In the UAE, when applying for Lease Rental Discounting (LRD), tenants can be either individuals or corporate entities, but corporate tenants are generally preferred by lenders. This is because corporate lease agreements typically offer greater financial stability, longer lease durations, and lower risk of default. But it doesn’t mean that individual tenants are disqualified. If the lease agreement with an individual is long-term, registered, and the rental income is consistent and steady, the lender may still consider the application.
