I am reviewing the rent on a Doha duplex. Comparable asking rent appears to be around QAR 19,840, while the current tenant pays about QAR 17,370. They pay reliably and take good care of the home.
I do not want to chase the full asking figure only to incur vacancy, refurbishment and reletting costs. Would you propose a smaller adjustment, or leave the rent unchanged in return for renewal certainty? I also want to handle notice and any eventual deposit arrangements correctly under current Qatar rules.
I do not want to chase the full asking figure only to incur vacancy, refurbishment and reletting costs. Would you propose a smaller adjustment, or leave the rent unchanged in return for renewal certainty? I also want to handle notice and any eventual deposit arrangements correctly under current Qatar rules.