Commercial Property

Our commercial property lawyers are highly experienced in advising and representing landlords and tenants on all aspects of commercial property.

Our Legal Consultants are registered with the UK Solicitors Regulation Authority (SRA) and the Dubai Legal Affairs Department, and are experienced in both the UK and UAE. Based in Dubai, our multi-lingual lawyers will ensure you receive accurate and practical legal advice that is bespoke to your business/property investment portfolio.

Our team understand the nuances of commercial property across all the Emirates and the due diligence required before commercial real estate is leased or purchased.  Our lawyers also have a wealth of experience in advising and representing investors, management companies, and tenants in commercial property disputes.  We have a robust track record of resolving disputes swiftly and cost-effectively, taking the matter off your shoulders so you can concentrate on your business.

Get in touch today to book your complimentary Wills consultation by clicking here with one of our Wills & Estate Inheritance Lawyers. We are happy to help you.

 

What is meant by ‘demise’?

When undertaking a commercial lease, you need to be clear what area of the building or facility is ‘demised’ for your use.  Different types of demises, or premises as they are sometimes known, come with distinct rules relating to the repair and maintenance, servicing, and insurance.

Your commercial lease agreement will set out the demise.  Our lawyers will ensure this is clear and advise you on your rights and responsibilities.

Who is responsible for repairs and maintenance of a commercial property?

Generally, it is the tenant’s responsibility to ensure the demised area they are leasing is repaired and maintained.  However, depending on what is stated in the commercial lease agreement, the landlord may be responsible for electrics, plumbing, and any structural repairs.

If only part of the building is your demise under the lease, the landlord will normally be responsible for common areas, such as stairwells.

How is rent reviewed on commercial property Dubai?

Decree No. 43 of 2013 regulates rent increases in both residential and commercial leases in Dubai.  Any increase in rent must be made in accordance with the following statutory limitations:

  • No increase in the rent value of the real estate unit should its rent be less than 10% of the average standard rent.
  • 5% of the rent value of the real estate unit should its rent be less by a percentage varying between 11% and 20% of the average standard rent.
  • 10% of the rent value of the real estate unit should its rent be less by a percentage varying between 21% and 30% of the average standard rent.
  • 15% of the rent value of the real estate unit should its rent be less by a percentage varying between 31% and 40% of the average standard rent.
  • 20% of the rent value of the real estate unit should its rent be less by a percentage varying between 41% and 50% of the average standard rent.

The standard rent for each neighbourhood is calculated by the government based on rental statistics.

To obtain more information on commercial property purchases and leases, please contact our experienced team:





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