Sharjah residents are complaining about harsh financial penalties being imposed by landlords and brokers, in the event of termination of lease contracts ahead of schedule.
Emarat Al Youm newspaper reports that tenants have accused landlords and brokers of imposing additional terms to the lease which cost the tenant approximately Dh10,000 should they seek to end their lease early.
A tenant was quoted as saying: “I rented an apartment in the Al Qasba area and signed the contract, it surprised me to discover additional conditions placed in the contract which makes it difficult for a tenant to leave the unit as most of these conditions are impossible and an attempt to force the tenant to complete the contract.”
However, real estate agencies rejected such allegations and claimed this does not represent most of the property sector in the emirate.
