Bahtatboy

"Could not find the rental index for a Three bedrooms apartment in Al Sofouh.
Please contact [email protected],[email protected]"

Great.

scrubbedexpat141

What about just sticking in Dubai Marina?

Bahtatboy

Al Sufouh is the correct name for where I am: just off the Marina. Not happy with an 18% increase, but as I said it seems to be well below market rates. I'd imagine I'll be able to get him down to a 12% increase--everything else I've seen on Dubizzle at that sort of price is shite.

Ditzy

Hi Scamp

Pretty sure (though I would check with RERA first), that

a) the maximum the LL can increase on your 2nd year in a property is 5%
and
b) if he doesn't like that and then asks you to leave because he is selling ( ) then he has to give you 12 months notice.

This will be a common problem in ET as the rents were quite low. You may have read the recent article in 24/7.ae about residential property in this area (I am a fellow ETer ) as there is now very little unoccupied residential property here which is beginning to be reflected in rental prices due to location etc.

From my understanding, you are entitled to spend another year in your property, with a 5% increase. Then during Year 2 he can give you notice to evict you.

The rent committee are very helpful, I'd go along with your contract and ask where you stand. There are so many differing points of view that it will be hard to know where you stand without correct information. Good luck!

Ditzy

Attached article may be of help

http://www.emirates247.com/property/...05-10-1.458015

rowell

My landlords trying it on for 10% even though It seems he is not entitled to it, so bit of fight on my hands but its cheaper to pay than moving and don't want to leave ranches

Millhouse

don't pay it and set a precedent. how of interest, what do you pay and for what?

rowell

115k for 2 bed plus maids at Palmera in the Ranches

captainflack

I am in Dubai Marina and luckily for me LL renewed in August at existing rent.

But a guy i know on another floor, his LL tried to put up rent from 85k to 100k. He looked over RERA regs and said to LL because there was not notice given the year before, he could only put it up 5%. His LL then came back and agreed to just 5% raise, and didn't seem to argue over it. I haven't found the regulations, but I assume the LL was aware of these if he rolled over that easy.

the_red_sheep

Just stumbled across this on Zawya:

'Tenants face pay-up or leave ultimatums as Rera rent calculator rendered ineffective

Optimism and growing enquiries for rental properties in Dubai is pushing landlords to arbitrarily increase rents, ignoring the rental calculator set up by Dubai's Real Estate Regulatory Agency ( Rera ) for the purpose.

Tenants living in Jumeirah Lakes Towers, Discovery Gardens and the Springs, called Emirates 24|7 to report the tactics adopted by landlords, who have either increased rents even though they are not entitled to, or have simply asked them to vacate.

B Brian, who stays in Discovery Gardens, told this website: "My landlord has hiked my rent by Dh6,000. I am currently paying Dh39,000 for a one-bed, while the Rera rent calculator shows no increase."

Rera puts the rent for one-bedroom apartments in Discovery Gardens in the range of Dh35,000 to Dh40,000 per year.
It says that if the rent is less than or equal to 25 per cent of the average similar rent in the area and so there should not be any increase of rent.

Brian says: "My landlord told me to pay or leave since his agent has already found someone who was willing to pay Dh45,000 in two cheques."
Adrain Green lives in a studio apartment in Jumeirah Lakes Towers. His lease expires in December.

"My landlord's agent has informed me that my rent will be increased by Dh5,000 in the next contract.

"I can't pay that much, but as I want to avoid shifting hassles I have conveyed to him that I was willing to pay five per cent more even though the official rent calculator showed no hike."

Geen says he still hasn't heard from the agent, but isn't contemplating leaving the apartment as the landlord has to serve him two-month notice.

Rent for studio apartments in Jumeirah Lake Towers are in the range Dh30,000 to Dh45,000 per year, Rera calculator reveals, adding the tenant isn't entitled to any rent increase.

Abhay Salunke leased a two-bed villa in the Springs for Dh87,000 in 2011, but his landlord has asked for an increase of Dh13,000 in the new contract, or else to vacate the house.

"My landlord wants me to pay Dh100,000 per year. He has asked me to pay or leave. A 15 per cent increase is obnoxious. I am not going to pay that for certain and I am not going to leave without fighting," he informed.

Knight Frank's latest Prime Global Rental Index, reveals rents in prime neighbourhoods up by two per cent in the second quarter this year compared to the first quarter, while year-on-year it rose by 3.3 per cent.

In July, Jones Lang LaSalle (JLL) said rents for villas and apartments in established communities and prime buildings across Dubai rose 10 per cent and nine per cent, respectively, in the second quarter 2012 compared to the same period last year.

"Whilst villa rents have increased five per cent compared to the levels of January 2009 and are almost back to their peak levels, apartments are 30 per cent lower relative to January 2009 levels," the global consultancy said.

Maintaining a buoyant view on the realty market, JLL stressed rents and prices will continue their upward trend during the remaining of 2012.'

http://www.zawya.com/story/Steep_ren...0121015030251/

Looks like Rera are going to be busy...

Patsy Stoned

I have just renewed my contract , 4bedroom villa in Al Barsha, no increase, in fact my LL reduced my rent by 20k last year

rowell

That's brilliant another few bottles bubbly free of charge so to speak, we'll done

Patsy Stoned

If only they were free darling

rowell

Well an extra 20k with rent reduction buys a lot

rowell

What was the South African bubbly you mentioned in another thread, thanks in advance