1. Suite # 1101-02, Tameem House,
Tecom, P.O Box 644933, Dubai, U.A.E.
T +971 4 361 88 39, +971 052 644 29 17
E info@terracasa.ae
W www.terracasa.ae
Complete Rental Solutions
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About
Terra CasaReal Estate
Terra Casa Real Estate's impact on Dubai's real estate market
is largely due to its driving ambition to be "the U.A.E.'s most
customer-centric real estate company". According to its
Directors, "Our aim is to project the company as multi-faceted,
modern and innovative. A complete-solutions company that
will provide its Clients with 6-star service."
Cover Inside Page 1
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The Terra Casa Group started in 2012 backed up with over 10 years of Real Estate experience of its 3 directors
and has grown from a three-man operation to an organization that has sold over AED 300 million in residential
and commercial sales in the financial year ending December 30, 2013.
Terra Casa's large, committed team of multi-lingual consultants are dedicated to every aspect of the real estate
space, ensuring a seamless A-Z service that takes the stress and pressure of buying, renting or selling your
property off of your hands. Going beyond the normal scope of work, we offer our clients access to specialists
REPH certified who have experience with matters that include basic principles of real estate, negotiation,
comparative market analysis, marketing, time management, compliance and, what we consider to be of the most
importance, ethics.
In September 2013, the Terra Casa Group confirmed its plans for expanding its business interests into contracting
and interior fit outs. Several projects have been handed over to satisfied clients ever since. The company intends
to continue to expand into new metropolitan and lifestyle areas.
In March 2014, the company signed an exclusive sales contract with two major developers in Dubai giving it
exclusive rights to sell the 5 upcoming buildings being launched by these developers. This in itself is a major feat
for a year old company.
The directors, Zishan M. Khan, Murtaza Hussain and MohammadYasir Khan, themselves have embraced technology
and recognized the importance of strategically understanding the online market. The company's ongoing
significant financial investment in this space reinforces Terra Casa's vision to offer their 6-star service to Clients
both online and offline. www.terracasa.ae, a highly sophisticated and user-friendly website, is regarded by both
international and domestic users as the most usable and informative website in the property market. In 2014,
Terra Casa intends to develop Dubai's first micro level real estate research and information platform on Facebook,
Twitter and Podcast, allowing buyers to acquire information on the ground level based on their specific
requirements, compare communities and individual units, thus enabling them to take informed decisions.
The company's rise in residential and commercial real estate sales is largely due to the commitment of the entire
team to provide superior Client service and attain the best possible results. The Terra Casa team strives to
consistently deliver accountable results for its clients with total integrity and transparency.
We are enlisted with several International and local banks as preferred real estate consultants and these banks
have trusted us with their customers since 2013. We intend to grow our partnerships with these banks and
expand our banking circle by including other banks and financial service providers.
With the growth of the Real Estate sector in U.A.E., we see this as a great time to grow the brand with high quality
partners who can contribute significantly to the future of our business and deliver the best possible results for
our clients.
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Why Choose
Terra Casa
Real Estate
?
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FOR LANDLORDS
We will also:
Price and Prepare the Property for Rent
Recommend a competitive rental price based
on current market conditions
Recommend and manage repairs and
improvements
Hire qualified and competent contractors
Advertise
Promote your property to the largest possible
rental market
Offer properties to individuals and corporate
tenants
Design and implement a customized marketing
campaign
Prepare a brochure profiling your property with
professional photography
Longer and flexible working hour to maximize
viewing opportunity. Arrange viewings for your
property on days, evenings and weekends
Renting to the wrong tenants can be a nightmare. Don't risk it - let TERRA CASA REAL ESTATE lease
your property, and leave the troubles to us. TERRA CASA REAL ESTATE will find and screen quality
tenants quickly and make sure they're right for you.
Select & Screen Tenants
Screen every applicant
Require applicants to complete our
comprehensive lease application
Check the applicants' credit reports
Check applicants against Landlord/Tenant Court
records
Require written verification of employment
Administer the Lease & Oversee Move-Ins
Prepare a lease with the landlord's rights in
mind
Coordinate move-ins
Perform a thorough move-in inspection
We also offer a competitive range of financial and other
benefits as part of our scheme for landlords.
