In Dubai, the Ejari online real estate registration system is integrated with the Central Bank's direct debit system, which allows landlords to directly deduct rent from the tenant's account, eliminating the need for checks with a subsequent date.
But one big question for tenants making monthly, quarterly or semi-annual payments is whether they will continue to use their existing payment method.
Real estate brokers and real estate management firms say that landlords and tenants will mutually agree to any methodology that suits both parties. Some industry executives suggest that the new system will lead to a more common practice of monthly or quarterly payments.
According to Better homes, lump-sum payouts are rising as power has shifted to landlords, with an annual increase of 6% in Dubai.
Distance to the sea: 17 kmCompletion year: I quarter, 2029, off-plan 4782+5RX - Dubai - UAE
Mashreq (formerly Sharaf DG)
6000m
Mall of the Emirates
5000m
Umm Al Sheif (formerly First Abu Dhabi Bank)
4500m
Parkwood by Emaar Properties is a new residential development in the prestigious Dubai Hills Estate. The project offers a refined lifestyle, blending modern design with nature’s tranquility. The... Details
1 bedroom
min. 1 716 888 AED
2 bedrooms
min. 2 774 888 AED
3 bedrooms
min. 4 011 888 AED
8 properties from developer8 properties from agencies
This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.