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Posts Tagged ‘rera’

land-department300 projects in 22 master developments included in index: Rera

Dubai has taken the lead over other cities in the Middle East by launching a “service charge and maintenance index” for freehold areas, a move that brings more transparency and supports the development of the real estate sector.

The index, released during Gitex Technology Week, currently provides details of 300 projects in 22 master development such as Business Bay, Dubai Marina, Jumeirah Beach Residence, Jumeirah Lakes Towers, International City, Motor City and Dubai Silicon Oasis though the Real Estate Regulatory Agency (Rera), the regulatory arm of Dubai Land Department (DLD), has audited the service charges and maintenance fees of 420 projects.
The index is designed to be applied to services areas and common spaces and be under the management of owners associations and property developers. Read more

ask louiseQuestionI moved to dubai in 2012 & my apartment rent was 50K. Next year the landlord increased to 55K. This year again he hiked to 65K. I have 3 queries:-

1) Is there a law (not sure if its 26 or 33) that a landlord can only hike at 2 years interval. If so, how effective is it?
2) If I opt for rent according to RERA rental calculator, the landlord is threatening that he will put a clause that contract is non-renewable and I will have to vacate next year.
3) Could you also advise any official website for the above. Read more

ask louiseQuestionI relocated to Dubai from Scotland with my pet dog diva. I rented a 1 bed apartment and was told that as long as she didn’t disturb the neighbors it was fine. Nothing is mentioned in the contract about pets which I believe is standard out here. After 3 days of living here the security stopped me and told me no pets are allowed and management are issuing eviction notices for anyone with dogs. Read more

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