This new proposed law will help the relationship between tenants and landlords in Dubai
27 September 2018| Last updated on 27 September 2018
Finding a house to live in Dubai is not complicated but a small percentage of tenants face some trouble with their landlords.
Renting a living space from a landlord is relatively easy in Dubai and lots of house owners are more than welcoming to new tenants – with the exception of some experiences.
However, a new drafted law in Dubai will standardize the relationship between landlords and tenants in the city – it is said to come into effect towards the end of the year.
According to the Secretary General of Supreme Legislation Committee in Dubai, the new law will protect the rights of the landlords and tenants in Dubai and increase real estate competitiveness.
To do so, the law will be classified into four types of properties for the purpose to rent: residential, office, commercial and industrial.
Here’s what you should know about the new drafted law
- 1. Landlords will not be able to increase the rent substantially in residential and commercial properties as the new law will standardize the mechanism – meaning rent increases will be monitored.
- 2. It will also dictate exact circumstances in which a tenant can be evicted with clear legal specifications to eliminate any disputes.
- 3. It will increase transparency and competitiveness in the real estate market.
When will this new law go into action?
Currently, this new law is still being drafted and proposed – but real estate developers, tenants, landlords and government agencies are being consulted to design this law to avoid any possible conflicts.
But it is projected to go into effect by the end of 2018.