Property & Investment in Dubai: Your questions about the market

[unknownpleasures]

Originally Posted by AndyH

or they breached the contract, or have been doing something illegal there. I wasnt aware of the one year notice part though, as long as one of the other criteria are fulfilled I thought that was enough.

I do wonder how Rera are going to ensure that the owner will actually live there, I was kicked out of one place for that so called reason, when I didnt know my rights, and of course he directly rented it out again.

That is a stupid law and it should be changed. There are plenty of other places tenants can rent a place and 90 days is sufficient to find one. There should only be notice of 90 days and no reason required to be specified they do it elsewhere particularly when a lease is coming to close to expiry. Why should a landlord be required to live there, what if the tenant is wrecking the place you allow them to live there so they can continue to destroy it? The landlord may wish to sell so why should they be waiting one year to do that as repairs may require to be undertaken without a tenant being in the property to bring the place back to an original standard which can ad more value to the property when selling. Stupid laws need changing and more complaints should be made to have them changed otherwise don't bother buying in Dubai at all as it seems like a headache with that as well. Landlords are the ones always out of pocket in the end especially during periods of repairs or in between tenancies. You can generally wait until it gets closer in other circumstances and give them 90 days notice prior to any further renewal or that is how it should work. Leases can either be from anywhere from 3-6 months or more elsewhere, in Dubai it appears you don't have a choice to have shorter leases and the idea of having to repay a tenant rent after they have lived in the property for a period of time is ludicrous!

[Cali Dubai projects]

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[Towers3]

Originally Posted by AppleMac

Hmm, how times change. Not so long ago the UK had written off Dubai, now they are queuing around the block to buy property here.

Emirates 24/7

http://www.zawya.com/story/Emaar_lau...0130515031545/