New Tenancy Contract Dubai 2019 Pdf
New Tenancy Contract Dubai 2019 PDF: Everything You Need to Know
Dubai is a popular destination for expatriates from all over the world. With its luxurious lifestyle, tax-free income, and growing economy, it has become a prime location for many to settle down in. However, before you can fully enjoy the perks of living in Dubai, you need to have a tenancy contract in place.
Recently, the Dubai government has introduced a new tenancy contract, which became effective on March 2019. In this article, we will discuss everything you need to know about the new tenancy contract Dubai 2019 PDF.
What’s New in the Dubai Tenancy Contract 2019?
The new tenancy contract Dubai 2019 PDF has brought significant changes in the regulations used to govern lease agreements. One of the most significant changes is that the Dubai tenancy law now provides more protection for tenants.
The 2019 tenancy contract now explicitly states that landlords cannot increase the rent during the contract term. Also, they cannot ask tenants to vacate the property without prior notice and a valid reason. Landlords who fail to comply with these new regulations are subject to fines and penalties.
The new tenancy contract Dubai 2019 PDF also requires landlords to return the security deposit to the tenant within a maximum of 14 days after the tenant vacates the property. This is an improvement from the previous law, which merely stated that the deposit must be returned within a “reasonable” timeframe.
Another new feature of the 2019 tenancy contract is that landlords are required to carry out necessary maintenance work on the property. They must ensure that the property is in good condition and that any necessary repairs are carried out promptly. This is an essential provision that aims to protect tenants from living in uninhabitable conditions.
Understanding the Terms of the Dubai Tenancy Contract 2019
The new tenancy contract Dubai 2019 PDF has a total of 13 terms that are designed to protect both the tenant and the landlord. These terms include the following:
• The names and addresses of both the landlord and tenant
• The property’s description, including the location, size, and purpose
• The lease term and rent amount
• The purpose of the lease – whether for residential or commercial use
• The mode of payment and the due date of the rent
• The consequences of late rent payment
• The security deposit amount and its refund procedure
• Information about the property’s condition and maintenance responsibilities
• Rules and regulations governing the use of the property
• The consequences of contract breach
• The notice period required before termination of the lease
• The steps to follow in case of dispute resolution
Conclusion
Getting a tenancy contract in Dubai is an essential part of renting property. The new tenancy contract Dubai 2019 PDF has made significant improvements that favor both tenants and landlords. It is important to understand all the terms and conditions of the new contract before signing to avoid any misunderstandings or conflicts in the future.
As a tenant, it is important to ensure that you fully understand your rights and responsibilities outlined in the Dubai tenancy contract 2019. This will help you enjoy your rented property without any worries or complications.
