DUBAI'S SERVICE CHARGES NEED A RETHINK: Property owners, developers and property management companies in Dubai have started to zero in on services charges… but each group has its own take on a situation that is setting off increased tensions. A strong intervention on the part of the real estate authorities would be welcome at a time when a consensus clearly eludes all those involved. The Danube chief and big-time property investor in Dubai, Rizwan Sajan, reckons that retaining service charges at current levels while rents are falling all over the place is clearly not a sustainable set of affairs. His views have clearly resonated well with homeowners.[COMMENT BY: Manoj Nair, Business Editor]
Antonin Kelian Kallouche/Gulf News