Extend Lease Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Extend Lease Agreement

I need an Extend Lease Agreement for my Dubai commercial office space, extending the current lease for 2 years from March 2025, with a 5% rent increase and updated maintenance terms.

Document background
The Extend Lease Agreement is utilized when parties wish to continue their existing lease arrangement beyond its original termination date. This document is essential in the UAE real estate market, where both federal and emirate-specific laws govern rental relationships. It's commonly used for both commercial and residential properties when both parties agree to extend their rental relationship without creating an entirely new lease. The agreement typically maintains the original lease terms while updating specific elements like duration and possibly rent amounts. It must comply with UAE Federal Law No. 5 of 1985 and relevant emirate-specific regulations, which may include requirements for registration with local authorities (such as RERA in Dubai) and adherence to rent increase caps. The Extend Lease Agreement is particularly valuable when parties want to avoid the complexity of negotiating an entirely new lease while ensuring their continued relationship has proper legal documentation.
Suggested Sections

1. Parties: Identification of the Landlord and Tenant with full legal names and addresses

2. Background: Reference to the original lease agreement, its date, property details, and current expiry date

3. Definitions: Key terms used in the agreement, including 'Original Lease', 'Extension Period', and 'Effective Date'

4. Extension of Term: Specific details of the lease extension period and effective date

5. Rent and Payment Terms: Confirmation of rent amount for the extension period and payment schedule

6. Continuation of Original Terms: Confirmation that all other terms and conditions of the original lease remain in force

7. Representations and Warranties: Statements confirming parties' authority to enter into the extension and that no defaults exist

8. Governing Law and Jurisdiction: Confirmation of UAE law application and relevant emirate jurisdiction

9. Execution: Signature blocks and execution requirements

Optional Sections

1. Amendments to Original Terms: Used when any original lease terms are being modified besides duration and rent

2. Break Clause: Include if parties agree to early termination rights during the extension period

3. Maintenance and Repairs: Include if maintenance responsibilities are being modified from the original lease

4. Security Deposit: Include if there are changes to the security deposit amount or terms

5. Registration Requirements: Include if the extension needs to be registered with relevant authorities (e.g., RERA in Dubai)

Suggested Schedules

1. Schedule 1 - Original Lease: Copy of the original lease agreement

2. Schedule 2 - Property Details: Detailed description of the leased property, including any plans or photographs

3. Schedule 3 - Rent Payment Schedule: Detailed breakdown of rent payments and due dates for the extension period

4. Schedule 4 - Condition Report: Current condition of the property at the time of extension (if required)

5. Schedule 5 - Modified Terms: Detailed list of any modifications to the original lease terms (if applicable)

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Real Estate

Commercial Property

Residential Property

Retail

Office Space

Industrial

Hospitality

Healthcare

Education

Warehousing and Logistics

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Property Management

Asset Management

Leasing

Corporate Services

Administration

Compliance

Contract Management

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Contracts Manager

Real Estate Director

Operations Manager

Asset Manager

Leasing Manager

Corporate Services Manager

Property Administrator

Real Estate Agent

Commercial Manager

Tenant Relations Manager

Compliance Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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