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Mario Volpi

Location
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 introduction of the new smart rental index will bring about transparency. AFP
UAE Property‘Is there an oversupply and could that lead to a market crash?’

The market has been increasing in volume and sales transactions for the past few years, and there are many factors behind this

MoneyJanuary 18, 2025
Rental increases have accounted for a large chunk of Dubai's inflation in the past three years. Lauren Lancaster /The National KEY WORDS: Real Estate Agent home homes rent rentals
UAE Property‘How does Dubai’s new rental index differ from the old one?’

The existing regulation will still be used to calculate any percentage increases to the rental amounts when the market is going up

PropertyJanuary 09, 2025
A rental property should always be handed back to the landlord in the same condition it was given to the tenant at the start of the agreement. Satish Kumar / The National
UAE Property‘I am concerned about recovering my deposit from the landlord’

Subject of returning rental deposit is an emotive one and often leads to disputes

MoneyJanuary 04, 2025
For some time now, the Dubai property market has been riding on a crest of a positive wave that doesn’t appear set to diminish anytime soon. AFP
UAE Property‘Should I invest in Dubai since market seems steep?’

There are more people coming to make Dubai their home than the number of properties being handed over

MoneyDecember 28, 2024
The notarised letter to the tenant requires you to give them another 30 days before you can file a rental dispute case. Getty Images
UAE Property: 'How do I evict tenant whose lease has expired?'

To evict a tenant for non-payment of rent, you must send a notarised letter to them requesting immediate payment

MoneyDecember 19, 2024
For the secondary market, buying with digital currencies is not possible. Reuters
CommentIs it possible to sell cryptocurrency to buy real estate in Dubai?

In the past, some developers have experimented with accepting digital currencies, but this is not mainstream

MoneyDecember 12, 2024
The eventual sale of a fractional unit may come with restrictions in terms of when exactly you could exit the investment. Bloomberg
UAE Property: ‘Is fractional investing a good option?'

The crowd funding method of buying real estate is relatively flexible, as it offers an easy entry and exit compared with full ownership

MoneyNovember 21, 2024
Capital appreciation for off-plan properties can be fairly rapid within a rising market, reaching its peak just before handover. Chris Whiteoak / The National
UAE Property: ‘Should I buy an off-plan or ready unit in Dubai?’

This is a personal choice and there are several pros and cons to both

PropertyNovember 14, 2024
Final approval of golden visa applications involving property investment depends on the Dubai Land Department. Pawan Singh / The National
UAE Property: ‘Do I receive a golden visa for buying real estate?’

Obtaining the 10-year permit requires investment in property with a value of at least Dh2 million

PropertyNovember 07, 2024
Any changes to a rental contract must be communicated in writing within 90 days of the renewal date. Getty Images
‘Should I inform my landlord if I don’t intend to renew my lease?’

Always let the owner know well in advance if you intend to move out

MoneyOctober 31, 2024
A tenant has the option to file a case with the Rental Dispute Settlement Committee if they believe they were coerced into signing a document. Getty Images
UAE Property: ‘Can my landlord make me sign an agreement to leave?’

Tenant can file a case at the Rental Dispute Settlement Committee at Dubai Land Department

MoneyOctober 24, 2024
While the interest rate on a mortgage is a crucial factor, it is not the sole consideration. Getty Images
UAE Property: ‘Can I sell property in my home country and transfer the proceeds to invest in Dubai?’

One option is to remortgage a property in home country, which can make it easier to raise the desired deposit without the need to sell it

MoneyOctober 17, 2024
If the tenancy contract does not include any provisions for parking, the clause in the Ejari contract will take precedence. Chris Whiteoak / The National
UAE Property: ‘Can my landlord take away free parking?’

Unless the owner has explicitly removed this facility from the tenancy agreement, they cannot abruptly cancel it

MoneyOctober 10, 2024
A landlord who serves an eviction notice to sell a property and then decides to re-let it long-term should offer the unit to the original tenant. Chris Whiteoak / The National
UAE Property: 'Can I put my home on Airbnb after evicting the tenant?'

The landlord’s reason for eviction is to sell the property

MoneyOctober 03, 2024
Dubai Marina. If a deposit was provided without any mention of it being non-refundable, and if the tenancy contract is off, a tenant is entitled to request his cheque back. Bloomberg
UAE Property: ‘Can I get my security cheque back if I have not yet signed a rental agreement?’

In the event that the agreement is terminated, a tenant has the right to receive a refund of deposit

MoneySeptember 26, 2024
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