The implementation of the Jointly Owned Property (Strata) Law in Dubai - .PDF file.
Law No 27 of 2007, concerning ownership of jointly owned property in Dubai (the Strata Law), introduced the concept of ‘strata’ ownership to Dubai. The Strata Law’s core principle is the division of property into privately owned units and jointly owned common areas, which are managed by an owners’ association. This is similar to other strata laws around the world such as those in Australasia.
Carefully considered and drafted Strata laws create a transparent structure for the management of the common areas and facilities and the administration generally of subdivided buildings or developments. This is primarily achieved through the use of an incorporated Owners Association to represent the owners’ collective interest.
The actual regulation and implementation of the Strata Law in Dubai has however resulted in a unique and evolving framework…
If you are registered and logged in to the site, click on the link below to read the rest of the Al Tamimi & Company briefing. If not, please register or sign in with your details below.