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No Rent Cap for Dubai in 2009

No Rent Cap for Dubai in 2009

Old Jan 14th 2009, 2:41 am
  #31  
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Default Re: No Rent Cap for Dubai in 2009

Heard on Radio 2 this morning that its business as usual, 5% rent cap in effect!!!
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Old Jan 14th 2009, 4:10 am
  #32  
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Default Re: No Rent Cap for Dubai in 2009

Originally Posted by TGFKASE
Heard on Radio 2 this morning that its business as usual, 5% rent cap in effect!!!
http://www.gulfnews.com/business/Rea.../10275061.html
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Old Jan 14th 2009, 5:02 am
  #33  
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Default Re: No Rent Cap for Dubai in 2009

the usual government case of the left hand not telling the right hand, or the left hand spouting off out of place (as the RERA chief exec obviously has)..

great news for everyone!
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Old Jan 14th 2009, 5:13 am
  #34  
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Default Re: No Rent Cap for Dubai in 2009

I must agree... the government is pretty disorganized.

Let's just hope this is the final announcement on the subject.
I'm looking forward to retaining my low rent price in 2009/10. ; )

Now if I can just retain my job too!!
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Old Jan 14th 2009, 6:06 am
  #35  
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Default Re: No Rent Cap for Dubai in 2009

Originally Posted by BurpusMe
I must agree... the government is pretty disorganized.
That must be the under-statement of the dayJust look at their many contradictory statements about the National Identity Card application deadline.
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Old Jan 14th 2009, 6:13 am
  #36  
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Default Re: No Rent Cap for Dubai in 2009

Originally Posted by lionheart
That must be the under-statement of the dayJust look at their many contradictory statements about the National Identity Card application deadline.
I'm not sure words could possibly do it justice.
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Old Jan 14th 2009, 4:05 pm
  #37  
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Default Re: No Rent Cap for Dubai in 2009

we just got our new contract in AD...5% increase and we have been here for what will be our 4th year ................
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Old Jan 15th 2009, 4:27 am
  #38  
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Default Re: No Rent Cap for Dubai in 2009

Originally Posted by lobby lou
we just got our new contract in AD...5% increase and we have been here for what will be our 4th year ................
AD and dubai are totally different WRT rent caps are they not?

but from a personal point of view, thanks, thats encouraging to know..
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Old Feb 2nd 2009, 4:37 am
  #39  
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Default Re: No Rent Cap for Dubai in 2009

Does anyone know of any lawyers for taking the LL to the RC?
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Old Feb 4th 2009, 8:37 am
  #40  
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Default Re: No Rent Cap for Dubai in 2009

Benson, your first name isn't George, is it?
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Old Feb 4th 2009, 8:41 am
  #41  
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Default Re: No Rent Cap for Dubai in 2009

We're deffo going to move, we have 2 months left but how does it work? Do we just tell the landlord we're leaving when our year is up? Someone told me we have to give them 45 days notice?
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Old Feb 4th 2009, 8:49 am
  #42  
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Default Re: No Rent Cap for Dubai in 2009

Originally Posted by Spugsy
We're deffo going to move, we have 2 months left but how does it work? Do we just tell the landlord we're leaving when our year is up? Someone told me we have to give them 45 days notice?
sure I will be corrected if I'm wrong, but I think the legal requirement for dubai is 60 days.
Just tell him you are not renewing, do it in writing, send it by fax/post/pigeon as well. If possible, get someone from his office to sign a copy or confirm receipt in writing.

If you don't give enough notice, you remain liable for the rent until he finds a tenant.
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Old Feb 4th 2009, 9:49 am
  #43  
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Default Re: No Rent Cap for Dubai in 2009

nope not George

Have found these on the RERA site. Just in case anyone wanted too know.
Attached Files
File Type: pdf
Decree_1_2009.pdf (78.5 KB, 92 views)
File Type: xls
Rental-Index-30-12-08.xls (172.5 KB, 217 views)
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Old Feb 4th 2009, 9:57 am
  #44  
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Default Re: No Rent Cap for Dubai in 2009

Originally Posted by Benson
Does anyone know of any lawyers for taking the LL to the RC?

Nope, but I know many lawyers for taking the right p...
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Old Feb 4th 2009, 10:11 am
  #45  
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Default Re: No Rent Cap for Dubai in 2009

Originally Posted by admon
sure I will be corrected if I'm wrong, but I think the legal requirement for dubai is 60 days.
Just tell him you are not renewing, do it in writing, send it by fax/post/pigeon as well. If possible, get someone from his office to sign a copy or confirm receipt in writing.

If you don't give enough notice, you remain liable for the rent until he finds a tenant.
bollocks, I'd better find out, thing is this local dude turned up and told us he'd bought our villa, asked how much we paid a year then said 'oh thats quite cheap' and promptly left.
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