There are different rules in the various parts of the UAE regarding security deposit refunds. Dubai and Abu Dhabi have different sets of rules that go hand in hand with the type of disputes and their solutions. One of the most challenging issues is regarding the recovery of Security deposit refunds. It is quite tough to recover security deposits from the landlord. For instance when a tenant decides to leave or vacate a house or apartment, the recovery of security deposits is a daunting task to resolve. In the years post-pandemic, the UAE has experienced a skyrocketing increase in rents. Most particularly in Dubai and Abu Dhabi, there has been a sharp rise in rent. As a result, the security deposits have also increased.
Tenants want security to be refunded:
Approximately, 5 percent to 10 percent is taken as a security deposit at the time of renting out a house or an apartment. This usually means that a security deposit can go up to AED 10,000. Money does not come easy. Tenants often expect to get back the security deposits once they move out. Unfortunately, there are many instances where the landlord retains the security deposits. They refuse to give back the cash to the tenants. Normally, it is retained with the excuse of covering the cost of repairs, wear and tear, and home maintenance. It is done to prepare it for rental purposes by utilizing the security deposit funds. Although it is an unreasonable and inappropriate step, landlords conveniently practice it.
Rent Dispute Center of Dubai:
The hard-earned money of tenants must not go in vain. This may assist them to recover the security deposit refunds and also guide them to remain hopeful. The Rental Dispute Center of Dubai is a recognized authority of the city that handles all the disagreements and disputes between the landlord and tenants. Similarly, in Abu Dhabi, the Rent Dispute Settlement Committee is the one that takes care of all disputes and disagreements among tenants and landlords.
Legal Proceedings:
Both the authorities are responsible for taking up a variety of problems and issues to fairly and justly resolve in a timely manner. Moreover, they also suggest and take action to resolve the problems. This option is economical and less lengthy than a court case. It is suggested to take up this root in order to avoid the expensive and long-lasting court legal proceedings.
Consult the Lawyers in UAE
In case, any party is unaware or not similar to the contract addendums or terms and conditions, this may become problematic. It requires special attention. It is advisable to seek guidance from a knowledgeable lawyer in the UAE. Consult the lawyers in the UAE to understand the tenancy contract and get the proper information before signing it up.
Well-versed Lawyers
Furthermore, the well-versed lawyer will also communicate with the official body including RERA or other regulatory bodies to ensure the legality and compliance to any clause or addendums. Additionally, the lawyer in the UAE may require some shreds of evidence and documents to ensure the ownership of the property or being a tenant. Take up copies of the contract or video evidence to prove the state of the property while accepting the keys to the home or apartment. Lawyers in UAE e.g. lawyers in Abu Dhabi and lawyers in Dubai etc.
In case there are any flaws they can easily be reported to the managing real estate agent or landlord with proper evidence. Besides, it can be attached with photographic evidence as proof. It is always suggested to keep the written proofs of all the records of the maintenance. Rectifying issues must be adequately written and recorded in writing. Additionally, it is always a great idea to meet the real estate agent or landlord before agreeing to the repairs and maintenance.
Lastly, also check the follow-up requirements in any discussions. Also communicate with messages, fax, or email so there is a sufficient record of any such agreement. Maintaining good relations between the tenant and landlord is essential. In this way, the dispute can be avoided as the repairs and maintenance are agreed in advance. In case, if a landlord refuses to pay the security deposit refunds the matter can be taken to 5the judicial department. It can be taken within 14 days.