Rent renewal Abu Dhabi

Old Jan 20th 2014, 1:40 pm
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Default 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.
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Old Jan 20th 2014, 5:23 pm
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Default Re: Rent renewal Abu Dhabi

Originally Posted by Fossildog View Post
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.
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Old Jan 21st 2014, 2:48 am
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Default 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?
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Old Jan 21st 2014, 3:08 am
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Default Re: Rent renewal Abu Dhabi

Originally Posted by Yoohoo View Post
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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