07 pm
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Default Re: Dubai Rental Law

Originally Posted by Blue Cat View Post
5%
you sure? not heard this offical yet?

PS I really hope all works out for you guys in the next few months...
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Old Jan 3rd 2009, 1:34 pm
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Default Re: Dubai Rental Law

Blue Cat has friends in high places.
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Old Jan 3rd 2009, 1:54 pm
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Default Re: Dubai Rental Law

Originally Posted by Autonomy View Post
you sure? not heard this offical yet?

PS I really hope all works out for you guys in the next few months...
it was on EW, and then we got a 5% increase as we have just renewed
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Old Jan 3rd 2009, 1:54 pm
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Default Re: Dubai Rental Law

Originally Posted by Border Reiver View Post
Blue Cat has friends in high places.
let's hope so, they might find the DH a job
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Old Jan 3rd 2009, 4:47 pm
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Default Re: Dubai Rental Law

Originally Posted by Blue Cat View Post
it was on EW, and then we got a 5% increase as we have just renewed
Hi - do you know if there's been an increase in 2008 then can the landlord increase it again in 2009?

Thanks :-)
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Old Jan 3rd 2009, 5:04 pm
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Default Re: Dubai Rental Law

not in dubai in ad yes but not doobye
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Old Jan 4th 2009, 7:50 am
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Default Re: Dubai Rental Law

Originally Posted by IndieG View Post
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%
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Old Jan 4th 2009, 7:58 am
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Default Re: Dubai Rental Law

Originally Posted by Blue Cat View Post
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%
that was the law in 2008, but the 2009 law has not been issued yet.
Most are presuming there will be no change to the law considering the economy.
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