Our one-year apartment lease was up for renewal and was subject to the new rent cap laws put in place by His Highness Sheikh Mohammed. Contrary to what we thought, our landlord did not sell his property or move into it which meant we got to renew for one more year. This is very good news because a one-bedroom similar to ours is now going for AED110,000/year!
A reminder to update Picasa
13 years ago
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