Amendments to Interim Property Registration law in Dubai set to fortify

The amendments to the Interim Property Registration law in Dubai reflect continuous efforts to complete the legal system that regulates the real estate sector in the emirate, said Sultan Butti bin Mejren, Director-General of Dubai Land Department.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, has issued Law No. (19) of 2017, partially amending Law No. (13) of 2008 on Interim Property Registration in Dubai.

"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 of the pillars of the sector so that we can maintain our leading position, especially when it comes to the protection of rights.

"By issuing this law, His Highness Sheikh Mohammed bin Rashid 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," bin Mejren added.