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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 typical agency commission should be 5 per cent of the rent plus VAT, while some companies charge a minimum fee of Dh5,000 plus VAT if the rent is less than Dh100,000. Reem Mohammed / The National
UAE Property: ‘Can the broker keep my deposit if I didn’t sign the lease?’

The tenant changed his mind about leasing after the agent quoted inflated charges

MoneyMay 02, 2024
The tenant is willing to pay a rent according to the Real Estate Regulatory Agency’s rent calculator. Alamy
UAE Property: 'How much rent should a tenant pay for two months?'

If no agreement can be made, one of the parties must file a case at the Rental Dispute Settlement Committee

MoneyApril 25, 2024
The maximum rental increase permitted in any one year cannot be more than 20 per cent. AFP
UAE Property: ‘Does the Rera rent index apply to furnished apartments?’

The landlord is asking for a rise despite the calculator not permitting it

MoneyApril 18, 2024
If the landlord has not signed the tenancy contract a few days away from the renewal date, the tenant should pursue the matter with the property broker. Getty Images
UAE Property: ‘My landlord hasn’t signed the renewal contract’

The tenant has already paid a lease renewal fee and handed over two rent cheques

MoneyApril 11, 2024
A landlord is not allowed to evict a tenant and then re-let the property. Getty Images
UAE Property: ‘When does an eviction notice come into effect?'

The eviction is valid only if the landlord served the notice for moving in himself or his first-degree next of kin

MoneyApril 04, 2024
Not all areas in Dubai are covered under the Real Estate Regulatory Authority's rent calculator. Antonie Robertson / The National
UAE Property: ‘How do I assess rent for an area not on Rera index?’

The UAE law states that a landlord can only increase rent by a maximum of 20% in any one year

MoneyMarch 28, 2024
Owners need to get a no objection letter from former tenants before they can lease their properties again. Getty Images
'Can a landlord re-let a unit after evicting tenant?'

Owners can only re-let properties after giving the original renter first refusal to move back in

MoneyMarch 21, 2024
In Dubai, tenants typically pay for repairs if they cost less than Dh500. Image: The National
UAE Property: 'Who pays for maintenance of a rental unit?'

Landlords have certain responsibilities towards the tenant and the upkeep of the property

MoneyMarch 14, 2024
A tenant in Dubai can prepare a renewal contract and cheques and deposit them with the Dubai Land Department if a landlord stops communicating with them. Getty Images
UAE Property: ‘How do I renew my lease if landlord won't reply?’

The tenant has rejected a proposed rent increase as it exceeded Rera’s calculations

MoneyMarch 07, 2024
The Rent Dispute Settlement Committee will push tenants and landlords to find an amicable solution before filing a case. Alamy
'Can I claim compensation if my landlord re-lets unit?'

It is illegal to evict a tenant from a property to rent it out to another person

MoneyFebruary 29, 2024
If the Real Estate Regulatory Agency’s rental calculator states that increases are allowed and the landlord has given the tenant 90 days’ notice of the same, then they are entitled to the increase stated. Getty Images
UAE Property: 'Tenant is ignoring eviction and wants to renew lease'

The landlord’s decision on whether or not to go ahead with the lease depends on their reason for the eviction

MoneyFebruary 22, 2024
The only way of correctly serving a 12 months’ eviction notice is through notary public and/or registered mail. Getty Images
UAE property: 'How can I challenge an eviction notice?'

If it is not delivered through a notary public or registered mail, the tenant can challenge its validity at the Rental Dispute Settlement Committee

MoneyFebruary 15, 2024
Tenants are not obliged to give gifts or cash to real estate brokers who have negotiated on their behalf. Alamy
UAE Property: ‘Can an agent demand a gift for negotiating rent?'

The broker is also demanding rent upfront before providing a signed tenancy contract

MoneyFebruary 08, 2024
If the landlord gives the tenant at least 90 days’ notice from the renewal date of any changes to the tenancy contract, then they have every right to request the higher rent. Getty Images
UAE Property: ‘Can my landlord ask for a full year’s rent before renewal?’

The tenant has also been served with a 12-month eviction notice

MoneyFebruary 01, 2024
One way to evict a tenant without serving the 12 months' move-out notice is to come to an agreement for financial compensation. Getty Images
UAE Property: ‘My tenant is refusing to pay the rent’

The new landlord wants to give the renter 30 days' notice to vacate the unit after they ignored their request to sign the lease and hand over rent cheques

MoneyJanuary 25, 2024
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