Articles
The market has been increasing in volume and sales transactions for the past few years, and there are many factors behind this
The existing regulation will still be used to calculate any percentage increases to the rental amounts when the market is going up
Subject of returning rental deposit is an emotive one and often leads to disputes
There are more people coming to make Dubai their home than the number of properties being handed over
To evict a tenant for non-payment of rent, you must send a notarised letter to them requesting immediate payment
In the past, some developers have experimented with accepting digital currencies, but this is not mainstream
The crowd funding method of buying real estate is relatively flexible, as it offers an easy entry and exit compared with full ownership
This is a personal choice and there are several pros and cons to both
Obtaining the 10-year permit requires investment in property with a value of at least Dh2 million
Always let the owner know well in advance if you intend to move out
Tenant can file a case at the Rental Dispute Settlement Committee at Dubai Land Department
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
Unless the owner has explicitly removed this facility from the tenancy agreement, they cannot abruptly cancel it
The landlord’s reason for eviction is to sell the property
In the event that the agreement is terminated, a tenant has the right to receive a refund of deposit
