UAE Civil Transactions Law

Article 782

Book Two: Nominate Contracts · Section Two: Contracts of Usufruct · Chapter One: Lease Contract · Part Six: Certain Types of Leases · Fourth: Endowment Lease Contract

1. The lease of an endowment for less than fair rent is not permissible, and the lessee shall be obligated to complete the fair rent and pay the shortfall for the past period of the contract, and they shall have the option to rescind or accept the rent of the like for the remaining period. 2. The rent of the like shall be assessed by experts, and consideration shall be given to the time the lease contract was concluded, and no regard shall be had to any subsequent change.

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