GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate

 
  Share

His Excellency Sultan Butti bin Mejren, Director General of Dubai Land Department 

Dubai, UAE, November 11, 2017:  His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued Law No. (19) of 2017, partially amending Law No. (13) of 2008 on Interim Property Registration in Dubai. The new law reflects our continuous efforts to complete the legal system that regulates our real estate sector.

Such amendments are announced periodically and follow an in-depth assessment of market needs. They reflect the aspirations of all parties in the real estate sector - from developers to investors - to proactively guarantee their rights.

This allows all parties to take the necessary steps while also understanding their true dimensions, and outlines the pillars of the sector so that we can maintain our leading position, especially when it comes to the protection of rights.

Establishing legislation for the real estate sector began with the founding of Dubai Land Department and has since advanced with the launch of the Real Estate Regulatory Authority, protecting the market from external influences that can have a negative impact. As a result, our real estate market has become immune to any major volatility in the world's markets.

By issuing this law, His Highness has reassured all concerned parties in the real estate sector that Dubai will remain an oasis of security and stability. We are required to recognise these initiatives and work to implement them, thus contributing to enhancing transparency and consolidating the foundations of the sustainable renaissance in our Emirate, which accepts no substitute for first place. 



Posted by : GoDubai Editorial Team
Viewed 10669 times
Posted on : Saturday, November 11, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Steelcase Opens New Center in Munich Designed to Propel Global Growth
Next Story : The Rental Increase Calculator is an innovative solution for the real estate market
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Let It Glow
Filorga Launches FLASH-NUDE Collection
Let All Your Photos Be Merry & Bright
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of th...
HP ProBook x360 11 G3 and G4 Education Edition
Chrono 4 Grande Taille - an extra-special timepiece
30 Years of Ryder Cup Heroes Confirmed for the 30th Edition of the Omega Dubai ...
PopSockets launches a new collection with crystals from Swarovski, the must-have...
Maintain Healthy Skin Year Round
Free gold coins at Malabar Gold & Diamonds Festival
MIDO Baroncelli Lady Day & Night collection
American Eagle Is the Go-to Destination for Gifting This Holiday Season'
Golden Mile Galleria's ‘A Cultural Flair' attracts hundreds of art lovers to Pal...
Newby Teas Launches Advent Calendar For Christmas 2018
GAZOO Racing Wins Australia Rally at FIA World Rally Championship
The Interiors Gift Guide with Home and Soul
Tissot Chemin des Tourelles
24 Karat Gold Elixir by Mehrunisa Launches in the UAE Beauty Market
Growth and inclusivity drive Avaya's channel strategy for 2019
Time For Enchanting Moments
Holiday Handbags | GUESS
Get Ready for Party Season with Lottie's new make-up hits
Festive Gift Sets from Bubble T
Interview with Asil Attar, CEO of Al Yasra Fashion
BharatMatrimony launches office in Dubai targeting 2 Million Indians
Holiday Gifting Made Easy with Wet n Wild Beauty Specials
Winter wool Christmas must- haves
Tissot PR100 Lady Sport – Chic Glamourous Festive Season
Michael Kors Collection Transeason 2019 Press Presentation
France Attractiveness Scoreboard 2018 Released
Five-Star Euro NCAP for Jaguar's Electric I-PACE
Global Knowledge Index 2018 and The Future of Knowledge: A Foresight Report shin...
Ring in a dazzling festive season at Ibn Battuta Mall
New 1948 Seamaster Watches Join the Ranks'
UOWD's quality management expert wins ASQ-UAE Quality Professionals Award
Dubai's Most Magical Festive Market Opens at Dubai Festival City Mall
Samsung Galaxy A9 – Designed to capture the world in its fullest
Chinese Manufacturing Companies to Highlight Trade Opportunities in Middle East
Tissot PR100 Lady Sport – Chic Sporty yet Feminine
Dubai Customs wins 3 awards from Ideas UK 2018
Spinneys Dubai 92 Cycle Challenge | Road Closure Timings
FBMA and 47 Emirati women celebrate UAE National Day
New ACH145 Mercedes-Benz Style Cabin Model Highlights First Presence at MEBAA fo...
Jury Announced for Epson's First Ever Win-A-Robot Competition in Europe, The Mid...
Al Hosn Now Open to the Public
Raja Al Gurg is one of Forbes Magazine's 100 most powerful women in the world
Voting on UAE Superbrands 2019 Begins
ICAEW recognises Middle East's best finance professionals
National Hospital offering special UAE National Day Health Package for AED 47th
BMW Group sales increase in October