The real estate industry has welcomed the new law by Sheikh Dr Sultan bin Muhammad Al Qasimi, Ruler of Sharjah and Member of the Supreme Council. According to this new law, all landlords have to ratify rental contracts within 15 days of issuance. However, agricultural land, residential properties granted by the Sharjah government, and company housing provided by an employer are among the few types of properties that are exempt from this new regulation.
Other exemptions include “properties belonging to hotel or tourist facilities rented to their guests only, properties located within the free zones in the emirate, which have special committees or judicial bodies specialized in resolving rental disputes that arise within their borders, and properties and contracts specified by a decision issued by the Executive Council of the Emirate of Sharjah.”
Industry Perspective on Property Leasing Law In Sharjah
Opinions within the real estate industry are in favor of this initiative.
Ahmed Alkhoshaibi, Group CEO of Arada, says, “We welcome these new property leasing regulations, which create a fair, well-regulated rental market by clarifying obligations and ensuring accountability for both landlords and tenants. This balanced framework supports long-term growth, strengthens stability, and increases trust in the local real estate market. This regulation will boost Sharjah’s appeal as a key investment destination, enhancing its attractiveness to end-users and reinforcing its position as one of the region’s most stable and diversified economies.”
Echoing a similar sentiment, Yousir Habib, Associate, Cavendish Maxwel, says that this new regulation will bring increased transparency and protect tenants’ rights.
“The move by Sharjah is positive news for the real estate market, bringing increased transparency, protecting tenants’ rights, and enhancing the investment environment. While some elements of the law are already followed by landlords and tenants, the new, official rules mean a clear, standard procedure that landlords are legally obligated to adhere to.”
