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Re: Rent increase laws
Originally Posted by GarethR
(Post 5849447)
I have seen it cited in the newspapers several times that after the same tenant has been in a property for three years, the landlord has a right to increase the rent to "market value", irrespective of whatever rent cap happens to be in place at the time.
So under the current rent laws, it would be more like : Year 1 - rent agreed Year 2 - rent as year 1 Year 3 - rent raised in accordance with rent cap at that time Year 4 - market rate Mind you, that's the rent law as it specifically applies to Dubai, not Abu Dhabi. |
Re: Rent increase laws
I guess it all depends on your landlord... they might have the right to shove a splintery stick up your arse after three years, but that doesn't mean they'll necessarily exercise it.
Do you feel lucky? ;) |
Re: Rent increase laws
Our landlord never even gave us 1 year!
Unfortunately we were sharing with a guy who's company had taken the lease. The villa is attached and the landlord owns the entire block. The lease for the villa next door expires at the end of Feb and we were given notice to vacate after only 7 months as he plans to demolish the entire street (beautiful 35 year old mature gardens and everything!) and put 10 villas around a shared pool in the space where there are currently only 4. He will then charge 3 times the price per property as we are paying now! Luckily, we found a nice place not far away for a reasonable price. Still a rip off, but not bad for Dubai. :curse::curse::curse: Knight |
Re: Rent increase laws
even though the construction noise does my head in near my place, it won't go on forever and I feel lucky that we are only paying 85k ;)
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Re: Rent increase laws
Originally Posted by Blue Cat
(Post 5852789)
even though the construction noise does my head in near my place, it won't go on forever and I feel lucky that we are only paying 85k ;)
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Re: Rent increase laws
Originally Posted by angelynv
(Post 5852804)
where do you live?
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Re: Rent increase laws
Originally Posted by Blue Cat
(Post 5852811)
On the TECOM Land near the Greens ;)
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Re: Rent increase laws
Originally Posted by angelynv
(Post 5852856)
whats TECOM?
A company who owns all the land in Media City and the land where my apartment is ;) |
Re: Rent increase laws
Originally Posted by Blue Cat
(Post 5852811)
On the TECOM Land near the Greens ;)
Have you moved ??? |
Re: Rent increase laws
Originally Posted by Paidtoplease
(Post 5852923)
Have you moved ???
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Re: Rent increase laws
Originally Posted by Blue Cat
(Post 5852980)
nope been here 18 months ;)
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Re: Rent increase laws
Originally Posted by Paidtoplease
(Post 5852995)
I thought you were in Al Barsha or that the same place ???
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Re: Rent increase laws
Originally Posted by Autonomy
(Post 5850093)
well - I'll be able to tell you exactly what happens soon - will be renewing for year 4 in about 1 month from now. If they hit us with so called market value I'll freak out...
This is my 13th tenancy contract renewal:):) PS: The landlord tried to sneak in some service charges (think 3000 dhs). My husband was going to pay it as he didn't want to argue about "such a small amount". I didn't let him pay it - so when he gave the rent cheques the manager was telling him in an indirect sort of way that our maintenance might suffer - "if you call for maintenance staff, they might be a delay attending your call sir". I've called maintenance about 3-4 times, and they've come within 5 minutes. Little does the Manager know that I tip them handsomely - might as well use the service charges to tip them........ :lol: |
Re: Rent increase laws
Just got a 5% increase which is fine. But he put 10% Service Charge on top, even though maintenance and stuff is all documented in the regular rent contract. This is my 5th Year and he never charged me the Service Charge. Is this right ? Is this just a scam to put it up +15% ?
How would the Rent Committee view this etc.... ? Mike |
Re: Rent increase laws
Originally Posted by andrewpops
(Post 5849358)
Can someone explain what happens after the 24 months - for example, would this happen?
Year 1 - Rent agreed Year 2 - Rent + 5% Year 3 - Market rate OR is it... Year 1 - Rent agreed Year 2 - Rent + 5% Year 3 - Rent + 5% Year 4 - Market rate. I'm in the second lease year, I don't fancy a 100% rent increase this June when my lease runs out! But thats Abu Dhabi for you. |
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