All tenancy contract renewals are now subject to the RERA Renewal Calculator
Your rental increase will depend on your current rental market vs the actual market rate according to RERA.
Less than 10% below the current rental market = 0% increase in rent
More than 11% below the current rental market = 5% increase in rent
More than 21% below the current rental market = 10% increase in rent
More than 31% below the current rental market = 15% increase in rent
More than 41% below the current rental market = 20% increase in rent
WHAT CAN MOVE IN DUBAI DO FOR ME?
We will send a written notice to the tenant more than 90 days before the expiry of the tenancy contract, notifying them of the renewal increase.
IF THE TENANT CONFIRMS INTENTION TO RENEW WE WILL...
Prepare the new tenancy contract and payment agreement
Ensure the contract is renewed and the new rent cheques are collected in a timely manner
Update the tenant's details if required and obtain any new identification documents
Organise the Ejari registration for the property.
IF THE TENANT CONFIRMS INTENTION TO MOVE OUT WE WILL...
Send them the moving out procedure to ensure that the property is vacated on time and that all bills are paid up to date
Inspect the property and ensure that it has been painted, cleaned and that everything is in good working order
Collect all keys, access cards and parking cards and subject to your approval, get to work on any maintenance that is required.