{"id":10512,"date":"2016-04-12T18:57:22","date_gmt":"2016-04-12T11:57:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=10512"},"modified":"2016-04-12T17:06:39","modified_gmt":"2016-04-12T10:06:39","slug":"abu-dhabi-introduces-3-municipal-fee-on-expat-home-rentals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-introduces-3-municipal-fee-on-expat-home-rentals\/","title":{"rendered":"Abu Dhabi introduces 3% municipal fee on expat home rentals"},"content":{"rendered":"


\n
\nExpats renting their homes in Abu Dhabi will now have to pay a 3 per cent municipal fee on the value of their annual lease. Details of the new charge were published in the February edition of the Official Gazette following a decision by Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi, in his capacity as chairman of the Executive Council amending the regulations and procedures for the registration of tenancy contracts in the emirate. It is effective from the end of February.
\nAccording to the details of the decision, the fee will go towards Tawtheeq and registration costs for tenancy contracts. Emiratis are exempt from the fee.The charge will not be levied directly but will be collected by the Abu Dhabi Water and Electricity Authority via utility bills on a monthly basis unless the tenancy contract stipulates a different payment schedule.”It was just introduced recently. For all the rent, the government will take 3 per cent,” said an official from the Department of Municipal Affairs and Transport.
\n“This percentage, you will find it in your electricity bill. Also, it’s not taken one time. Each month, we will get a portion. It will make it easier for people to pay,” said the department’s executive director of land and property management, Dr Abdulla Al Bloushi. “The new levy would bring Abu Dhabi in line with Dubai, which currently imposes a 5 per cent housing tax through bills issued by the Dubai Water and Electricity Authority every month.
\nmfahy@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Abu Dhabi introduces 3% municipal fee on expat home rentals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Expats renting their homes in Abu Dhabi will now have to pay a 3...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-10512","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2Jy","jetpack-related-posts":[{"id":39635,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-off-the-hook-for-abu-dhabis-three-per-cent-municipality-fee\/","url_meta":{"origin":10512,"position":0},"title":"Homeowners off the hook for Abu Dhabi's three per cent municipality fee","date":"January 5, 2017","format":false,"excerpt":"\r Abu Dhabi's Department of Municipal Affairs and Transport (DMAT) said on Wednesday that the new 3 per cent municipality charge being introduced this month will not apply to homeowners, merely expatriate renters of property.A spokesman confirmed to The National that the fee covers tenancy agreements only, and is directly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28401,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/register-your-abu-dhabi-tenancy-contract-or-you-cant-sue-for-rental-fraud\/","url_meta":{"origin":10512,"position":1},"title":"Register your Abu Dhabi tenancy contract or you can't sue for rental fraud","date":"October 4, 2016","format":false,"excerpt":"\r ABU DHABI \/\/ Prosecutors will no longer accept lawsuits filed by victims of rental fraud if their lease contract is not registered with Abu Dhabi Municipality.The decision will come into force next year and is aimed at decreasing the number of fraud cases involving rented property, said Hassan Al\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22504,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-abu-dhabi-landlord-use-property-agent-to-find-new-tenant-sort-maintenance\/","url_meta":{"origin":10512,"position":2},"title":"Should Abu Dhabi landlord use property agent to find new tenant, sort maintenance?","date":"August 10, 2016","format":false,"excerpt":"\r We own and live in an apartment in Abu Dhabi. When the time comes to leave the UAE we intend to rent out the flat long term, preferably, handling the leasing ourselves and therefore saving the fee we would have to pay to an estate agent. We obviously need\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6502,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-property-buyers-feel-cheated-over-tenancy-extension-clause\/","url_meta":{"origin":10512,"position":3},"title":"Abu Dhabi property buyers 'feel cheated' over tenancy extension clause","date":"March 2, 2016","format":false,"excerpt":"\r \r ABU DHABI \/\/ A group of property buyers say they are struggling financially after they bought flats in Al Reef Downtown without knowing that the existing tenant can stay at current rent rates until 2019.The buyers said they were sold apartments in three Al Reef buildings between 2014\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4285,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-estate-agent-demands-cheque-ahead-of-rental-contract-renewal\/","url_meta":{"origin":10512,"position":4},"title":"Abu Dhabi estate agent demands cheque ahead of rental contract renewal","date":"February 10, 2016","format":false,"excerpt":"\r \r I have been renting an apartment in Al Raha Beach for the past two years. I recently advised my agent that I will renew for another year and requested that they send me the draft contract and Tawtheeq contract so I may review and sign them. The agent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47757,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-tenants-in-limbo-over-tawtheeq-system\/","url_meta":{"origin":10512,"position":5},"title":"Abu Dhabi tenants in limbo over Tawtheeq system","date":"March 13, 2017","format":false,"excerpt":"\r ABU DHABI \/\/ Property agents say they have hundreds of tenants left waiting without power because of a fault in the Tawtheeq housing registration system.More than three weeks after the latest computer system was introduced, residents are still spending up to five hours queuing at the main Abu Dhabi\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10512"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=10512"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10512\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=10512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=10512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=10512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}