Rera recently urged tenants and landlords to register tenancy contracts online from January 1, 2009, to develop a comprehensive rental index that will help it to evaluate and regulate the market better, with a Dh100 fee.
The online registration spells the end of landlord-tenant disputes and will help Rera gauge the rental market in Dubai fully.
“About six months ago, people were paying rent in one or two or maximum four cheques. Given today’s financial situation, these [payment plans] will be more flexible. And if Rera can gather the information through this, then they can also give more guidance,” Elaine Jones, chief executive officer of Asteco, told Gulf News.
Additional fees may well not be an option, as house fees are included in the annual Dubai Electricity and Water Authority bills, although many areas in Dubai still do not receive these.
Rera said earlier this year that they wanted to have zones within Dubai where an average rent rate would be given for each zone. This appears to be the first step on that road.
