Wednesday, January 25, 2012

Service Fees create ripples in the Dubai Rental Scene


A recent poll by a popular media entity in the region threw up some interesting insights into the preferences of Dubai residents. Questioned over the pinning of responsibility of paying off the service charges to master developers before agreeing to a Dubai rental, over half of the respondents decried that it rested with the property owner and not the tenant.

Almost a quarter of the remaining respondents opined that landlords that default on the payment of the service charges must be stopped by the Real Estate Regulatory Agency (RERA), which is the property regulator in the Emirate. Master developers, who have been instrumental behind the construction of the property, too must share equal responsibility in preventing such unscrupulous landlords.

The payment of service fees snowballed into a huge firestorm that threatened to engulf all those involved. A Dubai rental property is often the most preferred choice of accommodation for the expat population that throngs to the Emirate and has made it the envy of the world. With a region that is just showing slivers of hope of pulling it out of the property recession, that has afflicted Dubai, in the past few years.

Progressive rental property companies like Move in Dubai, have been instrumental in educating prospective tenants on the pros and cons of renting a property in Dubai. Apart from having an extensive range of exquisite properties to suit most requirements in the region, they also specialize in guiding tenants through the entire process with special attention on getting the documentation in proper order.

One can get in touch with them for queries related to Dubai property rentals through their website: http://www.moveindubai.com

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