The wait for the DIFC leasing law is finally over, as the DIFC
issued its first all-encompassing DIFC Leasing Law No. 1 of 2020
(Leasing Law) on 7 January 2020. This article explores what areas
the new law covers, what it says, who it protects and possible
implications.
The new law, which came into effect on 14 January 2020, bridges
the regulatory gap created following the repeal of DIFC Real
Property Law No. 4 of 2007 which contained general leasing
provisions under Part 8, and the implementation of DIFC Real
Property Law No. 10 of 2018, which contains tapered leasing
provisions. The Leasing Law, together with the leasing provisions
set out in DIFC Real Property Law No. 10 of 2018, as well as the
new Leasing Regulations 2020 (Regulations), provides a
comprehensive legal framework regulating landlord and tenant
relationships within the jurisdiction of the DIFC.
