UAE Property: 'My landlord is selling my apartment. Can the new owner make me move out?'
Question: I've rented the same apartment for almost four years and have built up a really good relationship with my landlord. Last week, he told me he's thinking of selling because he feels the market has performed well over the past few years. I'm now worried that if somebody buys the apartment, they'll immediately ask me to move out, even though I'd really like to stay. I've heard so many…
Dear RW from Downtown Dubai, I understand your concerns about being evicted from your apartment upon its sale. Rest assured, this is a common worry, but the legal process ensures minimal disruption. When a tenanted property is sold, the new owner inherits the existing lease. They cannot force you out until after the lease expires.
The only exception is if the buyer intends to move in themselves or a close family member is to occupy it. In such cases, they must follow strict legal procedures, including providing 12 months' notice via notary public or registered mail. If you're comfortable with your current situation, I'd recommend maintaining open communication with your landlord.
You may find that they're marketing the apartment for rental income rather than vacant possession. This conversation could alleviate your fears. As for your investment query, RP from Abu Dhabi, buying two smaller apartments could indeed provide a balanced portfolio. It offers flexibility should one property underperform or take longer to rent.
However, investing in prime locations with strong demand remains a wise strategy. Researching communities' future developments, such as schools, transport improvements, and employment opportunities, is crucial. Ultimately, quality and location are key to successful long-term property investment.
Written by urgent.news from The National UAE's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
