The old calculator said 10% and current calculator says...
The rent for a Three bedrooms Villa in Xxxxxxxxx of 200000 to 240000 AED per year.
Rent is lower by 30% of the average rent for the type of unit you have chosen .
According to the law governing change, your rating category is (form 21% to 30%)
The rate of increase for this category is 10%
Same same. Again, my guy gave us ZERO increase 15 days ago. Local guy who I won't name here yet is well and truly involved in Emaar. Some of these land lords are smart enough to cross reference their required income versus property sitting empty for two, three or more months. Most are not. The bubble will come and pop again. I pick August this year.