Rent renewal Abu Dhabi
#1
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.
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.
#2
Lost in BE Cyberspace
Joined: May 2008
Posts: 5,125
Re: 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.
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.
#3
Forum Regular
Joined: Jul 2008
Posts: 208
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?
Seriously, where else in the world is the tenant responsible for the letting fees?