Total income reached to Dh5.607 billion compared to Dh4.431 billion, a solid expansion of 26.5 per cent YoY
Question: I have been asked to vacate my villa as the owner intends to renovate the building. I have been give 3 months to move house which I think is too short a notice period. Can I complain to Rera or do I take legal action?
Answer: First and foremost, any contract changes or amendments, including rental price changes, must be agreed upon by both the landlord and tenant at least 90 days before the tenancy expiration date. The tenant must formally state whether they intend to renew their contract or vacate the property. Any renewal price changes must be made according to the Rera index calculator, unless agreed otherwise.
In this specific case, if the landlord deems the property to be in a condition that requires restoration or comprehensive maintenance that cannot be carried out in the presence of the tenant using the property, a technical report must be issued by or attested by Dubai Municipality. In such a case, a 12-month vacating notice must be provided to the tenant through a notary public or registered post. Full details can be found under Article 25, Law 33 of 2008 (Amendment of Law 26, 2007). Any disputes that arise can be taken to the Rera Rental Dispute Centre.
Question: I want to refurbish my villa and make changes to the structure. What permissions do I need? What are the costs?
Answer: Refurbishing a villa in the current market can be a fantastic opportunity to add both sale and rental value to your property from an investment perspective or to add your own personal style as a homeowner. The most popular choices for renovations are upgrading kitchens, bathrooms, flooring, and curb appeal, such as fresh paint, a landscaped garden, or a private pool.
Some factors to consider for extensive renovations, such as structural changes are Dubai Municipality approval, developer permission, and fees involved. A refundable deposit prior to the issue of a “No Objection Certificate,” commonly known as an NOC, is the norm. This deposit is refundable upon completion of the works, providing that the checks for health and safety, environmental, and community compliance have been passed. Most developer websites provide information about the fees involved.
Additionally, as costs may vary, it is important to research the scope of the project thoroughly, the quality of materials and work. Finally, set a budget and time frame, and use licensed contractors to benefit from your renovation fully.
The writer is Senior Sales Consultant at Betterhomes.
Total income reached to Dh5.607 billion compared to Dh4.431 billion, a solid expansion of 26.5 per cent YoY
Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, presented the awards to the winners in various categories
Move aims to deepen multi-sectoral cooperation
Brands in the UAE and the region have been advised to create the right awareness schemes that they’re deemed neutral
This continuous rise in investment is attributed to an emerging trend of financialisation of savings
The UAE registered trademarks totalling 4,610 in Q1
One of the driving forces behind the growth is the adventurous spirit of millennials and Gen Z
Figure reflects the emirate’s growing appeal as a preferred investment hub for innovative technology companies