In most cases, a rental contract will state that the property has to be returned at the end of the tenancy in the same condition as at the start. This might include painting, decorating and cleaning. Photo: Getty Images
In most cases, a rental contract will state that the property has to be returned at the end of the tenancy in the same condition as at the start. This might include painting, decorating and cleaning. Photo: Getty Images
In most cases, a rental contract will state that the property has to be returned at the end of the tenancy in the same condition as at the start. This might include painting, decorating and cleaning. Photo: Getty Images
In most cases, a rental contract will state that the property has to be returned at the end of the tenancy in the same condition as at the start. This might include painting, decorating and cleaning.

Homefront: ‘My landlord is refusing to return my Dh1,500 security deposit. Is this legal?’


  • English
  • Arabic

I vacated my Dubai apartment and handed over the key to the landlord’s agent. However, they refuse to return my Dh1,500 security deposit cheque and are instead demanding another Dh500 for maintenance.

My contract ended five days ago. I shifted to another apartment last week. I have not received a salary for the past three months and my visa expired three-and-half months ago. Can the landlord file a case against me in the Dubai Land Department? RA, Dubai

Please read your rental contract carefully and abide by any clauses that relate to when the tenancy period expires and what you are required to do when you move out.

In most cases, a contract will state that the property has to be returned in the same condition as it was when the tenant moved in. This might include painting, decorating and cleaning. The fact that they are requesting Dh500 could be due to this.

I believe the landlord will not file a case against you, instead preferring to retain your deposit to fund maintenance or redecorating costs to restore the property to its original condition.

My landlord wishes to increase my rent by 5 per cent to Dh105,000. I tried to use the Real Estate Regulatory Agency’s online rent calculator to check if this is permitted. However, it will only allow me to input Dh99,999 instead of Dh100,000. The Dh99,000 amount shows no rental increase is permitted.

My landlord has also not served the 90-day notice period to increase the rent. I have e-mailed the landlord several times but it's been futile. I am looking for advice on how to get my landlord to abide by the law. MW, Dubai

I’m not sure where you are finding the Rera rent calculator online, but the accurate way to check would be to go to your App Store and download the Dubai Rest app.

Any changes to a rental contract have to be communicated in writing, no less than 90 days from the contract expiry date

Through this application, you will be able to input all information such as the size of the property, its location, date of tenancy expiry and current rent. Once you do this, the calculator will tell you if your landlord is permitted to increase the rent or not.

Any changes to a rental contract have to be communicated in writing, no less than 90 days from the contract expiry date. If your landlord has missed this window, he is not legally entitled to increase the rent, regardless of what the Rera calculator says.

If he insists on pushing ahead with the rent increase, you can challenge this by filing a case with the Rent Dispute Settlement Committee, stating that less than 90 days’ notice was served for a rent increase.

All of the above involves time and money, so a better solution would be to meet the landlord and arrive at a compromise. In the long run, it is better this way and you can avoid hassles or headache related to filing a legal case.

Mario Volpi is the sales and leasing manager at Engel & Volkers. He has worked in the property sector for more than 35 years in London and Dubai. The opinions expressed do not constitute legal advice and are provided for information only. Please send any questions to mario.volpi@engelvoelkers.com

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

World Cricket League Division 2

In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.

UAE fixtures

Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final

Honeymoonish
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Arabian Gulf League fixtures:

Friday:

  • Emirates v Hatta, 5.15pm
  • Al Wahda v Al Dhafra, 5.25pm
  • Al Ain v Shabab Al Ahli Dubai, 8.15pm

Saturday:

  • Dibba v Ajman, 5.15pm
  • Sharjah v Al Wasl, 5.20pm
  • Al Jazira v Al Nasr, 8.15pm
SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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THREE
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Company%20profile
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Pathaan
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Fifa%20World%20Cup%20Qatar%202022%20
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The specs

Engine: 3.9-litre twin-turbo V8

Transmission: seven-speed

Power: 720hp

Torque: 770Nm

Price: Dh1,100,000

On sale: now

MATCH INFO

Everton 0

Manchester City 2 (Laporte 45 2', Jesus 90 7')

'Top Gun: Maverick'

Rating: 4/5

 

Directed by: Joseph Kosinski

 

Starring: Tom Cruise, Val Kilmer, Jennifer Connelly, Jon Hamm, Miles Teller, Glen Powell, Ed Harris

 
Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

Unresolved crisis

Russia and Ukraine have been locked in a bitter conflict since 2014, when Ukraine’s Kremlin-friendly president was ousted, Moscow annexed Crimea and then backed a separatist insurgency in the east.

Fighting between the Russia-backed rebels and Ukrainian forces has killed more than 14,000 people. In 2015, France and Germany helped broker a peace deal, known as the Minsk agreements, that ended large-scale hostilities but failed to bring a political settlement of the conflict.

The Kremlin has repeatedly accused Kiev of sabotaging the deal, and Ukrainian officials in recent weeks said that implementing it in full would hurt Ukraine.

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

MATCH INFO

Manchester United v Manchester City, Wednesday, 11pm (UAE)

Match is on BeIN Sports

UAE currency: the story behind the money in your pockets
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