Autonomy

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...

Eeyore

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?

Dubai Knight

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

Blue Cat

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

angelynv

where do you live?

Blue Cat

On the TECOM Land near the Greens

angelynv

whats TECOM?

Blue Cat

A company who owns all the land in Media City and the land where my apartment is

Paidtoplease

Have you moved ???

Blue Cat

nope been here 18 months

Paidtoplease

I thought you were in Al Barsha or that the same place ???

Blue Cat

same place

IndieG

No the market rate is not what the landlord decides - but what RERA decides, and it has not yet been implemented. The 5% cap is the law until then.

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........

Barty63

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

busybee2

ad rent is different, its 5% increase first year second year etc and market rates after 3 years in property etc, in dubai you get no increase first year 5% second year.