Sulja Bros. Building Supplies, Ltd (SLJB)

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Dubai Property Law

Basic rules: Whereas the fundamental principles of buying a home are the same everywhere, property law, and its local interpretation, varies widely between different countries. If you have already explored the possibilities of buying in a foreign country, you will be very aware of how different the local laws can be, compared with your own country.

Dubai status: Property law, like any law, is also a dynamic area; minor (and sometimes major) changes are constantly taking place, even in the most mature of property markets. In the case of Dubai and the UAE, property law is very young and still taking its long-term shape, although the key elements are straightforward to understand.

Suggested approach: Our strong recommendation to you is to seek expert advice, wherever in the world you decide to invest in property. Appoint a reputable legal firm to assist you with the contractual elements of the purchase and consider asking for help from an accredited financial advisor, who can ensure that all of your investments work together, in your best interests. You may also wish to use a property search consultant to locate the ideal home for you and help negotiate its price on your behalf.

http://www.emaar.com/property_buyers_guide/dubaipropertylaw/

many reports indicate Dubai's nascent property laws are just taking shape.



see also:

http://www.ameinfo.com/73116.html

http://www.ameinfo.com/35420.html

http://realestate.theemiratesnetwork.com/articles/freehold_property.php

http://www.propertyworldme.com/content/html/1450.asp

http://www.dubaicityguide.com/specials/index.asp?id=1286

http://archive.gulfnews.com/articles/06/08/10/10058891.html

http://emirateseconomist.blogspot.com/2005/09/dubai-real-estate-property-law.html

http://www.eqarat.com/j2ee/examples/jsp/english/Eqarat/freeholdlaw.jsp