Labor Accomodation in Al Quoz is now an increasingly challenging issue for businesses operating in the emirate. With the rental market experiencing an unprecedented boom, many companies are struggling to locate housing that’s both affordable and suited to their needs. This insufficient affordability extends beyond just rental costs, with utility bills also have increased significantly due to higher electricity tariffs and government fees.
This short article can look at some options available for affordable staff accommodation in Dubai at present, before outlining what can be achieved to address this crucial issue in coming years.
Double rent charges
One of the biggest problems facing companies looking to offer accommodation in Dubai may be the impact of double rent charges on employees who already own a property or occupy one furnished by their employer. Emiratis who are eligible for freehold ownership under the UAE constitution must pay rent of 25% of this salary. Expatriates on a long-term contract, in addition to those employed in Free Zones, are exempt from this charge.
In terms of landlords are worried, they will typically charge one month’s rent as a site fee and also require two months’ rent to be paid during the time from when a tenant is handed over until his handover date. In other words, if a company has chosen the choice of furnishing staff housing themselves and placing employees there before moving them into rented accommodation, twice the standard amount of money will have been spent. This is simply not only costly but may damage relationships between workers who resent being put into staff accommodation in this way.
Many companies are now only providing housing to upper-level managers and specialist employees who they anticipate will leave the country within 2 yrs, choosing instead to retain their capital for more urgent purposes. Labor Accomodation in Al Quoz not merely is practical with regards to preserving company cash but also reflects the fact that most employers just cannot compete with private landlords or homeowners as it pertains to salary levels.
Landlords’ Power
The UAE’s rental market established facts across the world, so anyone trying to find the property shouldn’t be surprised at the high costs involved. However, many business leaders remain unacquainted with exactly how much control landlords have over their tenants due to regulations imposed by Dubai Municipality which let them have power over from house design to furniture specifications.
https://serv-hub.com/en/accommodation-management/
https://www.easyfie.com/read-blog/873127_5-things-your-mom-should-have-taught-you-about-superlative-labor-accomodation-in.html
https://www.easyfie.com/read-blog/873129_5-tips-to-start-building-a-superlative-labor-accomodation-in-dip-2022-you-always.html
https://www.easyfie.com/read-blog/873131_7-tips-about-superlative-labor-accomodation-in-dubai-2022-you-can-039-t-afford-t.html
https://www.easyfie.com/read-blog/873133_8-facts-everyone-should-know-about-superlative-labor-accomodation-in-jebel-ali-2.html
https://www.easyfie.com/read-blog/873134_6-things-you-can-learn-from-buddhist-monks-about-superlative-labor-accomodation.html
