families evicted from upscale villas in dubai
Jul 22nd 2008, 3:04 pm
#1
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Joined: Nov 2007
Posts: 138
families evicted from upscale villas in dubai
http://www.thenational.ae/article/20...8996/1010/NEWS
I'm just curious- is it that villas can only be occupied by single families even if the landlord approves multiple families? also as a landlord can't you rent out each room in a villa to a single person for example? This article makes me believe you can't do that. Any thoughts?
I'm just curious- is it that villas can only be occupied by single families even if the landlord approves multiple families? also as a landlord can't you rent out each room in a villa to a single person for example? This article makes me believe you can't do that. Any thoughts?
Jul 22nd 2008, 3:23 pm
#2
Lost in BE Cyberspace
Joined: Sep 2006
Posts: 18,187
Re: families evicted from upscale villas in dubai
http://www.thenational.ae/article/20...8996/1010/NEWS
I'm just curious- is it that villas can only be occupied by single families even if the landlord approves multiple families? also as a landlord can't you rent out each room in a villa to a single person for example? This article makes me believe you can't do that. Any thoughts?
I'm just curious- is it that villas can only be occupied by single families even if the landlord approves multiple families? also as a landlord can't you rent out each room in a villa to a single person for example? This article makes me believe you can't do that. Any thoughts?
MM, xx
Jul 22nd 2008, 3:26 pm
#3
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Joined: Nov 2007
Posts: 138
Re: families evicted from upscale villas in dubai
I agree with you. The big problem now, especially in Abu Dhabi, is that you don't have options when it comes to rental prices as you would in most other cities in the world. Its just all very expensive and clearly not everyone makes truck loads of money!
Jul 22nd 2008, 3:48 pm
#4
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Joined: Dec 2004
Location: Dubai
Posts: 6,370
Re: families evicted from upscale villas in dubai
It's the most stupid system on the planet...
Rents go up - the majority of the population cannot afford so they drift towards sharing with friends and family or letting out the spare room to help.
Then the government says no no no not allowed, forbidden, haram or whatever and evict people (and in some cases put them in jail or deport them for just trying to live within their means).
So basically the UAE will become a country where everyone needs to earn AED45,000 a month and have a housing allowance of AED200,000 plus have all their school fees and travel expenses taken care of. There will be no middle class at all and lower classes will be restricted to male only reservations in the middle of nowhere.
If this continues their economy will collapse within 10 years when expats coin on en masse they cannot live here unless they find a massive salary and aren't single men. And companies won't sit back and keep paying out more and more housing allowance without passing that on to their customers so basic goods and services become more expensive until only CEOs and senior oil people can afford to live here and everyone else commutes from Oman
It's already cheaper for some businesses to be based in the UK even with tax now because of the cost of housing and commute times. What does the government here think it is doing? It's dusty and hot here...add expensive to the mix (which also includes lack of freedom and deadly driving) and suddenly travel agents in Europe will be telling people the only place worth visiting in the middle east is Israel...oh wait, they are already telling people that!
N.
Rents go up - the majority of the population cannot afford so they drift towards sharing with friends and family or letting out the spare room to help.
Then the government says no no no not allowed, forbidden, haram or whatever and evict people (and in some cases put them in jail or deport them for just trying to live within their means).
So basically the UAE will become a country where everyone needs to earn AED45,000 a month and have a housing allowance of AED200,000 plus have all their school fees and travel expenses taken care of. There will be no middle class at all and lower classes will be restricted to male only reservations in the middle of nowhere.
If this continues their economy will collapse within 10 years when expats coin on en masse they cannot live here unless they find a massive salary and aren't single men. And companies won't sit back and keep paying out more and more housing allowance without passing that on to their customers so basic goods and services become more expensive until only CEOs and senior oil people can afford to live here and everyone else commutes from Oman
It's already cheaper for some businesses to be based in the UK even with tax now because of the cost of housing and commute times. What does the government here think it is doing? It's dusty and hot here...add expensive to the mix (which also includes lack of freedom and deadly driving) and suddenly travel agents in Europe will be telling people the only place worth visiting in the middle east is Israel...oh wait, they are already telling people that!
