The rental business may seem to be so easy, attractive, and money-promising. However, it is still a business. In other words, it has its risks, problems, and obligations. And as a landlord, you need to have certain skills and abilities to face and handle them:
Issues about landlord rights to increase the rent value are most burning for tenancy relationships in Dubai. As it always comes when the interests of two parts are conflicting, one’s benefits cause losses for another part. So, the information we provide in this post may be useful both for landlords and tenants as it contributes to better understanding their opportunities and rights.
In 2002, expatriates were allowed to purchase property in Dubai. Since then, issues of getting a residence via property purchase have become of great interest. Now, buying a property is one of your best options to secure the residency without the need of sponsors.
Ideally, when both parties fulfill their obligations and respect other party rights, they have few or no tenancy disputes at all. Moreover, they are capable to resolve any issues by mutual consent. Unfortunately, disputes occur with a landlord or a tenant to blame. Thus, the most common dispute cases are:
To understand how much money you need to buy a rental in Dubai, let’s speak about its real estate prices at first. Of course, prices vary from community to community and depend on area, property type, and its size. For example, apartment studios have the lowest price.