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UAE's new federal property law soon

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DUBAI — The new federal property law expected to be announced in the next few weeks and Dubai's move to clear doubts about the 'freehold' and 'leasehold' property status will set the stage for future real estate developments.

Published: Tue 13 Sep 2005, 10:11 AM

Updated: Thu 2 Apr 2015, 5:49 PM

  • By
  • Staff Reporter

Dr. Mohammed Raheef Hakmi, Chairman, Armada Group, said: "These regulations will ease investor fears over property rights and set the stage for the sector to grow without much hindrance. But it will depend on the changes in the present regulations and the impact it will have on the market conditions."



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