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-   -   Rent renewal Abu Dhabi (https://britishexpats.com/forum/sand-pit-116/rent-renewal-abu-dhabi-822314/)

Fossildog Jan 20th 2014 1:40 pm

Rent renewal Abu Dhabi
 
So much for the 5% cap on rent rises being removed only affecting tenants who have been in a property for years. Just had my renewal on my rent come through, only been here a year, landlord wants an extra 32%.

Considering I paid the market rate when I took the lease out last year and the landlord knew he would be limited to a maximum 5% increase, this smacks of being a tad greedy and opportunistic. So after a year I now have to pay more moving fees, more agent fees and all the hassle that comes with it. Makes me think why I am here to be honest.

busybee2 Jan 20th 2014 5:23 pm

Re: Rent renewal Abu Dhabi
 

Originally Posted by Fossildog (Post 11087308)
So much for the 5% cap on rent rises being removed only affecting tenants who have been in a property for years. Just had my renewal on my rent come through, only been here a year, landlord wants an extra 32%.

Considering I paid the market rate when I took the lease out last year and the landlord knew he would be limited to a maximum 5% increase, this smacks of being a tad greedy and opportunistic. So after a year I now have to pay more moving fees, more agent fees and all the hassle that comes with it. Makes me think why I am here to be honest.

yepppp! but nowt much you can do about it... there are no rules now. u have to hope that you have a nice landlord etc.

Yoohoo Jan 21st 2014 2:48 am

Re: Rent renewal Abu Dhabi
 
The cynic in me wonders whether the architect of this move owns a couple of moving companies....or realestate agencies.

Seriously, where else in the world is the tenant responsible for the letting fees?

busybee2 Jan 21st 2014 3:08 am

Re: Rent renewal Abu Dhabi
 

Originally Posted by Yoohoo (Post 11088500)
The cynic in me wonders whether the architect of this move owns a couple of moving companies....or realestate agencies.

Seriously, where else in the world is the tenant responsible for the letting fees?

i know i wish they would change that one.....


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