The rent law in the UAE has been suspended. Law No. 33 of 2008 regulating the relationship between landlord and tenant, along with its amendments, issued by the Regulatory Authority, has been put on hold. The law had governed key aspects of rental agreements, including contract terms, rent prices, and the rights of both parties. The suspension has caused significant stir in the country's real estate market. Official sources have not yet commented on the reasons for this decision or the timeline for the law's potential reinstatement. Market experts express concern over the uncertainty, which may affect both tenants and property owners.
UAE Suspends Rent Law
The UAE's Regulatory Authority has suspended Law No. 33 on rental relations, causing significant stir in the country's real estate market. The decision has not yet received official comments.