Why Choose
Terra Casa
Real Estate
?To individual or corporate clients, if you are searching for an apartment/s and or villa/s in freehold or non-
freehold areas, we can help you. We manage various properties in various communities across Dubai and
expanding to Abu Dhabi, Sharjah and even Ajman.
FORTENANTS
The Ease of Your Lease
Finding a suitable home and the entire application
process can be time-consuming and
overwhelming. Not only do our consultants show
you the properties at your convenience but also
help you through each step of the way until you
move into your new home. We have various lease
options to best fit our tenant's needs. Not only do
we protect our owner rights, but also those of the
tenants.
Check Out Our Available Homes Today
Schedule a viewing of one of our available homes
today. Our leasing consultants, will qualify your
needs exactly, coordinate and arrange viewings
from our vast range of available properties and
thoroughly discuss any concerns you may have,
before or after the viewings of desired property.
Attention to detail
When searching for a property to lease, there are
a lot of reasons to work withTerra Casa Real Estate.
It is not just the home that you will be renting, but
the landlord, accounting, and more. We at Terra
Casa are a full service management company that
believes that quality service and attention to detail
keeps our customers happy. We know that there
are a lot of properties on the market for lease and
it takes exceptional service to keep you.
Quality Living with Maintenance Availability
We guarantee very clean, repaired, or refurbished
rentals. When you live in home, issues can arise at
any time of the day or night. Rest assured, when
you need assistance from a member of staff, you
can reach us 24 hours a day. If you have a
maintenance requirement, you can call us no
matter what time it is and we send across
maintenance staff at the earliest.
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DEWA & TELECOM Connections
Your leasing Consultant will get these connections
activated for you from the DEWA and DU/ETISALAT
Office, once they have complete forms and the
relevant payments
Ejari
Is an online registration system initiated by Real
Estate Regulatory Agency (RERA) that requires all
Dubai rental or lease contracts to be recorded at
this portal. The main motive behind this system is
to legalize the otherwise unpleasant relationship
between landlords and tenants in Dubai.
VALUE ADDED SERVICES
Why waste time on run-arounds!
Once the details for your lease are finalized Terra Casa leasing consultants will assist in all services
required for you to move into your new home. Not only will they help you complete all relevant
paperwork but will also make the run on your behalf to required entities
Moving In
If required we provide moving crew most used by
us to help you move without any hassles
Maintenance Services
We offer you this service as an add-on to leasing
fromTerra Casa. In case you have any maintenance
requirement please call us and our consultants will
arrange for maintenance staff to visit your home
at the earliest.
RESIDENTIAL PROPERTIES
Finding a home to rent in Dubai is one of the most important decisions you will make as an expatriate in the
UAE. It will affect your financial status for the whole year since rent here is paid in advance and takes a huge
chunk out of your annual salary. It will also impact your time spent on the road commuting.
THINGS TO KEEP IN MIND
BEFORE RENTING
AWARENESS is key. Tenants and landlords must familiarize themselves with at least three laws covering renting
property in Dubai, to know their rights and responsibilities.
Make sure to read Law No (33) of 2008 that amended Law No (26) of 2007. Both regulate the relationship between
landlords and tenants. Landlords can't increase your rent on a whim according to Decree No (43) of 2013. If he does
so, you can file a case on this or any other dispute with the Rent Committee based on Decree No (26) of 2013.
BROKERS or consultants you are dealing with must be registered with the Real Estate Regulatory Agency (RERA)
within the Dubai Land Department
CONTRACTS of lease must be registered with Ejari (Arabic for 'my rent'). Do not rely on the tenancy contract
(blue sheet) issued by brokers. To register, go to any typing centre with your documentary requirements and
pay Dhs195.
