‘Landlords hold all the power’: Reddit post calls Dubai rental market a ‘frustrating maze’ with minimal tenant protection, hidden fees
The Dubai Rental Market presents a lot of landscapes for landlords and real estate agents, often harmful damage, hidden payments and minimum lease.
In a designed post, Redditor complained that in contrast to the majority of world cities, where the rent is usually paid monthly, the Dubai landlord often requires tenants to pay one, two or four tests throughout the year. This structure is wrong with the total income cycles, forcing tenants to manage significantly leading payments.
In Dubai, real estate agents play a significant role in the lease market, but often offer limited support to tenants. “There are few real estate agents in Dubai, but collect heavy commissions (5% of the annual rents) while slipping the landlords.
The non-returned security deposits are another controversial issue. The hosts regularly require significant deposits, but the record assumes that they are rarely returned in full. “Small wear and tears. removed. Recycling. removed. In most cases, tenants never see this amount.
Complexing the situation for tenants is hidden fees. Tenants are often required to pay additional charges for EJARI registration and updating contracts. Moreover, the selection of monthly rent is, as is another standard, makes additional charges, making an expensive option in this market.
The system is characterized by Real-World alignment with rental income cycles, creating financial pressure for many residents. Faulty payment structures and additional administrative payments exacerbate the financial burden placed on tenants, mainly immigrants. This system generally appears mainly the hosts to benefit mainly, the minimum lease protection on the spot.
Reddit Post is a long discussion with the users that mainly agree with the user. “This is absolutely ridiculous. Banks don’t even give you a proper interest, but the landlords found a way to make easy money.
“It simply came to our notice then. Dubai and generally the UAE are now aimed at home owners and not home tenants.