You can give vacant notice only based on two reasons if you want to sell the property or self use. We can’t give eviction notice to give property next year for higher rent. Old tenant can file case in rds and claim compensation in such case
@@IndiansAbroad Your first point in the video was not to avoid or ignore legal regulations. And here you are saying most landlords are doing it so it's ok 🤷♂
Actually this particular situation about vacating is a bit unclear in market. It all depends on situation and judge. So it is not a black and white law. It's more case basis.
You can only vacate under certain conditions. You can use chat gpt advanced paid versions to have a personal assistant at all times to consult for various things including laws and other issues, it gives good advices too
Disagreed with your floating and flexible interest rate advice. There are rising and falling Interest rate cycles and since UAE is aligned with US, you just need to keep track of it. When you bought the property 3 years back, Interest were reduced to zero due to covid and federal reserve started the hiking cycle for rates to control inflation. So you might have paid higher interest rate for last 3 years. But now if someone takes a fixed interest rate (which is generally very high), they will be disappointed bcos feds are now in rate cutting cycle to prevent recession. Meanwhile, They will be stuck with very high rates. Flexible Interest rate is best because if your loan is for 10-30 years, You get the best average irrespective of the economic condition.
You are right dear. But I said to take fixed for atleast first 3 to 4 years. When I was getting loan 2 years back, rates were increasing each month and hence it was the best option. Mostly rates always increases, hence it is a general consensus. From next year I will end up paying floating only.
Hi , I am actually having a thought of buying property in Dubai , but have lots of hesitation. Do you do consultations or guidance for this ? How can I contact you ?
Sir im beptise sikh (kirpan wearing)so plz tell me its allowed a betised sikh to wear kirpan and doing jobs in dubai bcoz i m planing to move to dubai from india
Almost third party ka promotion kiya apne lekin. Yeh sab adviser aap khood use nahi kiye so ek middle class person q third party advisor ko hire karega aap soche.
You can give vacant notice only based on two reasons if you want to sell the property or self use. We can’t give eviction notice to give property next year for higher rent. Old tenant can file case in rds and claim compensation in such case
You are right, but Most landlords are doing it. It's a market practice. There are few ways to avoid legal issues.
@@IndiansAbroad Your first point in the video was not to avoid or ignore legal regulations. And here you are saying most landlords are doing it so it's ok 🤷♂
Actually this particular situation about vacating is a bit unclear in market. It all depends on situation and judge. So it is not a black and white law. It's more case basis.
If you vacate the tenant to increase the rent then the tenant can sue you and win the case. Speaking from personal experience
Thnx for sharing your experience 👍
You can only vacate under certain conditions. You can use chat gpt advanced paid versions to have a personal assistant at all times to consult for various things including laws and other issues, it gives good advices too
Please make video on Dubai driving rules
Very useful. Love from 🇵🇰
Thnx
Good information brother ❤❤❤❤❤
Thnx dear 😇
Disagreed with your floating and flexible interest rate advice. There are rising and falling Interest rate cycles and since UAE is aligned with US, you just need to keep track of it.
When you bought the property 3 years back, Interest were reduced to zero due to covid and federal reserve started the hiking cycle for rates to control inflation. So you might have paid higher interest rate for last 3 years.
But now if someone takes a fixed interest rate (which is generally very high), they will be disappointed bcos feds are now in rate cutting cycle to prevent recession. Meanwhile, They will be stuck with very high rates.
Flexible Interest rate is best because if your loan is for 10-30 years, You get the best average irrespective of the economic condition.
You are right dear. But I said to take fixed for atleast first 3 to 4 years. When I was getting loan 2 years back, rates were increasing each month and hence it was the best option. Mostly rates always increases, hence it is a general consensus. From next year I will end up paying floating only.
Excellent 👍
Glad you liked it 😊
What about financing property on islamic finance(no interest) ?
Islamic finance is similar to bank loan only. You have to pay emi and there will be rate of interest. I am having Islamic finance only
Best video information
Thnx dear 😇
Bank loan takes interest first or interest + principal amounts together in EMI?
It's both, interest is more in initial years
Hi , I am actually having a thought of buying property in Dubai , but have lots of hesitation. Do you do consultations or guidance for this ? How can I contact you ?
Yes we do, please msg us using the link in description.
can we buy property based on agent only while sitting in India?
Yes definitely
@@IndiansAbroad can you suggest a good one?
Can we buy a plot & build our own villa ??
Yes you can 😊
@IndiansAbroad thank u for the reply.
Tour of Burj Khalifa video
Sure 👍
Please fast
Sir im beptise sikh (kirpan wearing)so plz tell me its allowed a betised sikh to wear kirpan and doing jobs in dubai bcoz i m planing to move to dubai from india
100% u can do that
@RashmiSingh-d4t thanks a lot 🙏🏻
😍😍😍😍
Hello..
Hi
Hi
Hi
Almost third party ka promotion kiya apne lekin. Yeh sab adviser aap khood use nahi kiye so ek middle class person q third party advisor ko hire karega aap soche.
If we were promoting thne we would have given name of company. We hv used mortgage advisors ourselves.
@@IndiansAbroad therefore I told if someone is middle class buyer how can afford this third party services.