Page 18 - UNION PROPERTIES GENERAL REPORT - April 2024_Neat

UAE: Landlords, developers to bear main cost of

property damages after extreme weather

Homeowners are busy restoring services for the tenants and bringing their
properties back to pre-flood level

by

Waheed Abbas

Published: Wed 24 Apr 2024, 12:40 PM

Last updated: Wed 24 Apr 2024, 10:18 PM

Many tenants in Dubai and Sharjah affected by last week’s extreme weather that led to
water accumulation are being protected from huge losses by companies and landlords.
However, tenants with minor damages are contracting maintenance companies for

repairs.

Dubai’s top developers, Emaar Properties, MAG, Damac Properties, Nakheel, Dubai
Holding, Union Properties and Dubai Investment Park, have offered free services to
tenants affected by the storm.

https://www.khaleejtimes.com/uae/uae-landlords-developers-to-bear-primary-cost-for-property-
damages-after-extreme-weather