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According to a report published gulf newsa person from Abu Dhabi Share said he was a tenant of an apartment owned by a real estate agent for about five years. Three years after he moved in, ownership of the apartment was transferred from an individual to a financial company.
As a security deposit, he has paid AED 3,000 (UAE Dirham) to the first owner and he is required to pay an additional AED 2000 to the second owner as this is required. But after he decided to move out of the house, the new owner (financial company) only refunded Dh2,000 on the grounds that “the remaining money has been paid to the previous landlord”.
The man even has a registered tenancy agreement called Tawtheeq In the UAE, he said he paid a total of Dh5,000 as a deposit. He further questioned his rights and questioned how he could get his money back. He added how it could have never been mentioned before, saying, “I renewed my contract with them twice.”
When the news organization queried a law firm, they said the man deserved his full refund and that the financial institution was at fault for not doing so.
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