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Covid: Dubai store cites losses to end Dh1 3-million contract; case dismissed

Covid: Dubai store cites losses to end Dh1.3-million contract; case dismissed (Agencies file photo) Lawyer argues that the supermarket remained operational during closures enforced by the coronavirus. A holding company has won a legal dispute against a convenience store that sought to terminate a Dh1.3-million annual lease contract, citing financial losses due to Covid-19. The supermarket had on July 20 of last year submitted a application with the Dubai Rental Disputes Centre to terminate a five-year contract expiring this coming July. It also requested that the holding company repay an insurance deposit of Dh62,000; grant permission to obtain a no-liability letter from Dubai Electricity and Water Authority; and hand over a Dh1.3-million-cheque in rent covering the contract’s fifth year.

Dubai store loses bid to end tenancy contract after citing losses due to pandemic

Dubai store loses bid to end tenancy contract after citing losses due to pandemic 08 Mar 2021 Sohaila Ahmed, Staff Reporter A holding company has won its legal dispute against a convenience store that sought to terminate a Dh1.3m-lease-contract citing financial losses due to coronavirus. A claim filed by the supermarket on July 20 last year with the Dubai Rental Disputes Centre requested to terminate a five-year contract that expires this coming July. It also requested that the holding company repays an insurance deposit of Dh62,000, grants a permission to obtain a no-liability letter from Dubai Electricity and Water Authority, and to hand over a Dh1.3m-cheque in rent covering the contract’s fifth year.

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