Article (4) of Law No. (8) of 2007 mandates that the DLD maintain a Real Property Developers Register. No person is permitted to conduct development activity unless they are recorded in this register and licensed by Competent Entities. To be license…
Article (4) of Law No. (8) of 2007 mandates that the DLD maintain a Real Property Developers Register. No person is permitted to conduct development activity unless they are recorded in this register and licensed by Competent Entities. To be licensed, developers must meet specific requirements prescribed by the authorities. This regulation ensures that only financially and technically vetted entities are allowed to manage construction projects and collect funds from the public.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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