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Find out moreThis comprehensive guide is designed to help you navigate the intricate landscape of family business and private wealth in the Middle East, where family businesses constitute approximately 60% of GDP and employ 80% of the workforce in the GCC, offering unparalleled opportunities for wealth creation and preservation.
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Read NowDIFC Law No. 1 of 2020 and Leasing Regulations (“Leasing Law”) has recently been issued by the Dubai International Financial Centre (“DIFC”), to come into force on 14 January 2020.
The Leasing Law was foreshadowed by the Real Property Law (DIFC Law No. 10 of 2018), which amended the regime for the registration of leases with the Registrar of Real Property, but dealt with very limited aspects of leasing. This Leasing Law now supplements the existing Real Property Law and provides clarification to lessors and lessees of properties in the DIFC on their respective rights and obligations.
In particular, the Leasing Law sets out:
Al Tamimi & Company can provide advice on all aspects of the Leasing Law, including:
Tara Marlow
Partner, Head of Real Estate, Hotels & Leisure
t.marlow@tamimi.com
Mohammed Kawasmi
Partner,
Real Estate
m.kawasmi@tamimi.com
Rita Jaballah
Partner, Head of International Litigation Group
r.jaballah@tamimi.com
Peter Wood
Senior Counsel, International Litigation Group
p.wood@tamimi.com
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