Unified UAE Legislation Database

Ras Al Khaimah Emiri Decree No 19 of 2016 on Granting a Special Authorization to Own a Freehold Real Estate or to Own any Other Real Estate Rights in the Emirate of Ras Al Khaimah

Status

In force

Issuing Authority

Ruler of Ras Al Khaimah

Effective date

XX.XX.XXXX

Official Link

https://

We, SAUD BIN SAQR BIN MUHAMED Al QASSIMI, Ruler of Ras Al Khaimah,  

- After perusal of constitution of United Arab Emirates;  

- Federal Law No. 8 of 2007 on Financial Free Zones incorporated and established in United Arab Emirates; 

- Cabinet Decision No. 28 of 2007, on Application of Executive Regulation of Federal Law No. 8 of 2004 on Financial free Zones; 

- Ras Al Khaimah Decision No. 20 of 2005 on Freehold of Investment Projects; 

- Ras Al Khaimah Decision No. 7 of 2006

- Ras Al Khaimah Decision No. 12 of 2007

- All other legislations on real estate ownership rights; and 

- As may be dictated by public interest, 

The following Decree has been promulgated: 

 

Article 1 - DEFINITIONS

Equitativa: means Equitativa Real Estate Limited, accompany registered in British Virgin Islands under No. (1438983) and all affiliates and subsidiaries thereto and any other entity to be established and incorporated by Equitativa to manage and administrate any investment real estate portfolio (“Real Estate Portfol...