Abdullah Al Shahil, Director of Lease Regulation Management, confirmed that the municipality is working to regulate the rental relationship between landlords and tenants through lease contracts, which, once approved, document the relationship between the two parties, become a recognised document, and guarantee the rights of the parties involved.
He added that to safeguard both parties' rights, the contract value paid by the tenant to the landlord must be equivalent to the value mentioned in the lease contract.
Al Shahil also remarked that Sharjah's rental values help to improve the investment system and offer tenants a variety of alternatives. The rental value varies by location, depending on a variety of requirements and issues.
The Director of Lease Regulation Management said that the municipality has made a rental map available on its website, allowing consumers to get the information they need to make an informed decision when looking for a residence to rent.