Search results

My broker is charging AED1000 annually as management fee for single studio apartment. Besides, he charges huge amount for sending contracts by courier and remitting rent. Is this normal ? He is not sending my rent on time and keep the money with him for several months. He gets all the cheques...

Can anyone please advise on following : Article 9 of the law previously contained a two year protection against any increase in rent for the first two years of the tenancy; the amending law removes this protection. This means that rent increases can take place every year, in accordance with...

My tenant is asking to renew the contract much in advance. Is is because rents are increasing ? and he is afraid that I might ask for increased rate as per prevailing market when it comes to renew the contract. Can landlord increase the rent in second year ? I know the RERA calculator but would...

Apartment prices shoot up by over 40% in International City The real estate market sentiment has improved over last year By Parag Deulgaonkar Published Monday, October 08, 2012 Asking prices for apartments in International City, which had dropped below their 2002 launch price, have shot up...

Do you people think that somehow this new city will benefit International city, dubai ?

I have already paid service charges to Nakheel in June which was around AED3700plus but I have received another invoice from Nakheel asking to pay AED700 plus against master community service charges . Anyone has received such request ?

Monday, August 06, 2012 A prominent real estate chief in Dubai predicts that property prices in Dubai can roar back to their 2008 highs. He says particular assets in Dubai property market are undervalued right now but property prices can return to their 2008 levels. According to the CEO of Wasl...

My agent who was introduced by someone has received the rent in cash from tenant but not sending it to me giving so many excuses. It has been more than two months since he got the rent. first he was busy then sick and now no reply at all. Does not answer the phone call and no reply by e-mail...

Can anyone tell me the real prevailing price of studio in international city spain cluster. I have been checking on Gulf news but it shows big variation in prices quoted by different agents. some offering AED143,000 and 200,000.

I am going to rent out my apartment in International city Dubai Spain cluster. Agent say 1cheque AED17500-18000 per year and 4cheques AED20,000-21,000 per year. However, he is asking for 5% commision from me the landlord for managing the property. Usually tenant pays commission to agent ? I...

I have a annual contract with tenant ending September this year. I received and e-mail from agent saying tenant wants to leave and break the contract. Reason is not known. What the rule suggest. Agent is holding the post dated cheques. Please advise. Matter urgent.

Can anyone guid me as to how should I apply for 3 months visa to visit dubai and resolve property issue. I am an investor from South Asia and currently living in UK on temp. resident visa. On the way back to my home country I like to stay in dubai for 1-2 months. In the past I used to get 3 days...

Rera chief executive says rent caps are not needed 'in a tough year' By Suzanne Fenton, Staff Reporter Published: January 13, 2009, 00:01 Dubai: A rent cap is not needed this year, Marwan Bin Galita, chief executive of Dubai's Real Estate Regulatory Authority (Rera),told Gulf News...

Today's news : The price of a studio flat in Forbidden city is about Dh730,000, while one-bedroom apartments start at Dh950,000 and a two-bedroom apartment starts at Dh1.4 million. "This is about 20 per cent higher than the prices at International City," Rashid Obaid Al Helli, general...

I rented out my studio apartment for only 38,000 Per annum one cheque. Contract was for one year. As per agent, I can not remove tenant at the end of tenancy agreement if tenant wants to stay for another year and can not increase the rent Unless I prove that I want to live by myself. For that...