xty
My apartment rent contract would be expired on 1st August. Just now I called the agent who manages the building that they would increase the rent price from 65K to 72K (that is 10%+ cap) non-negotiable (non-furnished 1BR in Bur Dubai).
* Can someone point me a valid and official statement of this increase (e.g. from govt website)? I heard about max 7% cap.
* What would be the length of notice for the agent to notify the tenant? It's not written in the contract, but I thought there's a rule by law. I said to them at least 2 months they should inform me, but he said only 15 days required to notify before termination of current contract.
* What's the detail procedure to file a complaint against the property agent/landlord to the govt's housing department.
sage & onion
- xty wrote:
My apartment rent contract would be expired on 1st August. Just now I called the agent who manages the building that they would increase the rent price from 65K to 72K (that is 10%+ cap) non-negotiable.
* Can someone point me a valid and official statement of this increase (e.g. from govt website)? I heard about max 7% cap.
* What would be the length of notice for the agent to notify the tenant? It's not written in the contract, but I thought there's a rule by law. I said to them at least 2 months they should inform me, but he said only 15 days required to notify before termination of current contract.
* What's the detail procedure to file a complaint against the property agent/landlord to the govt's housing department.
Read through this article 7% is the max and that is providing they did not increase last year.
xty
- sage & onion wrote:
Read through this article 7% is the max and that is providing they did not increase last year.
Thanks for the link, I'll go through it.
BTW, this is my first contract (one year) with them, so can it be applicable?
Update:
"No rent increment shall also be made in 2007 on properties whose contract had already been signed in 2006 with a new tenant, Article 2 of the new decree said."
I guess it's applicable in my case. Great!
Now I need to find the official decree article/document to show them.
Anyone can help where I can find it?