DEPOSITS such as security deposits should be stated both in your blue tenancy contract and in your Ejari. It is
usually the equivalent of four weeks’rent (5% of the annual rental value for unfurnished property & 10% of the
annual rental value for furnished property). It is refundable when you vacate the property less any bills outstanding
and or repair cost to bring the property to almost the initial handover state (basic wear& tear to be kept in
consideration by both and mutually agreed)
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EXERCISE your right. Many tenants simply move out
when their landlords ask for an unjust rent increase.
If your landlord did not give a 90-day advance notice,
then he is not entitled to one. Also, before moving to
another apartment, consider the expense of the whole
process and compare it with the demanded increase
to see which is the better option.
ZONES or areas that fall under the Rent Committee
and the Rent Increase law include the whole emirate,
even free zones. But it does not cover the Dubai
International Financial Centre because it has its own
courts.
RENT DISPUTES SETTLEMENT CENTRE was
established in November 2013 to replace the earlier
Rent Committee by Dubai Municipality. The centre,
however, is still located in the premises of the
municipalityalongBaniyasRoad.Theirregularworking
hours are from 7.30am to 2.30pm on weekdays.
SCHEDULE your hearings at the centre according to
your free time. Be there at least five minutes before
the scheduled hearing as they usually start on time.
If you have work in the morning, you may book your
hearings for the evening sessions from 4.30pm. For
more information, call 800-4488
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EVICTION You may be evicted after your contract
expires, but only if:
the owner wants to demolish or sell the property,
he needs to make comprehensive maintenance,
which makes it impossible for you to stay there,
or
the owner or his first-degree relatives need to
live there.
Note: all these require a notice from a notary public
or registered post 12 months in advance. All evictions
have to have a reason by law, according to RERA.
INCREASE in rent must follow the Rent Index set by
RERA, which is updated quarterly.
KEEP records of all your transactions. Agreements
made verbally are not accepted as evidence in court
in case of disputes.
LANDLORDS have rights, too. They may evict
tenants before their contract expires if the latter
committed specific violations based on Law No (33)
of 2008. These include failing to pay the rent within
30 days after the notice is given to him, subletting
the property without the landlord's written approval,
using it for illegal purposes, damaging the property
and making it unsafe for its users. Early eviction can
also happen if government authorities decide that
the building has to be demolished.
ONLINE SERVICES are available on
www.dubailand.gov.ae and www.ejari.ae. For
example, you may register your tenancy contract
through an online Ejari system, if typing centres are
out of the way. You may follow the eight-step full e-
service process to get your final tenancy contract.
Make sure though that you have soft copies of
required documents on hand. Payment is done
online as well.
POWER OF ATTORNEY is needed in order to
transact with representatives of landlords based
abroad. Also, make sure the power of attorney has
been signed and stamped by Dubai courts.
QUESTION additional conditions at the back of your
blue tenancy contract. If there are clauses that seem
phony, don't agree. Some contracts may contain a
clause stating that the contract serves as a 12-month
advance notice of eviction.This eviction clause goes
against Article 25 of Law No (33) of 2008 and is
therefore not valid.
TENANTS need to have a valid residence visa before
signing a lease contract. If it is still being processed,
they must obtain a letter from their company saying
this.
UTILITY SERVICES such as electricity, water, phone
and internet service can be connected once your
deal is sealed. You may apply online for a Dewa
(Dubai Electricity and Water Authority) connection
or you can visit their office. You will be required to
pay a refundable deposit of Dhs 2,000 for a flat or
Dhs 4,000 if you're renting a villa.
VACATE the property in its original condition.
Tenants have no right to alter or renovate the
property unless the owner agrees. For your own
protection, document how the flat looked like before
moving in so you have a reference for when you
move out.
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Terra Casa consultants are passionate about real
estate and experts in commercial property, we are
well- placed to help you navigate the market and
can offer targeted advice during every stage of either
for sale or lease. Our success as UAE's most
recognized real estate agency speaks for itself in our
ability to deliver results. With access to network of
professionals and an expansive selection of
commercial property, our consultants can help you
achieve your goals successfully and efficiently.
And as a company with over a twenty five years of
experience combined, we know the importance of
location in running a successful business.
