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Rental Price Increase Letter
"I need a Rental Price Increase Letter for my Dubai residential property, notifying the tenant of a 5% rent increase effective March 1, 2025, in compliance with RERA calculator guidelines."
1. Letter Header: Date, recipient's name and address, property address, and reference number if applicable
2. Subject Line: Clear indication that this is a rental increase notification
3. Current Lease Reference: Details of the current lease agreement including start date and current rent amount
4. Rent Increase Notice: Formal notification of the rent increase including the new amount and effective date
5. Legal Basis: Reference to relevant UAE laws and RERA calculator (if in Dubai) justifying the increase
6. Notice Period: Confirmation that the required notice period (typically 90 days) is being provided
7. Closing: Contact information and invitation to discuss if needed
1. Market Analysis: Include when there's a need to justify the increase with local market data and comparables
2. Payment Instructions: Include if payment methods or details are changing along with the rent increase
3. Maintenance Records: Include if improvements or maintenance to the property justify part of the increase
4. Arabic Translation: Include if the tenant prefers communication in Arabic or if required by local regulations
1. RERA Calculation: Printout of the RERA rent calculator results showing allowable increase (for Dubai properties)
2. Rent Comparison Table: Table showing current rent, new rent, and percentage increase with effective dates
3. Property Improvements List: If applicable, list of improvements made to the property during the current lease term
Authors
Real Estate
Property Management
Residential Housing
Commercial Property
Retail
Hospitality
Industrial
Office Space
Mixed-Use Development
Facility Management
Real Estate Operations
Property Management
Leasing
Legal
Asset Management
Tenant Relations
Administrative Support
Facilities Management
Portfolio Management
Document Control
Property Manager
Real Estate Manager
Leasing Manager
Asset Manager
Facility Manager
Real Estate Administrator
Tenant Relations Manager
Legal Counsel
Real Estate Agent
Portfolio Manager
Property Administrator
Lease Administrator
Real Estate Operations Manager
Building Manager
Commercial Property Manager
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