Rent Renewal
#1
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Joined: Feb 2011
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Rent Renewal
Morning campers.
I know this has been asked a millions times before.
Current rent 62,500
1 bed in Exec Towers, Business Bay.
Text the landlord's rep this morning and he said I can renew my contract (which states; ONE YEAR) but at current market prices. I've replied asking what they are.
In anticipation that he's going to say more than 62,500 (a mate moved in 8 floors below me, slightly smaller too for 70k only 3-4 months ago)....how can I argue back for a minimal / zero increase.
NOTE: I can't get the RERA rent calculator to work, it comes up with a server application error.
Any suggestions for how best I can prepare...I really don't want to move out.
I know this has been asked a millions times before.
Current rent 62,500
1 bed in Exec Towers, Business Bay.
Text the landlord's rep this morning and he said I can renew my contract (which states; ONE YEAR) but at current market prices. I've replied asking what they are.
In anticipation that he's going to say more than 62,500 (a mate moved in 8 floors below me, slightly smaller too for 70k only 3-4 months ago)....how can I argue back for a minimal / zero increase.
NOTE: I can't get the RERA rent calculator to work, it comes up with a server application error.
Any suggestions for how best I can prepare...I really don't want to move out.
#2
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Joined: Feb 2011
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Re: Rent Renewal
Got the calculator to work:
"The rent for a One bedroom apartment in Business Bay is in the range 50000 to 65000 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."
So, when I argue this point and they say no, and we go back and forth a few times....can they just say, no, piss off, move out?
Bearing in mind it is 34 days until contract is up?
"The rent for a One bedroom apartment in Business Bay is in the range 50000 to 65000 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."
So, when I argue this point and they say no, and we go back and forth a few times....can they just say, no, piss off, move out?
Bearing in mind it is 34 days until contract is up?
#3
You read these things?
Joined: Jun 2010
Posts: 1,261
Re: Rent Renewal
Got the calculator to work:
"The rent for a One bedroom apartment in Business Bay is in the range 50000 to 65000 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."
So, when I argue this point and they say no, and we go back and forth a few times....can they just say, no, piss off, move out?
Bearing in mind it is 34 days until contract is up?
"The rent for a One bedroom apartment in Business Bay is in the range 50000 to 65000 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."
So, when I argue this point and they say no, and we go back and forth a few times....can they just say, no, piss off, move out?
Bearing in mind it is 34 days until contract is up?
Besides, as I understand, they need to give two month's notice before they can kick you out. So they have to resign the contract.
#4
Re: Rent Renewal
Got the calculator to work:
"The rent for a One bedroom apartment in Business Bay is in the range 50000 to 65000 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."
So, when I argue this point and they say no, and we go back and forth a few times....can they just say, no, piss off, move out?
Bearing in mind it is 34 days until contract is up?
"The rent for a One bedroom apartment in Business Bay is in the range 50000 to 65000 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."
So, when I argue this point and they say no, and we go back and forth a few times....can they just say, no, piss off, move out?
Bearing in mind it is 34 days until contract is up?
#5
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Joined: Feb 2011
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Re: Rent Renewal
Thanks Auz and PS.
I've just had a text back saying market price is 75,000 (probably about right) but because I'm hassle free, nice and good tennant they will re-rent for 69,000.
So now I reply saying 'no. RERA say it should be same price'.
Am I correct?
I've just had a text back saying market price is 75,000 (probably about right) but because I'm hassle free, nice and good tennant they will re-rent for 69,000.
So now I reply saying 'no. RERA say it should be same price'.
Am I correct?
#6
You read these things?
Joined: Jun 2010
Posts: 1,261
Re: Rent Renewal
"No. I reject that offer. RERA said you are not entitled to increase the rent. As such, you are to charge me AED62,500 as per last year's agreement.
I've already spoken to RERA and if you refuse, they recommended me to report you to them as being in breach of RERA rules.
They also said you will be liable for any and all costs incurred as a result of any action RERA has to take."
#7
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Re: Rent Renewal
Reply I got;
"In that case landlord wants to keep his staff there. Pls advise, i'm just a mediator, hope you understand....i will call you in an hour to discuss further"
Any suggestions?
"In that case landlord wants to keep his staff there. Pls advise, i'm just a mediator, hope you understand....i will call you in an hour to discuss further"
Any suggestions?
#8
Re: Rent Renewal
It's irrelevant if he wants to put staff in there. What others have said is correct and the law in on your side. Just point out what RERA have said and that you assume the company will be abiding by the law.
#9
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Re: Rent Renewal
I'm dealing with the LL's helper / employee.
If they say they don't want to rent to me, because it is 34 days from renewal, what options do they have?
It seems a bit one-sided that I can stay in it for another year at the same price and they can do NOTHING about it?
#10
Re: Rent Renewal
I presume your contract has a 2 month renewal clause. That means if they want you to vacate they have to give you 2 months notice. I presuME you told them you wanted to stay at that time?
04 222-253 Toll Free: 7000 40000
Don't bother trying to email As they never reply.
04 222-253 Toll Free: 7000 40000
Don't bother trying to email As they never reply.
#11
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Joined: Feb 2011
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Re: Rent Renewal
I haven't had any contact with LL or his representative since first moving in.
I'll find your email address and send you a copy if you don't mind?
I'll call this RERA mob later today.
#12
Re: Rent Renewal
Discrepancy? I assume discretion. He still has to give you notice in accordance with the contract. By all means send it over. I'll be at my desk for most of this afternoon.
#14
Re: Rent Renewal
Correct me if I'm wrong here (the law or interpretations of it seem to change more often than Madonna gets accused of being a disgusting old filthy ho and a bad mother), but I thought the landlord had no choice but to renew the agreement unless he himself is moving in (ie wanting to move his staff in is not good enough) or if he is selling up in which case he has to give you 12 months (!) notice apparently..
Last edited by norsk; Oct 14th 2012 at 10:09 am. Reason: all those bloody brackets are confusing aren't they..
#15
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Re: Rent Renewal
Correct me if I'm wrong here (the law or interpretations of it seem to change more often than Madonna gets accused of being a disgusting old filthy ho and a bad mother), but I thought the landlord had no choice but to renew the agreement unless he himself is moving in (ie wanting to move his staff in is not good enough) or if he is selling up (in which case he has to give you 12 months (!) notice apparently..
As per the norm, most advice on here is legit, so thanks ladies and gents.
Meow has scanned her eyes over the contract I have and said the same thing....so thanks, will have a little polite debate with them and see where we go.