We, Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council,
After perusal of:
- Law No. 3 of 2003 Establishing the Executive Council of the Emirate of Dubai;
- Law No. 7 of 1997 Concerning Land Registration Fees in the Emirate of Dubai and its amendments;
- Law No. 7 of 2006 Concerning Real Property Registration in the Emirate of Dubai;
- Law No. 8 of 2007 Concerning Escrow Accounts of Real Estate Development in the Emirate of Dubai;
- Law No. 13 of 2008 Regulating the Interim Property Register in the Emirate of Dubai and its amendments; and
- Bylaw No. 85 of 2006 Regulating the Real Estate Brokers Register in the Emirate of Dubai,
Do hereby issue this Decision.
The following words and expressions mentioned in this Decision, will have the meaning ascribed to them in the Law No. 13 of 2008 Regulating the Interim Property Register in the Emirate of Dubai and its amendments (the “Law”).
Where a Master Developer or Sub-developer requests, within the...