Strategically located in Tecom, we have dedicated
ourselves to being accessible to our clients and well-
positioned for all property markets. Terra Casa
consultants are dedicated to helping our clients buy,
rent or sell property in order to suit their commercial
objectives.
WE CAN HELP WITH AND ARE NOT LIMITED TO:
Commercial buildings
Labor camps
Warehouses
Commercial lands
Shopping centers
Commercial villas
Retail spaces
COMMERCIAL PROPERTIES
SELLING YOUR COMMERCIAL PROPERTY WITH
TERRA CASA
Terra Casa is committed to results and will work to
the best of our ability to secure a sale price that
reflects the value of your commercial property. With
strong presence in the market across UAE,Terra Casa
is easily accessible to real estate seekers in any
market.
Our dedication to performance is reflected in our
results - Terra Casa sells roughly two percent
throughout Dubai Emirates. Terra Casa Consultants
draw from a specialised pool of resources and an
expert knowledge base to market your commercial
property and attract potential buyers. We continue
to achieve record prices across the nation and may
be able to do the same for you.
FINDING COMMERCIAL PROPERTY WITH TERRA CASA
Locating the most appropriate commercial real estate can be quite a challenging task, as there are many factors
to consider. Budget, location and price play a large role in buying or renting space for your business and have
the potential to limit your option.
However, with the help of Terra Casa you will be able to expand your selection and increase your chances of
securing the most suitable property for your needs. Our consultants have access to both public and private
listings, as well as exclusive access to new-to-market real estate. With a pool of resources that extends locally
and right across UAE, we are skilled at finding every kind of property in good time.
COMMERCIAL PROPERTY SERVICES YOU CAN COUNT ON
Terra Casa offers a range of services that can assist with your commercial real estate goals, whether you would
like to find the most suitable tenant for your property, expand your market base or entrust someone to look
after your property, Terra Casa can help.
Having great respect for our Clients, we always put you first. Supported by a comprehensive website, convenient
office location and accessible resources, our consultants are well-appointed to answer any questions and offer
advice.With a passion for the real estate market and over a hundred years of experience,Terra Casa is exceedingly
qualified to carry out your property requests we understand the unique demands of owning commercial property,
and will not quit until we know you are satisfied with the final outcome.
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1. RENTAL amount reduces when paying rent in 1
cheque versus multiple cheques
2. RENTAL CAPS: The maximum rent increase
percentage of property units in the Emirate of
Dubai shall be as follows:
a) There should not be 0% rent increase, if the rent
for the real estate unit is up to 10% below the
average similar rent.
b) If the rent value was 11% to 20% less than the
average similar rent; the maximum rent increase
shall be equal to 5% of such value.
c) If the rent value was 21% to 30% less than the
average similar rent; the maximum rent increase
shall be equal to 10% of such value.
d) If the rent value was 31% to 40% less than the
average similar rent; the maximum rent increase
shall be equal to 15% of such value.
e) If the rent value was less than 40% of the average
similar rent; the maximum rent increase shall be
equal to 20% of such value.
DIDYOUKNOW?
3. FAMILIES cannot share a villa in Dubai.
Overcrowding is also prohibited in flats. According
toTrakhees, the regulatory agency that supervises
freehold properties like International City, only
one person per 200 square feet is allowed to
occupy an apartment - or a maximum of three
tenants per studio, five per one-bedroom flat and
seven in a two-bedroom apartment.
4. TENANTS need to have a valid residence visa
before signing a lease contract. If it is still being
processed, they must obtain a letter from their
company saying this. The tenant also has to
accomplish an application for tenancy, provide
copies of his passport and Emirates ID, plus the
cheques for the rent payment.
5. WATCHMEN are not allowed to receive payments
on 'behalf of owners'. They usually keep the keys
to a vacant flat that's up for lease so that anyone
can come and see it.
BUY?
RENT
OR
When it comes down to renting a home, the most
frequently asked question is wether it is worth buying
a home or renting it, even if you're only planning to
live and work here short-term. And now that the city's
real estate market is at its strongest since the credit
crisis, more and more residents are contemplating
whether it's worth taking the leap and redirecting
their annual rent into their own mortgage.
