There is a situation where me (a tenant) is going through a tough time in Dubai
I have rented a Shop inside a Shopping Mall from past 4 years which was basically closed and re-opened.
From 10 months the customers have raised and i was doing the Breakeven of mu over all business.
Suddenly the Mall is sold and New Landlord is asking for New RENT 40% increase and he is showing a document of RERA (so called Rent commotee of Dubai Govt.) stating landlord can increase the Rent to Market Rates.
I have to put all his money in the business and may go bankrupt incase the situations goes out of hand.
Is there any Rent index for the Commercial properties declared in Dubai? in really dont know.
The new Land lord is harrasing and treating tenants and employess has slaves. He even abuses in Arabic Language...
if any one can help me out. please do the needful
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