RERA

2 Bedroom apartment for sale in Burj khalifa | Full Fountain view

UAE Property: Can a Landlord Raise the Rent by Any Amount?

Question: My landlord recently passed away, and now a rental company manages his properties. They sent me a notice stating that my next rent will be Dh65,000 per year, marking an increase of 46%. Is the rental company legally allowed to impose this increase? Please advise. — NA, Dubai. Read this also : Dubai Leads the Middle East with 72,500 Millionaires Answer: Before I address your question, I...

New Procedure for Dubai Landlords Seeking Rent Re-Evaluation

New Procedure for Dubai Landlords Seeking Rent Re-Evaluation

Dubai landlords now have a new process in place if they wish to seek a rent re-evaluation, as announced by the Real Estate Regulatory Authority (RERA). Instead of relying solely on the most recent Rental Index update, landlords have the option to request a higher rental amount, but with a significant change in the procedure. Read this also : More tenants are turning into...

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