There is no doubt a renewed sense of confidence in
Dubai's property market - in 2013, real estate
transactions in the emirate topped Dhs236 billion, up
from Dhs154 billion in 2012 according to the Dubai
Land Department. With rents rising almost as fast as
property prices in the past year, it's hard not to wonder
if you're throwing money away.
Buying also removes you from being at the mercy of
landlords, who may decide to sell or move into their
property at any point. Many tenants feel very insecure
in that respect, although the laws have tightened.
People are still concerned about having to move
around every year or pay lots more to landlords who
keep pushing their prices up.
With the introduction of the mortgage cap at the end
of 2013, it may take some buyers longer to save for
their deposits, and they may not be able to react as
quickly as they'd like to in the current market.
Pros:
Having your own home
The amount of rental being paid for your
tenanted property can be utilized to serve the
monthly installments of your own property.
No hassles of landlord requesting you to move
out of the house or increasing the rent
Capital appreciation of your asset
Cons:
A long term financial commitment
A substantial equity being blocked
Loss of job or business downturn
Buying suits someone with long-term plans to stay
in the region and to one who wants to invest in their
future here. Of course it may not be financially viable
for everyone, so it isn't always down to preference.
'Invest and buy something if you can afford to. Think
of your long-term versus short-term goals; where you
want to be in your home life and where you see
yourself in the next three to five years.
9. IMPORTANT NUMBERS & WEBSITES
DEWA
In case of emergency - 991
Round the clock contact center - +971 4 6019999
Email - customercare@dewa.gov.ae
Dubai Municipality's Rent Committee
Location: 3rd Floor, Dubai Municipality Building, Baniyas Road, Al Rigga, Deira, Dubai
Telephone: +971 4 2215555
Ejari
Location: 2nd floor, Dubai Land Department Deira - Dubai UAE
Phone: +971 4 203 05 41/542
Email: info@eres.ae
Web Page: www.ejari.ae
Dubai Courts
Location: Oud Metha Road, Um Hurair near Dubai Public Prosecution
Telephone: +971 4 334 77 77
Email: info@dc.gov.ae
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Hi, I'm Aliya
Specialist for Palm Jumeirah
Cell: +971 (55) 733 55 75
Hi, I'm Burhan
Non-Free Hold Sales and
Leasing Residential
Cell: +971 (52) 644 29 19
Hi, I'm Farhan
Specialist for Business Bay
Cell: +971 (55) 735 33 22
Hi, I am Fiza
Specialist for Downtown Dubai
Cell: +971 (55) 735 33 66
Hi, I'm Hammad
Specialist for Dubai Marina Dubai
Marina & Jumeirah Island
Cell: +971 (52) 644 29 14
Hi I'm Michael
Specialist for Discovery Gardens
Cell: +971 (55) 753 40 16
Hi I'm Narine
Specialist for DIFC
Cell: +971 (55) 735 33 44
Hi I'm Fahad
Specialist for Arabian Ranches,
Furjan, Jumeirah Park
Cell: +971 (52) 644 29 13
Hi I'm Ayza
Specialist in JBR & Motor City
Cell: +971 (52) 644 29 15
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Hi I'm Naveen
Specialist for Remraam &
The Villa project
Cell: +971 (55) 735 33 11
Hi I'm Rajesh
Specialist for DSO, IMPZ & Intl. City
Cell: +971 (52) 644 29 11
Hi, I'm Sammi
Specialist for Emirates Living
Cell: +971 (52) 644 29 17
Hi, I'm Fatima Fahad
Specialist for Jumeirah Lake Towers
Cell: +971 (55) 735 33 73
Hi I'm Tony
Specialist for Freehold,
Non Freehold and Leasehold
Cell: +971 (55) 735 33 75
Hi I'm Umair
Specialist in JVC & JVT
Cell: +971 (52) 644 29 12
Hi I'm Vinita
Specialist for Dubai Sports City
Cell: +971 (52) 644 29 16
Hi I'm Ajo
Specialist in
Commercial Properties.
Cell: +971 (55) 733 55 37
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