How does subleasing of real estate work in the UAE?
Subleasing of real estate in the United Arab Emirates (UAE) is governed by the law and real estate regulations in the country. Here are the main rules to follow for subleasing a property in the UAE:
- Permission from the landlord: Before subleasing a real estate property, you must obtain written permission from the landlord or real estate agency. Subleasing without prior authorization is illegal in the UAE.
- Sublease agreement: Once you have obtained the landlord’s permission, you must draft a sublease agreement. The sublease agreement should include details of the property, the monthly rent amount, the lease term, the obligations and responsibilities of the sub-tenant and the original tenant.
- Rent payment: The sub-tenant must pay the agreed monthly rent directly to the original tenant. The original tenant must then pay the rent to the landlord.
- Taxes and fees: The original tenant is responsible for paying any taxes and fees related to the property, such as municipality tax, maintenance fees, and utility bills. The sub-tenant only needs to pay the agreed rent.
- End of the lease: The sublease term cannot exceed the original lease term. At the end of the sublease period, the sub-tenant must vacate the property. The original tenant must return the property in the same condition as it was received.
It is important to note that subleasing of real estate in the UAE is regulated and rules may vary depending on the emirate and the type of property. It is recommended to review the local real estate regulations and to contact a lawyer or real estate agent for advice on subleasing of real estate in the UAE.