Developer registration requirements in UAE
The UAE has witnessed an exponential growth in the development of building and infrastructure projects over the past decade. New communities have developed across the UAE for residential, commercial and leisure purposes. Although construction of certain projects was placed on hold or cancelled as a result of the global financial crisis, recent announcements of further ‘mega’ projects in Dubai and continuing development in other areas show a clear revival of the property market generally in the UAE. The general sentiment amongst developers is to recommence construction activities and to strive forward with completion of stalled projects and the development of new ones.
Given the recent impetus on development, and following various legislative and regulatory changes, we thought it appropriate to focus on the regulatory requirements to register as a developer in the Emirates of Dubai, Abu Dhabi, Ajman, Sharjah and Ras Al Khaimah…
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