Miscellaneous Questions: Post them here

[mskhan]

Originally Posted by matlee

Hi,

I am very new to Dubai and in amidst of signing tenance contract for leasing and rental apartment in Bur Dubai.
One of the additional clause mentions " The tenancy lease will be renewed at prevailing market price at the date of renewal as agreed subject to variation"
Agency states that this market price & variation and is pertaining to rental laws where the annual rental increment is limited to 5% after two years of lease and is quite standard.
Please advice if this should be a cause of concern. Your comments are appreciated a lot!!
Thanks

Hi,

Below is a reply from my agent in Dubai who is looking after my 1 bedroom apartment in International City, Dubai. Hope this heps.

Salim


The current tenancy contract is for a one year period, 10th September 2007 - 9th September 2008. The rental amount at the beginning of this tenancy was AED 45,000. As long as the current tenant is wishing to renew at the end of this tenancy period, the rent will remain the same according to the UAE government regulations. Landlords cannot increase the rental amount until the 2nd tenancy renewal and this is capped at 5%. If the tenant does not wish to renew, then the landlord is able to increase the rent accordingly. At the moment, a 1 bed in International City is going for around AED 54K.

[kully sanghera]

Hi all,
heres an i/city video , from nakheel

Video Gallery - International City

[steph61773]

Hello everyone,

Is there a quick was to establish what developments are offering competative prices in Dubai at the moment - perhaps ones that are in Pre-Launch?

[Howsbuya]

Interesting! So that means the landlord has to rent for 3 years? He/she cannot rent for 1 year? And the rent is fixed for the 1st 2 years? Even though the landlord wanted to rent for 1 year only??? Nowhere else in the world would this happen.
HB

Originally Posted by mskhan

Hi,

Below is a reply from my agent in Dubai who is looking after my 1 bedroom apartment in International City, Dubai. Hope this heps.

Salim


The current tenancy contract is for a one year period, 10th September 2007 - 9th September 2008. The rental amount at the beginning of this tenancy was AED 45,000. As long as the current tenant is wishing to renew at the end of this tenancy period, the rent will remain the same according to the UAE government regulations. Landlords cannot increase the rental amount until the 2nd tenancy renewal and this is capped at 5%. If the tenant does not wish to renew, then the landlord is able to increase the rent accordingly. At the moment, a 1 bed in International City is going for around AED 54K.

[kully sanghera]

Originally Posted by steph61773

Hello everyone,

Is there a quick was to establish what developments are offering competative prices in Dubai at the moment - perhaps ones that are in Pre-Launch?

Hi steph,
Please check " i-city price rises " posts and you will see that prices are rising daily in international city, the latest 1 bedroom OFF PLAN apartments are over 1.3 million dhms! I have always used GOWEALTHY for my purchases as they have been 100% honest and reliable from the start . They also do rentals too!
good luck!

[beta_sweater]

Is it just my bad luck or does anyone else also have a busted aircon? From the very first day I was handed over the apartment in September 2007, I've been having problems with my AC. Nakheel were prompt to have it fixed (within the warranty period), though I never received a complaint number for it.
Anyway, since April this year, my AC has broken down completely on more occasions than the number of days in a month. Initially, Nakheel sent someone to fix it, but apparently in May, the warranty period was over so they could fix it no longer. The building owner also confirmed this. And the building owner couldn't have it fixed too since Nakheel has to yet confirm the new maintenance charges (meaning it's probably going to go up this year).
All said and done, my AC hasn't been working as it should. I've had to get a private AC repair workers since then. And these guys have a better attendance every week than I've had in the past months at work! So each week, they come in, fill the cooling gas and leave. Also there is water leaking from the fan unit in the apartment which has caused the ceiling tiles to rot away. So now I have a couple of buckets strategically placed in the doorway to my apartment to collect water. Apparently the foam insulation on the incoming cooling pipes was not installed. So they had to fix that! whatever!
Then yesterday, the circuit connector in the AC unit on the roof burnt off causing the electricity supply to my apartment to be cut off. DEWA guys managed to fix it, but we had to spend the night without the AC. I managed to get it fixed this morning, though it's still not cooling. The thermostat always hovers around 28 degrees!
Anyone else facing similar problems? It really boils down to substandard materials, poor workmanship, pathetic finishing and no attention to detail whatsoever!
Any ideas what can be done as an apartment owner?

[haider_dubai]

does any one know what is the ongoing price of 1 BR apartment in persia cluster

[Howsbuya]

Some good news!
Maybe you know this already but I just found out that Gammon and Billimoria are in the process of building the Forbidden City replica and the scheduled timeframe is 10 months.
This should be very good for IC.
HB

[Yasir]

Originally Posted by kmp

Wanted 13 units of 1 b/r apartments in International City, any cluster for a 5* hotel's middle management staff.

If available direct with agents or owners pls call 050-2536041

Thanks

For Sale or Rent .. ??

[Markus]

I am looking to buy a 1 Bedroom Apartment in the International City for me to live in and I am thinking of buying another Apartment as investment to rent out. I read that the Dubai Property laws have recently changed. If the tenant decides to not pay rent,how long does it take to evict them from the apartment and is it true that you cant raise the rent for 2 years and then only at 5% a year.