Unified UAE Legislation Database

Dubai Decision No. 18 of 2019 Adding Land to the Areas for Ownership by Non-UAE Nationals of Real Property in the Emirate of Dubai

Status

In force

Issuing Authority

Ruler of Dubai

Effective date

XX.XX.XXXX

Official Link

https://

We, Mohammed bin Rashid Al Maktoum, Ruler of Dubai,
After perusal of:

- Dubai Law No. 7 of 2006 Concerning Real Property Registration in the Emirate of Dubai;

- Dubai Law No. 9 of 2015 Concerning the Dubai World Trade Centre;

- Dubai Decree No. 29 of 2019 Amalgamating Land Plots into the Dubai World Trade Centre; and

- Dubai Regulation No. 3 of 2006 Determining Areas for Ownership by Non-UAE Nationals of Real Property in the Emirate of Dubai and its amendments,

Do hereby issue this Decision:

 

Article 1 — Ownership, Usufruct, and Long-term Lease Rights

A non-UAE national may acquire freehold ownership rights, without time restriction, and usufruct and lease rights for up to ninety-nine (99) years, in the land and Real Property Units existing in the following land plots, whose boundaries and areas are demarcated on the plans attached to this Decision:

- Plot No. (69), Trade Centre Second;

- Plot No. (120), Zaabeel Second;

- Plot No. (121), Zaabeel Second; and

- Plot No. (122), Zaabeel Second.

 

Article 2 — Publication and Commencement 

This Decision shall...