Thread Status:
Not open for further replies.

rental increase

Discussion in 'Dubai property' started by careful, May 28, 2008.

  1. careful

    careful New Member

    is there a law about the rental increase in dubai. can i increase the rent on my first renewal of contract . its been a year that i rented out my appartment. Plz post any info regarding the permission of increase. my apt was rented out at 46k
    last year. now the new tennants are paying 65k in IC for one bed. what should i do?
     
  2. georgihh

    georgihh New Member

    You can’t increase the rent but you can ask the tenant to vacate the flat as you are
    Not going to rent it anymore
     
  3. mk2301

    mk2301 New Member

    hi careful,

    where did you here tenants are paying 65K for a one bed is that for furnished or unfurnished apt?

    thanks
    mk2301
     
  4. gtmash

    gtmash New Member

    Yeah, never heard of a 65k apartment except in those premium non-country buildings. Your tenant can take you to the rental committee if you try to kick him out.
     
  5. sheray

    sheray New Member

    :)

    Hi

    Not really 1bhk current rate in international city is near 62 or 65k.
    And their is soooooooooo much demand. I can easily rent out
    in max 3 days or less.

    Incase you guys have 1bhk in IC please let me know.

    And yes you can ask the tenant to vacate. You no more want to rent it. Simple ! to be honest i dont know about the commetie thing.

    Any senior member can shed lite on this. ?

    Regards
    Sheray
     
  6. eyeC

    eyeC Senior Member

    Hi

    you cant force a tenant out for no reason if he doesnt want to leave

    you can only force him out with a court order provided you have a good reason for wanting him out

    you can negotiate with your tenant regarding a fair rent and maybe he will agree to a small raise otherwise you have to wait 2 years for max. 5% increase

    some of the reasons to be used for court could be

    - misuse of property

    -the person you signed the contract to sub lets your property without your approval

    -you want to live in it

    -used for illegal stuff....could be Prostitution,drugs,etc if you can prove it

    -sharing by many without your approval

    if anyone knows any more excuses please let us know
     
Loading...
Thread Status:
Not open for further replies.

Share This Page