With the rental index having legal implications for possible rent increases in the renewal process of existing contracts, the purpose of this contribution is to provide you with strategies strengthening your negotiating power as well as to familiarise you with the methodology of the index computation.
With comparatively high yields on property in Dubai the option of taking up a loan and purchasing the property instead of renting can make good sense.In this article I would like to address the must crucial aspects within the property mortgaging process that you should be aware of and carefully take into account. I will address the points that I deem to be relevant in the chronological order that they are to be tackled while going through the process.
In this article I would like to present you with an investment and management approach with which the proceeds from attractively situated apartments in Dubai can be boosted by approximately 20% – 45% under realistic assumptions vis-a-vis conventional letting.The strategy takes advantage of the fact that Dubai registers by far the largest per capita tourist expenditures in the world – 106% more than London coming in second – while occupying fourth rank in total international tourist arrivals with a strong upwards trend (Mastercard Global Destination Cities Index).
As many investors/landlords are not native to the local rental market, in this article I would like to present the most important precautions to take with respect to the initiation and execution of rental contracts.