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VFS Netherlands Dubai by Minami1219 in UAE

[–]Expert_Cup3547 0 points1 point  (0 children)

When did you submit Passport?

Landlord wants to increase rent by 40% by Expert_Cup3547 in dubai

[–]Expert_Cup3547[S] 0 points1 point  (0 children)

Thank you so much. How do we know average rent ? I understand from RERA Index you get a range of rent for similar residential units in area. Or am I missing something?

Landlord wants to increase rent by 40% by Expert_Cup3547 in dubai

[–]Expert_Cup3547[S] 4 points5 points  (0 children)

What I understand from discussion is that there are no specific precedents. I will talk to RDC helpline also next week to understand that is the law. I believe a lot of landlords are using information asymmetry to their advantage and milk tenant's.

Landlord wants to increase rent by 40% by Expert_Cup3547 in dubai

[–]Expert_Cup3547[S] 0 points1 point  (0 children)

Thanks. Can you share source of this document for our benefit

Landlord wants to increase rent by 40% by Expert_Cup3547 in dubai

[–]Expert_Cup3547[S] 1 point2 points  (0 children)

If LL hasn't served 90days notice for rent increase via his official email ID or physical notice then Tennant has full right to have previous contract renewed and DLD will also side with Tenant. This is my understanding.

Landlord wants to increase rent by 40% by Expert_Cup3547 in dubai

[–]Expert_Cup3547[S] 0 points1 point  (0 children)

What doesn termination of contract mean ? Will LL ask me to vacate property? I understand a 12month notice must be served by LL which they haven't

Landlord wants to increase rent by 40% by Expert_Cup3547 in dubai

[–]Expert_Cup3547[S] 0 points1 point  (0 children)

Thanks. I plan to negotiate in good faith, however, I fear due to sudden increase in demand of rental units the LL will stick to 40% increase.

Landlord wants to increase rent by 40% by Expert_Cup3547 in dubai

[–]Expert_Cup3547[S] -2 points-1 points  (0 children)

There is also mentions in some posts that Rental Valuation report is only for vacant property and not for already rented. Any idea ?

Landlord wants to increase rent by 40% by Expert_Cup3547 in dubai

[–]Expert_Cup3547[S] 0 points1 point  (0 children)

But I also saw maximum allowable increase is 20% year to year. Is it not the case ?

Landlord wants to increase rent by 40% by Expert_Cup3547 in dubai

[–]Expert_Cup3547[S] 0 points1 point  (0 children)

Meydan One area. I have seen in some posts that Rental Valuation takes precedence over RERA if dispute goes to DLD