RERA Sale Property Laws

The consistent advancement of the land part in Dubai in the previous decade has definitely changed the city into a present day, urban sanctuary. This has opened up more realty options, finance/mortgage facilities and less demanding enactment methods for purchasing and selling land and property in Dubai. Huge scale real estate development projects, attempted by endorsed developers, have prompted the development of numerous iconic landmarks within the city. It is essential to know the late property laws in regards to possession, purchasing and selling of area and property and rentals. Exceptional laws and decrees are applicable for expatriates managing freehold property zones and different government housing projects and plans have been built up for UAE nationals.

Knowing laws and regulations for sale

The Government of Dubai has united the property laws and regulations with the point of guaranteeing that property investors are guaranteed the most elevated conceivable administration and honesty principles from real estate agencies, agents and property developers executing business in Dubai. Putting a property available for sale in Dubai has now gained ease and convenience. The laws are obviously illustrated for UAE and GCC nationals and non-GCC residents.

Here are the links for RERA laws pertaining to property sale:

Law No. (9) of 2009: Amending Law No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai.

Law No. (13) of 2008: Regulating the Interim Property Register in the Emirate of Dubai.

Law No. (27) of 2007: Concerning Ownership of Jointly Owned Real Property in the Emirate of Dubai.

Law No. (16) of 2007: Establishing the Real Estate Regulatory Agency.

Law No. (8) of 2007: Concerning Escrow Accounts for Real Estate Development in the Emirate of Dubai.

Bylaw No. (85) of 2006: Regulating the Real Estate Brokers Register in the Emirate of Dubai.

Law No. (7) of 2006: Concerning Real Property Registration in the Emirate of Dubai.

Regulation No. (3) of 2006: Determining Areas for Ownership by Non-UAE Nationals of Real Property in the Emirate of Dubai.

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