Lease Agreement Jafza

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With respect to whether Dubai`s rent laws and other Dubai laws and regulations apply to real estate leased in JAFZ, the Jebel Ali Free Zone Rules, Fourth Edition 2005 (the “JAFZ Rules”), states that Rule 1.6 provides that “local uae decrees, regulations and practices apply within the free zone, unless otherwise provided for in those rules`. The number of sublease agreements is not limited, subject to the approval of the JAFZ authority. Therefore, Act No. (26) of 2007 (Regulation of the Relationship between Landlords and Tenants in the Emirate of Dubai), as amended by Law No. (33) of 2008, applies to all real estate leased within JAFZ, unless the JAFZ Rules do not prescribe otherwise. Whenever a company plans to rent premises within JAFZ, the company must comply with a number of rules and regulations that govern and supplement the terms of the rental agreement and affect the rights and obligations of the tenant. . . .