Quote:
Originally Posted by Markus
I am looking to buy a 1 Bedroom Apartment in the International City for me to live in and I am thinking of buying another Apartment as investment to rent out. I read that the Dubai Property laws have recently changed. If the tenant decides to not pay rent,how long does it take to evict them from the apartment and is it true that you cant raise the rent for 2 years and then only at 5% a year.
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The Rent shoulh be paid by advance to you and if he doesnt pay the rent ofcoursely you have the authority to take legal action and its true that u can not raise the rent until 2 years and it can only be raised 5%.
I have a one bed room apartment for sale in International city .. transferable .. if interested .. i can send in the details ..