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The Real Estate Regulatory Agency (Rera) has announced that from now on all rental/lease contracts for Dubai properties must be registered through its new Ejari online portal.
The announcement makes powerful the provisions of Law No 26 of 2007 regulating the relationship between tenants and landlords in Dubai and demands all persons and businesses acting as landlords to register tenancy agreements.
Landlords and tenants who fail to comply while using the new ruling will uncover that their tenancy agreements fall outside the protection offered by the law and government agencies and won't be capable to enforce the provisions in the agreements they enter into.
The law clearly states: "Judicial bodies and governmental departments and authorities ought to not look at any claim, situation or execution determined by a tenancy contract unless the same is registered with all the agency."
Announcing the new ruling plus the complete activation of Ejari, its state-of-the-art on the net registration program, Rera referred to as on everyone involved in drawing up and entering into such contracts to make certain entire compliance and avoid violation.
Mohammed bin Hammad, Director with the Real Estate Relations Regulatory Department in Rera, mentioned: "Today's announcement puts in place a crucial mechanism that should go a extended way in direction of stamping out malpractice inside the rental sector. The aim would be to guarantee all lease contracts and the parties to such agreements are registered and also the information recorded. This will lead for the Dubai rental current market getting one of the most transparent and accountable anywhere and, at the end in the day, on the list of very best regulated... At a diverse level, total implementation of Ejari registration will enable the authorities to construct a total and accurate picture of Dubai's rental industry."
Registration via Ejari is really a straightforward method requiring small technical know-how and only the standard specifics of agreements are entered. These include things like info just like particulars on the property, the name on the rental corporation and terms from the agreement. When the agreement is entered into the system and registered, it is allocated a exclusive barcode that acts as its reference throughout the life in the contract.
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Property News 
