Rent increases after first year - law now?
#16
Re: Rent increases after first year - law now?
Ok..here is RERA page with the latest updates.
Just put your info in and it will tell you what the rents should be in your area.
http://www.rpdubai.ae/rpdubai/rental...ator.do?lang=0
It isn't easy to do..type in bur dubai and then you will get a drop down window so you can put your area in!!
eg
Tenancy Contract Expiry Date : Choose expiry date
Main Area : bur dubai
Property Type : villa
Areas : al barsha
Bed Rooms : 4
Current Annual Rent: ******
The rent for a four bedroom villa in Al Barsha - Individual is in the range 130,000 to 150,000 AED per year.
Your rent is less than or equal to 25% of the average similar rent in the area.
So you are not entitled to any increase of rent.
Just put your info in and it will tell you what the rents should be in your area.
http://www.rpdubai.ae/rpdubai/rental...ator.do?lang=0
It isn't easy to do..type in bur dubai and then you will get a drop down window so you can put your area in!!
eg
Tenancy Contract Expiry Date : Choose expiry date
Main Area : bur dubai
Property Type : villa
Areas : al barsha
Bed Rooms : 4
Current Annual Rent: ******
The rent for a four bedroom villa in Al Barsha - Individual is in the range 130,000 to 150,000 AED per year.
Your rent is less than or equal to 25% of the average similar rent in the area.
So you are not entitled to any increase of rent.
#17
Re: Rent increases after first year - law now?
the rent for a Three bedrooms Villa in Arabian Ranches is in the range 110000 to 170000 AED per year.
Your rent is less than or equal to 25% of the average similar rent in the area.
So you are not entitled to any increase of rent.
tell me how much you pay and how many bedrooms and I will copy paste the info unless this works
http://www.dubailand.gov.ae/English/...culatorEN.aspx
It is easy.... type in area "freehold" type "villa" then click on dropdown "area" and select arabian ranches then put bedrooms and then current rent
Last edited by Patsy Stoned; May 30th 2012 at 9:59 am.
#18
Re: Rent increases after first year - law now?
this is what RERA say...
the rent for a Three bedrooms Villa in Arabian Ranches is in the range 110000 to 170000 AED per year.
Your rent is less than or equal to 25% of the average similar rent in the area.
So you are not entitled to any increase of rent.
tell me how much you pay and how many bedrooms and I will copy paste the info unless this works
http://www.dubailand.gov.ae/English/...culatorEN.aspx
It is easy.... type in area "freehold" type "villa" then click on dropdown "area" and select arabian ranches then put bedrooms and then current rent
the rent for a Three bedrooms Villa in Arabian Ranches is in the range 110000 to 170000 AED per year.
Your rent is less than or equal to 25% of the average similar rent in the area.
So you are not entitled to any increase of rent.
tell me how much you pay and how many bedrooms and I will copy paste the info unless this works
http://www.dubailand.gov.ae/English/...culatorEN.aspx
It is easy.... type in area "freehold" type "villa" then click on dropdown "area" and select arabian ranches then put bedrooms and then current rent
Basically my land lord put my 3 bed villa rent down last year from 165k to 155k, he is now asking 165k again.... whilst thats more than 5% its not more than the first year. Sadly our own estates department seems to be oblivious to any rulings and are advising me to accept it. Why oh why doesnt this country have clear and transparent guidelines to anything.
#19
Re: Rent increases after first year - law now?
Much obliged for the response Patsy, the website was obviously playing up yesterday as it was just jammed on the same areas, no matter i can see it now but it tells me the website is updating the retail index..... grrrrrr
Basically my land lord put my 3 bed villa rent down last year from 165k to 155k, he is now asking 165k again.... whilst thats more than 5% its not more than the first year. Sadly our own estates department seems to be oblivious to any rulings and are advising me to accept it. Why oh why doesnt this country have clear and transparent guidelines to anything.
Basically my land lord put my 3 bed villa rent down last year from 165k to 155k, he is now asking 165k again.... whilst thats more than 5% its not more than the first year. Sadly our own estates department seems to be oblivious to any rulings and are advising me to accept it. Why oh why doesnt this country have clear and transparent guidelines to anything.
Your rent is less than or equal to 25% of the average similar rent in the area.
So you are not entitled to any increase of rent.
Maybe ask him to take 160k and pay in 4 cheques. Good luck.
Last edited by Patsy Stoned; May 30th 2012 at 7:37 pm.
#20
Lost in BE Cyberspace
Joined: Jul 2007
Posts: 13,553
Re: Rent increases after first year - law now?
And the award for 'Most Complicated Thread To Follow' goes to............
Some good advice here, no doubt (Patsy - you are a changed woman!) but it's all too much for my little brain.
I have already made up my mind - if my renewal quote (March next year) is reasonable, I'm staying - if it isn't, there are plenty of alternatives.
And no, I don't believe rents are now rising again - good places in popular areas are snapped up quickly, I know, but there were always elements of that, but there is still a plentiful oversupply of available places.
Some good advice here, no doubt (Patsy - you are a changed woman!) but it's all too much for my little brain.
I have already made up my mind - if my renewal quote (March next year) is reasonable, I'm staying - if it isn't, there are plenty of alternatives.
And no, I don't believe rents are now rising again - good places in popular areas are snapped up quickly, I know, but there were always elements of that, but there is still a plentiful oversupply of available places.
#21
Re: Rent increases after first year - law now?
And the award for 'Most Complicated Thread To Follow' goes to............
Some good advice here, no doubt (Patsy - you are a changed woman!) but it's all too much for my little brain.
I have already made up my mind - if my renewal quote (March next year) is reasonable, I'm staying - if it isn't, there are plenty of alternatives.
And no, I don't believe rents are now rising again - good places in popular areas are snapped up quickly, I know, but there were always elements of that, but there is still a plentiful oversupply of available places.
Some good advice here, no doubt (Patsy - you are a changed woman!) but it's all too much for my little brain.
I have already made up my mind - if my renewal quote (March next year) is reasonable, I'm staying - if it isn't, there are plenty of alternatives.
And no, I don't believe rents are now rising again - good places in popular areas are snapped up quickly, I know, but there were always elements of that, but there is still a plentiful oversupply of available places.
My landlord actually put my rent down this year without us even discussing it
#22
Re: Rent increases after first year - law now?
FWIW, my (AD) landlord sent the customary 5% increase to me this year. I sent the customary "we're not paying any increase" letter. They expressed the customary surprise and then made the customary agreement not to increase the rent.
#23
BE Enthusiast
Joined: Oct 2010
Posts: 547
Re: Rent increases after first year - law now?
Is your landlord one of the big property management companies? If so, are you willing to say which one? I'm asking as my (also AD) landlord sent me a similar letter recently, and I'm just about to start my arguments with them against an increase (this is the first time I have renewed over here). If you've had some success with the same people it would be useful to know. Many thanks.