WITH RENT INCREASE DEMANDS, NEGOTIATE HARD: Across Dubai, landlords are starting to demand more from their tenants when the next contract lease comes around. And tenants will find that one assurance they had in the last five years – of rents dropping – is no longer there. More locations in the city are coming under the pull of the double-digit rental increase demand, even what was until now only seen as solid mid-income neighbourhoods such as Jumeirah Village and Sports City. Tenants in the city, old and new ones, will have some deft negotiations to do. When in doubt, check around, if moving to a new home means more assurance on rent hikes initially, opt for that course. Or if the landlord’s demands seem exorbitant, there is always the Rental Disputes Settlement Centre at the Dubai Land Department. [COMMENT BY: Manoj Nair, Business Editor]
WAM