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Dubai Property Law's

No termination by investors

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“law no 9 came into effect recently and is related to cancellations of all off-plan sale contracts, regardless of when the contract was signed, making the amendment retroactive….”
 
dubai: buyers cannot terminate contracts under law no 9 of 2009, legal experts say.

the only ways an investor can terminate a contract is to go through the court and present a strong case for termination or to go to dubai's real estate regulatory authority (rera) and request the project be cancelled.


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MORTGAGE LAW

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on august 19, 2008, dubai law no. (14) of 2008 was issued and will become effective 60 days after it is published in the official gazette.
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TENANCY LAWS

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dubai law no. (26) of 2007 requires tenancy contracts to be in writing and registered with the real estate regulatory agency.
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STRATA LAWS

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dubai law no. (27) of 2007 provides for registration of jointly owned property, which covers 2 concepts of subdivision, namely (i) subdivision within buildings where common areas will be created, and (ii) subdivision within conventional methods of horizontal subdivision of land where common areas will be created. earlier during 2007, the difc passed law no. (5) of 2007, which recognizes that real property may be divided both vertically and horizontally and provides for registration of the strata plan.
 

OFF-PLAN LAWS

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dubai law no. (8) of 2007 was enacted to provide legislative protection to purchasers in off-plan (le., pre-construction) transactions.
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