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; and
- Dubai Regulation No. 3 of 2006 Determining Areas for Ownership by Non-UAE Nationals of Real Property in the Emirate of Dubai,
Do hereby issue this Regulation.
Article 4 of the above-mentioned Dubai Regulation No. 3 of 2006 is hereby superseded by the following:
A non-UAE national may acquire freehold ownership rights, without time restriction, in the Real Property existing on Plot No. (224), Nad Al Sheba, shown on the plan attached to this Regulation.
Any provision in any other legislation shall be repealed to the extent that it contradicts the provisions of this Regulation.
This Regulation shall be published in the Official Gazette and shall come into force on the day on which it is published.
Mohammed bin Rashid Al Maktoum
Ruler of Dubai
Issued in Dubai on 18 March 2010
Corresponding to 2 Rabi’ al Thani 1431 A.H.