UAE | Housing & Property
Fujairah may soon introduce rent cap
The emirate may soon introduce a rent cap. Despite an increase in residential properties, Fujairah has continued to experience relatively sharp increases in rents, which for many have out-paced any increase in personal income.
- By Fuad Ali, Staff Reporter
- Published: 23:36 May 3, 2009
Fujairah: The emirate may soon introduce a rent cap. Despite an increase in residential properties, Fujairah has continued to experience relatively sharp increases in rents, which for many have out-paced any increase in personal income.
Mohammad Saif Al Afkham, Deputy Director of Fujairah Municipality, confirmed the measures could be introduced soon. He said: "The final text of the legislation is now under study and is expected to get the final approval before it is officially adopted.
"A committee was set up to deal with the unreasonable increase in rents. We tried to take into consideration interest of all parties."
Faisal Othman Al Baroudi, an Emirati telecom technician, had to move out of his flat after his rent was increased from Dh18,000 to Dh23,000.
Abu Dhabi, Dubai and Ajman Ras Al Khaimah already have rent caps.
More from UAE Housing & Property
More from UAE
Community Reports
-
Keep recycling bins open
People should be allowed to do their part as the world moves towards a greener future
-
Bridges needed
Al Ittihad Road has no pedestrian facilities as one nears Sharjah
-
Street lights needed
Authorities urged to act with haste before a major accident occurs in Al Nahda, Dubai
-
Motorists ignore stop sign on buses
Overtaking school vehicles can put students' lives at risk
Latest news
- Dubai Police deny reports of Burj Khalifa fire
- New road eases traffic problems in Dubai
- Abu Dhabi hosts strong man contest
- Farmers to be taught techniques to improve yield
- Keep recycling bins open
- UAE's first home-grown unmanned aerial vehicle
- Telling stories with sand
- President of Wollongong varsity about his plans
- Challenging role in Libya
- Parachuting event promises rich fare
- UAE ministry backs efficacy of Tas'heel system
- UAE students on research trip to Antarctica
- Brothers held in Sharjah for possessing heroin
- Fund drive for displaced Syrians launched
- FNC has kept pace with development — Al Murr
