Ambareen Musa, Founder and CEO of Souqalmal.com, talks about five ways you can convince your landlord to lower your next annual rent:
If you love the house you’re renting, but not so much the rent you’re being charged, there’s only one direction to head towards – the negotiating table.
There are many ways to gain an upper hand in rental negotiations. The Souqalmal.com team has listed below five such ways you can use to convince your landlord to lower your next annual rent:
Track the Rera Rent Index
The Rent Index, managed and periodically updated by the Dubai Land Department’s Real Estate Regulatory Authority (Rera), shows the average rents for all communities in Dubai. It also tells you whether your landlord is entitled to increase your rent, and if so, by how much, in terms of a maximum percentage. So, if you’re seeing a drop in average rents in your community, it would be best to be armed with the latest official numbers before you go in for a discussion with your landlord…
For full article go to Khaleej Times.