Most tenants avoided contract termination: Report

20.01.2015
Only 31% of respondents challenged proposed termination and of those over 84% did so by way of direct negotiation. A large percentage of Dubai tenants have found a way to avoid termination of their rental contacts, according to a recent report. 
“Only 31% of respondents challenged the proposed termination and of those over 84% did so by way of direct negotiation. Where a challenge was issued, either directly or through the Rental Committee, over 64% were successful,” Hadef & Partners, a UAE-based law firm, said in its report 'The legal state of the Dubai property market.'
Emirates 24|7 had reported earlier that the Rental Dispute Settlement Centre, the judicial arm of the Dubai Land Department (DLD), had become operational from December 2013 and would resolve most of the disputes in a maximum of 30 days. The centre was established following the issuance of Decree No. 26 of 2013 and is aimed at enhancing legal procedures that facilitate settlement of rental disputes.

Subscribe to our news

Latest Availability
Latest property news
Send us an enquiry or request a call back
Your name *
Phone
E-mail *
Your message *
*- indicates required
Request a call back
Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management