Home Business Dubai Rental Index: How much of a give and take will landlords go in for?

Dubai Rental Index: How much of a give and take will landlords go in for?

As for landlords, they need to balance between higher rents and steady occupancy

by daily times
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By Staff Reporter

The update to the Dubai RERA Rental Index has been one of the most significant announcements to come out of the property market recently. Tenants are now facing unavoidable rent increases.

The other key announcement was that eviction notices are now transferrable between owners. Whereas a tenant could potentially increase their eviction period (when the landlord sold the unit) by asking for a fresh eviction notice from the new owner, they are now locked into a 12-month notice.

 

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