Having peace of mind is essential when it comes to real estate investing, particularly in a busy market like Dubai. The Real Estate Regulatory Agency (RERA) is involved in this. As someone who has worked in Dubai's real estate market, I can attest to the fact that How Dubai’s RERA Protects Property Buyers and Investors. I'll go over how RERA safeguards your interests and what you should know about this...

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...

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...