Direct Debit Mechanism

Direct Debit Mechanism

A New Direct Debit Mechanism Allows Tenants To Agree On Monthly Rent Payments

The Revised Rental Agreement Will Result In Monthly Or Quarterly Payments Becoming Increasingly Prevalent. Dubai has integrated the Central Bank's direct debit system with the Ejari real estate online registration system. Enabling landlords to debit rent straight from the tenant's account and do away with the requirement for post-dated checks. However, a major concern for tenants who make monthly,...

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