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UAE: When it can be a good idea to co-sign a loan for your adult child
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.
UAE: Which is better for your rental budget, a short term or a long term lease?
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.
Dubai: If you have an understanding, in writing, with your landlord on a freeze on rent, what can you do if the landlord nevertheless decides to increase the rent? A Gulf News reader wrote in asking this question.
He said: “I would like to seek Gulf News’ help to report about an issue – I had an understanding with my landlord in writing last year that if I decided to renew my contract for this year, I would be paying Dh152,000 as rent. This year, I prepared the cheques 10 days prior to renewal but the landlord rejected them. He said that he had changed his mind and the rent would now be Dh170,000 for this year, and Dh165,000 for the year after that, and Dh160,000 for the following year. Can you report on this matter to make landlords understand that this is unfair?”