Negotiating Rental Prices in Dubai

Renting a house is a very much challenging task. Though law is very much powerful and enforceable in DUBAI, but we also need to find the good tenants. From getting suitable tenants to negotiating the rental income is a serious task to accomplish in Dubai. For instance, if you have signed a leased home and later find out that you are paying more than the others in similar units. First, start with having the understanding of the situation you are in. For example, you have recently signed a leased apartment in Dubai but you get to know later that others in the same unit are paying less than you. You have option to renew the contract for lower annual rents in this situation. But how it is possible, that is a serious question. You can find yourself confused while negotiating here. Therefore the Legal Consultation is the only solution to find the course of action as per the situation. The Real Estate Advocates and Legal Consultants, provide you the best advice as per your situation with the land lord or tenant. We suggest, that read carefully the terms and conditions while signing the contract, or knock your lawyer to check the tenancy contract for your legal guidance. RERA is the government department where all the contracts are registered.

• Rental Laws do regulate the relationship between landlords and tenants. According to the rent law of Dubai, both parties should adhere to the terms and conditions of the tenancy contract.
• There are several challenges during renegotiation. The rents in the building you are residing in may have been reduced due to any reason.
• Renegotiating the rent after signing the contract is quite tough. Once all the terms are agreed to a specified rent makes it difficult to alter or change despite the reasons for a drop in the rental figures.
• There are certain lucrative options available for renegotiation in the contracts. Let us explore the possible options available.
• Firstly, it is a lucrative option to negotiate with the Landlord. The tenant can try their best to negotiate with the landlord over the lower rent. The reduction proposed is based on the current market conditions in Dubai.
• Nevertheless, any decrease in the rent is at the discretion of the landlord rather than the tenant’s wishes. The conversation should be encouraged to reach an amicable settlement. With politeness and dialogue, the lower rent can be negotiated.
• The tenant needs to provide relevant evidence of lower rents in the same building or locality to get the desired outcome.
• The renewal of the tenancy contract is also a possibility. In case your leasing needs renewal or rents have been reduced in your locality, you can request the rent reduction from your landlord in Dubai.
• Furthermore, as per the Dubai Rent law, the tenant and the landlord need to amend the terms and conditions of the agreement to reconsider any changes to the contract. Any rise or fall in the rent before the renewal should be mutual.

The concerned department can easily help the tenants to resolve their rental-related disputes. Any changes in the rental prices can be met with their intervention. They can also help in reaching an amicable settlement by ensuring fair treatment for both parties that is landlord and the tenant. The Emirati lawyers have an understanding of the Dubai rental laws and can handle the situations accordingly. They can easily ensure compliance while also assisting in achieving reasonable and acceptable conclusions.

Legal Consultation may be needed in some scenarios. If anyone opts for legal action, a well-equipped and well-qualified lawyer is helpful. The lawyers in Dubai can assess the situation; understand the situation, review the tenancy contracts and advise the best course of action. The knowledgeable attorneys approach the process calmly and professionally. They will always advocate for their rights by enacting their best interests. The attorneys at Ask The Law are the most trusted attorneys in UAE.

Learn More: Real Estate Disputes and EMI Payments