Sharjah rent contract attestation fee doubled

 

Sharjah rent contract attestation fee doubled

Sharjah - Fees of lease agreement documents (of all types) will be Dh100, up from the existing Dh50.

By Web Report

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Published: Tue 19 Jul 2016, 4:01 PM

The Sharjah Municipality has doubled the residential rent contract attesting fee from 2 per cent to 4 per cent of the annual rent from August 1, 2016.
"Pursuant to the Executive Council Decision No 26 of 2016 concerning the modification of the fees schedule of tenancy contract attest in Sharjah, the new fee structure will come into force as of 1/8/2016 to be as follows, residential contract: 4 per cent of annual rent, commercial contracts: 5 per cent of annual rent and investment contracts: 3 per cent of annual rent."
It added that fees of lease agreement documents (of all types) will be Dh100, up from the existing Dh50.


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