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Sharjah Sets Up Department to Accelerate Rent Disputes

  • Publish date: Thursday، 21 November 2024
Sharjah Sets Up Department to Accelerate Rent Disputes

Sharjah has introduced a new enforcement department under its Rental Disputes Centre to ensure smooth processing of judgments related to property rentals. This new move is part of the emirate’s ongoing efforts to simplify and improve the rental process, whether for residential or commercial real estate.

As Sharjah experiences a property development and leasing boom, the government is actively working to update its regulations. Earlier this year, the emirate revised its rental rules to cover all aspects of rental transactions, from contracts to payment procedures, and even lease renewals.

What the New Enforcement Department Does

The new Enforcement Department, which will be supervised by a judge at the Rental Disputes Centre, is responsible for managing how enforcement judgments are carried out. This includes overseeing appeals against enforcement decisions, suspension of enforcement procedures, coercive measures, public auction sales, and outsourcing enforcement services.

These changes are part of a broader initiative by the Sharjah Executive Council to improve the real estate sector's efficiency and transparency. This will ensure faster resolutions to disputes, making the rental process smoother for both landlords and tenants.

Sharjah Sets Up Department to Accelerate Rent Disputes

New Rules for Rental Transactions in Sharjah

In September, Sharjah rolled out a major update to its rental laws, covering all leasing activities across the emirate. The new regulations provide clearer guidelines on rental contracts, payment terms, and the procedures for lease renewals or terminations. One notable rule states that once a new rental agreement is signed, the rent value will remain fixed for two years.

These updated rules aim to protect the interests of both landlords and tenants, ensuring that both parties understand their rights and obligations.

Sharjah Reduces Property Registration Fees

In addition to these legal updates, Sharjah has also made moves to further support its property market. The emirate has slashed registration fees for property transactions, particularly for the upcoming ACRES Real Estate Exhibition next year. For developers, the sale fee is now just 0.5%, while purchase fees have been reduced to 1% for UAE citizens and GCC nationals, and 2% for others.

Sharjah Sets Up Department to Accelerate Rent Disputes

Growing Property Market

Sharjah's property market has been performing well, with strong property and plot transactions taking place each month. In October alone, the emirate generated over AED 4 billion in property transactions, marking the highest monthly total of the year so far.

These changes, combined with the launch of the Enforcement Department, are set to make Sharjah an even more attractive place for real estate investments and rental activities. Whether you’re a tenant or landlord, the new rules and improved systems aim to ensure a hassle-free experience in Sharjah’s booming rental market.

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