Kippreport gets insights from Mike Belk, CEO and president of Daimler Middle East and LevantMarch 26, 2015 12:02
Strict enforcement of Dubai residential housing fees announced
All residential occupants to begin paying Jan 1.
May 31, 2010 9:31 by Rasha Reslan
The Dubai municipality announced it will step up fee collections from residential unit occupants in Dubai, Emirates Business reported Monday. The effort is expected to reign in around 300,000 residents currently evading payment, a government official was quoted as saying. All occupants of Dubai’s residential units are required to pay 5 percent of their annual rents in fees.
The efforts are expected to net revenues of between AED 500 and 600 million by the end of next year, an authority at Dubai Municipality was quoted as saying.
“There are around 300,000 units that are DEWA consumers, but are not currently paying the housing fee,” an authority from Dubai Electricity and Water Authority, DEWA, was quoted as saying.