Addition to property law crucial for sustainability of Dubai's market

Published August 10th, 2006 - 06:50 GMT
Al Bawaba
Al Bawaba

An upcoming addition to the property law is crucial for the sustainability of Dubai's property market, market sources told Gulf News.  The Dubai Land Department claims the condominium law will define the rights and responsibilities of property owners towards common hold land in freehold developments.

 

AUAE Strata Global, a community title management company, warns that disputes between owners and developers over maintenance and service of common land will continue unless the law addresses the legal rights of owners' associations, the role of the developer after handover, and payment of service charges.