N.
Jul 22nd 2008, 4:45 pm
#5
Lost in BE Cyberspace
Joined: May 2008
Posts: 5,125
Re: families evicted from upscale villas in dubai
yep not allowed to divide villas, rent out rooms, share with opposite sex, only one house to one family, unless you are not expat of course.
Jul 22nd 2008, 7:24 pm
#7
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Joined: Oct 2007
Location: Khaladiya Abu Dhabi
Posts: 4,181
Re: families evicted from upscale villas in dubai
It's the most stupid system on the planet...
Rents go up - the majority of the population cannot afford so they drift towards sharing with friends and family or letting out the spare room to help.
Then the government says no no no not allowed, forbidden, haram or whatever and evict people (and in some cases put them in jail or deport them for just trying to live within their means).
So basically the UAE will become a country where everyone needs to earn AED45,000 a month and have a housing allowance of AED200,000 plus have all their school fees and travel expenses taken care of. There will be no middle class at all and lower classes will be restricted to male only reservations in the middle of nowhere.
If this continues their economy will collapse within 10 years when expats coin on en masse they cannot live here unless they find a massive salary and aren't single men. And companies won't sit back and keep paying out more and more housing allowance without passing that on to their customers so basic goods and services become more expensive until only CEOs and senior oil people can afford to live here and everyone else commutes from Oman
It's already cheaper for some businesses to be based in the UK even with tax now because of the cost of housing and commute times. What does the government here think it is doing? It's dusty and hot here...add expensive to the mix (which also includes lack of freedom and deadly driving) and suddenly travel agents in Europe will be telling people the only place worth visiting in the middle east is Israel...oh wait, they are already telling people that!
N.
Rents go up - the majority of the population cannot afford so they drift towards sharing with friends and family or letting out the spare room to help.
Then the government says no no no not allowed, forbidden, haram or whatever and evict people (and in some cases put them in jail or deport them for just trying to live within their means).
So basically the UAE will become a country where everyone needs to earn AED45,000 a month and have a housing allowance of AED200,000 plus have all their school fees and travel expenses taken care of. There will be no middle class at all and lower classes will be restricted to male only reservations in the middle of nowhere.
If this continues their economy will collapse within 10 years when expats coin on en masse they cannot live here unless they find a massive salary and aren't single men. And companies won't sit back and keep paying out more and more housing allowance without passing that on to their customers so basic goods and services become more expensive until only CEOs and senior oil people can afford to live here and everyone else commutes from Oman
It's already cheaper for some businesses to be based in the UK even with tax now because of the cost of housing and commute times. What does the government here think it is doing? It's dusty and hot here...add expensive to the mix (which also includes lack of freedom and deadly driving) and suddenly travel agents in Europe will be telling people the only place worth visiting in the middle east is Israel...oh wait, they are already telling people that!
N.
Jul 22nd 2008, 10:55 pm
#8
Lost in BE Cyberspace
Joined: Aug 2007
Posts: 7,646
Re: families evicted from upscale villas in dubai
Tell me please in your experience,do you suppose there are expats living in
Company provided accommdation-wherein they are employees of a UK Company; a company which has a Gulf trade registration(via 51%) and their villa or apartment is 'nominally' property of or provided by 'the GCC Company' Said property even just might feature somewhere in UK as capital assets of a plc???
Do you suppose?
Jul 23rd 2008, 2:16 am
#9
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Thread Starter
Joined: Nov 2007
Posts: 138
Re: families evicted from upscale villas in dubai
Apparently, Abu Dhabi is planning a response to the high rents but it seems like this will have no instant impact since the plan will only apply to future developments:
http://www.thenational.ae/article/20...932894360/1005
And, who knows whether this will actually work. Will landlords in these developments be forced to rent via a quota? Dunno how that will work.
