No, the regulations for the Real Property Valuation Profession state that no firm owner is permitted to own more than one firm in the Emirate. This rule is intended to prevent market monopo…
Mechanical systems that serve the building's infrastructure are legally protected as Common Parts. This category includes elevators, water tanks, pipes, and generators. It also encompasses…
Real estate legislation in Dubai requires that all Real Property Unit sale or reservation contracts be translated into Arabic. A developer who fails to provide this mandatory translation is…
To register a family endowment, also known as a Family Waqf, the Land Department collects a fee of AED 2,000 per Real Property involved. This legal process allows an owner to dedicate their…
If two units are amalgamated into one, and only one has an ancillary real right, the entire new unit becomes subject to that right. In this case, the holder's approval for the amalgamation…
A Developer is permitted to hold a seat on the Owners Committee, but only if they still own unsold units within the specific jointly owned real property. In this capacity, the developer is…
One of the strategic objectives of the DLD and RERA is to promote the role of UAE nationals in the real estate sector. They implement programmes and projects specifically designed to encour…
If a broker is engaged by both parties to a deal, the law states that each party is severally liable for their own share of the fees. This remains true even if the parties agree between the…
Every management entity is required to appoint a rapporteur for the Owners Committee. The rapporteur�s specific duty is to prepare the reports and minutes of the committee's meetings. These…
Real Property Valuation is the formal process of estimating the market value of a specific property on a given date for a specific purpose. This estimation is based on factors like location…
A pre-emption right is forfeited if a co-owner fails to agree to the terms of sale within thirty (30) days of receiving a formal notice. This notice must be served through a notary public a…
Yes, the law allows for the pledging of income generated from real property constructed on Granted Commercial or Industrial Land. This pledge is made in favour of licensed banks or financia…