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Standard Commercial Lease Agreement
"I need a Standard Commercial Lease Agreement for a retail space in Dubai Mall, UAE, starting March 1, 2025, with specific provisions for retail fit-out works and signage rights for a luxury fashion boutique, including RERA compliance requirements."
1. Parties: Identification of landlord and tenant with full legal names, licenses, and contact details as required by UAE law
2. Background: Context of the lease arrangement and brief description of the property
3. Definitions: Key terms used throughout the agreement, including UAE-specific legal and commercial terms
4. Demised Premises: Detailed description of the leased property including location, size, and permitted use
5. Term and Renewal: Duration of lease, commencement date, and renewal provisions
6. Rent and Payment Terms: Rent amount, payment schedule, security deposit, and method of payment
7. Service Charges: Additional charges for building maintenance, utilities, and common areas
8. Use of Premises: Permitted business activities and restrictions on use
9. Maintenance and Repairs: Responsibilities of landlord and tenant for maintenance and repairs
10. Insurance: Required insurance coverage and responsibilities
11. Assignment and Subletting: Conditions for transferring or subletting the premises
12. Termination: Grounds and procedures for early termination
13. Governing Law and Jurisdiction: Application of UAE law and dispute resolution procedures
1. Fit-out Works: Terms for tenant improvements and modifications, used when premises require initial fitting out
2. Break Clause: Early termination options, included when parties want flexibility to end lease early
3. Force Majeure: Provisions for unforeseen circumstances, particularly relevant post-COVID
4. Trading Name and Signage: Rules for business naming and signage, important for retail premises
5. Environmental Matters: Environmental compliance requirements, needed for industrial or specialized commercial use
6. Guarantees: Personal or corporate guarantees, used when additional security is required
7. VAT Provisions: Special VAT considerations, required if applicable to the lease
1. Property Plan: Detailed floor plan and location maps of the premises
2. Inventory: List of fixtures, fittings, and equipment included in the lease
3. Service Charge Schedule: Breakdown of service charges and calculation method
4. Building Rules and Regulations: Specific rules governing the use of the building and common areas
5. Fit-out Guidelines: Technical specifications and requirements for any tenant improvements
6. Handover Protocol: Condition report and handover procedures
7. EJARI Registration Requirements: Documentation required for mandatory EJARI registration
Authors
Retail
Office Space
Industrial
Warehousing
Food & Beverage
Healthcare
Education
Technology
Professional Services
Manufacturing
Logistics
Entertainment
Legal
Real Estate
Facilities Management
Operations
Finance
Compliance
Risk Management
Property Management
Business Development
Procurement
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Commercial Director
Operations Manager
Business Development Manager
Chief Financial Officer
Compliance Officer
Real Estate Director
Leasing Manager
Asset Manager
Contract Administrator
Risk Manager
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