When the 5% cap rule was introduced about a year ago it was supposed to prevent inflation in the rental market. As we all know this hasn't worked because how is a new tenant going to prove what the old rent of a unit was?
http://www.thenational.ae/article/20...932894360/1005
And, who knows whether this will actually work. Will landlords in these developments be forced to rent via a quota? Dunno how that will work.
When the 5% cap rule was introduced about a year ago it was supposed to prevent inflation in the rental market. As we all know this hasn't worked because how is a new tenant going to prove what the old rent of a unit was?
Jul 23rd 2008, 5:11 am
#11
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Location: Back in the sand
Posts: 1,279
Re: families evicted from upscale villas in dubai
It's the most stupid system on the planet...
Rents go up - the majority of the population cannot afford so they drift towards sharing with friends and family or letting out the spare room to help.
Then the government says no no no not allowed, forbidden, haram or whatever and evict people (and in some cases put them in jail or deport them for just trying to live within their means).
So basically the UAE will become a country where everyone needs to earn AED45,000 a month and have a housing allowance of AED200,000 plus have all their school fees and travel expenses taken care of. There will be no middle class at all and lower classes will be restricted to male only reservations in the middle of nowhere.
If this continues their economy will collapse within 10 years when expats coin on en masse they cannot live here unless they find a massive salary and aren't single men. And companies won't sit back and keep paying out more and more housing allowance without passing that on to their customers so basic goods and services become more expensive until only CEOs and senior oil people can afford to live here and everyone else commutes from Oman
It's already cheaper for some businesses to be based in the UK even with tax now because of the cost of housing and commute times. What does the government here think it is doing? It's dusty and hot here...add expensive to the mix (which also includes lack of freedom and deadly driving) and suddenly travel agents in Europe will be telling people the only place worth visiting in the middle east is Israel...oh wait, they are already telling people that!
N.
Rents go up - the majority of the population cannot afford so they drift towards sharing with friends and family or letting out the spare room to help.
Then the government says no no no not allowed, forbidden, haram or whatever and evict people (and in some cases put them in jail or deport them for just trying to live within their means).
So basically the UAE will become a country where everyone needs to earn AED45,000 a month and have a housing allowance of AED200,000 plus have all their school fees and travel expenses taken care of. There will be no middle class at all and lower classes will be restricted to male only reservations in the middle of nowhere.
If this continues their economy will collapse within 10 years when expats coin on en masse they cannot live here unless they find a massive salary and aren't single men. And companies won't sit back and keep paying out more and more housing allowance without passing that on to their customers so basic goods and services become more expensive until only CEOs and senior oil people can afford to live here and everyone else commutes from Oman
It's already cheaper for some businesses to be based in the UK even with tax now because of the cost of housing and commute times. What does the government here think it is doing? It's dusty and hot here...add expensive to the mix (which also includes lack of freedom and deadly driving) and suddenly travel agents in Europe will be telling people the only place worth visiting in the middle east is Israel...oh wait, they are already telling people that!
N.
Nail + head . .
Jul 23rd 2008, 5:28 am
#12
**** it we'll do it live
Joined: Oct 2004
Location: Dubai
Posts: 7,892
Re: families evicted from upscale villas in dubai
ditto norm, spot on post
I wonder if thye have actually started to believe their own bullshit about the place being a rival to monaco etc. Only explanation I can think of for the extremely dangerous path the are now going down.
That said I cant wait to snap up whole apartnment blocks and villas for pennies when it does all go tits up
I wonder if thye have actually started to believe their own bullshit about the place being a rival to monaco etc. Only explanation I can think of for the extremely dangerous path the are now going down.
That said I cant wait to snap up whole apartnment blocks and villas for pennies when it does all go tits up
Jul 23rd 2008, 6:45 am
#15
Lost in BE Cyberspace
Joined: May 2008
Posts: 5,125
Re: families evicted from upscale villas in dubai
a developer in dubai has started to build low cost accommodation which will be around the half a mill mark when finished, but this will be apartments i believe.