by luxfoliorealestate | Jul 28, 2022 | Real Estate
If a tenant is subletting without the landlord’s consent, the latter can file a case against them for not abiding by terms of the contract. The tenancy is valid until February 2023. However, the current owner has given 12 months’ notice (for the reason of selling),...
by luxfoliorealestate | May 24, 2022 | Real Estate
The 365-metre tower will edge out the nearby Gevora Hotel to take the No 1 ranking when it is completed in the fourth quarter of 2023 Construction of Ciel Tower in Dubai — set to be the world’s tallest stand-alone hotel at 365 metres — has reached the halfway stage of...
by luxfoliorealestate | Apr 21, 2022 | Real Estate
Brokers say the Cabinet overhaul of the visa residency system will boost the sector amid already strong demand The expected overhaul of the UAE visa residency system will “hugely benefit” the country’s real estate market and bring a “significant influx in buyers”,...
by luxfoliorealestate | Apr 7, 2022 | Real Estate
Judges at the Rental Dispute Settlement Committee allow the 12-month eviction notice to be served at any time during the lease. I own an apartment in Dubai, in which I currently live. I plan to leave the city and wish to rent out my property. However, I want the...
by luxfoliorealestate | Apr 5, 2022 | Real Estate
It is ideal to finalise the new rent amount closer to the date of lease renewal. If a property is for sale, the tenant can be asked to leave only after the owner gives them a 12-month notice to vacate. Bloomberg My landlord notified me about a rent increase via email...
