Dubai Municipality has come up with a new set of rules for the house owners of Dubai. The owners will now have to pay 5% Dubai Municipality (DM) housing fee, even if the property is vacant, provided there is a DEWA connection.
The Dubai Municipality has also mentioned that it is not ready to withstand any kind of cheating the residents are showcasing by listing rents which are very much below the prevailing market rates for the specific region. According to municipality, it will be forced to use RERA, the Real Estate Regulatory Agency, rent index if any kind of malpractice is witnessed.
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The Dubai Municipality has also mentioned that it is not ready to withstand any kind of cheating the residents are showcasing by listing rents which are very much below the prevailing market rates for the specific region. According to municipality, it will be forced to use RERA, the Real Estate Regulatory Agency, rent index if any kind of malpractice is witnessed.
Buy a Dubai property
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