New Property Law

New draft law calls for rent freeze for first three years in Dubai

A new draft rental law has proposed that apartment rents should be fixed for a period of three years, according to local media reports.

According to the Arabic-language Emarat Al Youm newspaper, a newly proposed draft rental law also stipulates that a residence’s owner and his representatives cannot receive commissions or other fees to be used for administrative costs associated with signing or renewing a contract.

The draft law – which has yet to be approved by Dubai’s supreme legislation committee – also clarifies that the rent cannot be increased for the first three years, under any circumstances.

The Emarat Al Youm story noted that “the increase in the rental allowance, if any, after the expiry of the [three year] period shall be at the average wage.”

Client Focused. Results Driven

Browse Properties

Let's keep in touch

Subscribe to our newsletters and be the first to know about exclusive deals, property price trends and real estate news in the UAE.

By clicking subscribe, you agree to Our Terms of Use and Privacy Policy