The Rental Dispute Settlement Centre provides arbitration for the settlement of rental disputes between tenants and landlords and is maintained by the Dubai Land Department.
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Posted in OnThe Rental Dispute Settlement Centre provides arbitration for the settlement of rental disputes between tenants and landlords and is maintained by the Dubai Land Department.
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Posted in OnThrough regular publication of the “RERA Rental Index”, Dubai’s real estate regulator RERA provides industry participants with information on market rents depending on a property’s location as well as its size (number of rooms). The statutory rent cap uses the RERA Rental Index as a reference. The RERA Rent Index can be found at www.dubailand.gov.ae.
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Posted in OnTrustee office accredited with the Dubai Land Department to provide registration of real estate transactions outside dubailand premises and opening hours.
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Posted in OnRERA is the regulatory arm of the Dubai Land Department (DLD). RERA supervises and registers project developers, off-plan projects, owners’ associations, escrow agents and tenancies. In addition, RERA oversees other activities within Dubai’s real estate industry.
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Posted in OnService offered to property owners that typically includes lease management, technical maintenance and repair, and accounting services related to the management of a property.
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Posted in OnA register maintained by the Dubai Land Department that lists, among other things, the description and location of a property, as well as the rights attached to it.
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Posted in OnReal estate transactions in Dubai can be carried out by power of attorney. A power of attorney is the official appointment of a third person (attorney-in-fact) by the principal for the purpose of representing the principal in the principal’s absence in the execution of legal transactions. As a result, the proxy obtains the authority to…
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Posted in OnThe Owners`Association maintains, operates and manages all jointly used areas within a jointly owned multi-party property (e.g. apartment building), see also “Common Areas”. In Dubai, the owners’ associations and the service providers (property management companies) commissioned by them are subject to the rules and supervision of the dubailand real estate regulatory authority.
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Posted in OnRegistration system maintained by the Dubai Land Department for the purchase of off-plan properties. Upon registration of the transaction, the buyer receives an Oqood certificate from the Dubai Land Department describing and evidencing the buyer’s legal title in the particular property.
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Posted in OnProperty that is under construction at the time of purchase. In Dubai, a comprehensive legal framework has now been established to protect the interests of buyers when purchasing property under construction. Off-plan purchases can take place between project developers and buyers (primary market) as well as between two buyers (secondary market). When buying from a…
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