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Mario Volpi

Mario Volpi is senior vice president of investment advisory at Allegiance Real Estate. He has worked in the property sector for more than 40 years in London and Dubai

Articles

The law is silent when it comes to returning the security deposit when deals go wrong. It is up to the parties to decide the fate of this down payment as per any agreement. Getty Images
Homefront: ‘Should I return a non-refundable deposit for a deal gone wrong?’

Dubai landlord has cancelled the contract and found a new occupant, but the previous tenant wants his deposit back

MoneyNovember 04, 2020
The Dubai tenant needs to submit upcoming rent cheques in the name of the new landlord but has been denied access to the property owner's contact details. istockphoto.com
Homefront: ‘Can my new landlord ask me to vacate the property before the lease ends?’

The property was sold by the previous landlord and the new owner wants the tenant to move out

MoneyOctober 28, 2020
A building in Dubai has not been cleaned for several months despite repeated tenant requests and this has attracted cockroaches. Photo: Bloomberg via Getty Images
Homefront: ‘My landlord refuses to pay for upkeep of the building’

The Dubai tenant’s maintenance request has not been addressed for 10 months

MoneyOctober 21, 2020
It is quite normal for landlords and sellers to use a power of attorney when dealing with sales and rentals of their properties in the UAE as often the owners of these properties reside abroad. Getty Images
Homefront: Can I address my rent cheques to the landlord’s power of attorney?’

A Dubai tenant is wary of writing cheques in the name of an individual, rather than a property management company

MoneyOctober 15, 2020
The investor was initially promised handover of his property in April 2016, but it was extensively delayed and finally handed over only in March 2020. Photo: Antonie Robertson / The National
Homefront: ‘Can I cancel a property contract because of a delayed project handover?

The investor has paid 30% of the property value but wants to be compensated for a five-year delay

MoneyOctober 07, 2020
The Dubai resident who is facing a salary reduction is wary of directly calling his landlord and seeking a rent reduction because of the fear of rejection. istockphoto.com
Homefront: ‘Can I contact my landlord directly to request a rent reduction?’

The Dubai tenant has had his salary cut and wants to avoid the agent in his negotiations

MoneySeptember 30, 2020
The Dubai-based property owner is being denied permission to live in her apartment without paying 50 per cent of the purchase price. She has already made a down payment of 25 per cent for the property. Getty Images
Homefront: ‘Can I move into my property after paying 25% down payment?’

Real estate brokerage insists that the Dubai resident must follow contractual terms and move in only after paying 50%

MoneySeptember 16, 2020
The area of International City, especially near Dragon Mart, is undergoing redevelopment and transport infrastructure will also help elevate property prices. Antonie Robertson / The National
Homefront: ‘Are properties in International City good for investment?’

The Dubai resident is keen to get good rental returns and gain from capital appreciation

MoneySeptember 09, 2020
The tenant living in Al Reef in Abu Dhabi has made alterations to the property without the landlord's permission and converted the premises into a salon, with advertising outside.
Homefront: ‘Can my tenant alter the property without my permission?’

The developer has threatened to take legal action against the landlord if the property in Abu Dhabi is not restored to its original condition

MoneySeptember 06, 2020
An Abu Dhabi resident is at their wit’s end on how to deal with a noisy neighbour despite repeated warnings. Courtesy: Getty Images
Homefront: ‘How do I deal with a noisy neighbour?’

The Abu Dhabi resident’s neighbour has ignored several warnings to reduce the volume of music at night

MoneyAugust 26, 2020
The tenant has been sharing an apartment in Dubai Marina with two friends for three years and claims the landlord was aware of it. istockphoto.com
Homefront: ‘Can my landlord evict me for subletting my flat?’

The property owner in Dubai Marina had verbally agreed to this living arrangement three years ago

MoneyAugust 19, 2020
A tenant in Dubai is struggling to get her deposit back from the landlord. Philip Cheung / The National
Homefront: ‘How do I get my security deposit back from the landlord?’

The Dubai resident’s lease was in the name of her husband, who has now left the country

MoneyAugust 13, 2020
The owner of a children's nursery in Jumeirah Lakes Towers is seeking a rent reduction from their landlord due to Covid-19. Sarah Dea / The National
Homefront: 'How can I get my landlord to agree to a rent reduction during Covid-19?'

The Dubai resident's business in Jumeirah Lakes Towers has been closed since March and he's worried the rental cheques will be returned by the bank

MoneyAugust 06, 2020
The tenant is disputing the landlord's claim for repainting and repairing of their recently vacated flat in Dubai Marina. Pawan Singh / The National
Homefront: 'Do we have to pay for repairs and repainting when we vacate our flat?'

The Dubai resident says they left the apartment in better condition than when they moved in

MoneyJuly 29, 2020
The landlord says he will not offer a no-objection certificate if the Jumeirah Village Circle tenant refuses to renew the lease. Jeffrey E Biteng / The National
Homefront: ‘My landlord won't drop the rent. Can he force me to renew the lease?’

The Dubai resident wants to move out and is willing to forfeit her deposit to ensure a smooth exit

MoneyJuly 21, 2020
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