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  1. K

    Business Bay Good Investment Or Not

    Business Bay is doing well now. Hotels and offices opening all over the place. Good time to invest in that area. Expect it to go up further. Accessibility is better these days within BB.
  2. K

    Was I ripped off ? International City

    The guys at Nakheel have done a bad job at maintaining IC. Property prices over there have not gone up much. I would rather put my money in Marina and JLT where it is more accessible. Property prices are going up in other areas. But I think it was good to get rid of the IC property.
  3. K

    Tenant is asking to renew the contract in advance

    Raise rent in the 3rd year Yup.... Bobbythebuilder is right. I am an owner myself. But I feel this is important as there were no caps on rental increase previously. Tenants were suffering with rental increases of over 30% to 40% on a year on year basis. Dubai seems to be getting back to its...
  4. K

    Need Info about property maintenance

    Whenever you rent a property in Dubai you need to make sure you inspect the property correctly and prepare a snag list. This snag list (along with some photos) has to be documented. Ideally it needs to be fixed prior to you moving in. However, if you wish to move in, you need to send them an...
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