Real Estate

Land Department

Strata Law regulations to boost market

Stephen Kelly Emirates Business 247 15.07.2009

The property pulse rate

The National 15.06.2009
Strata Law regulations to boost market

As the Land Department and the Real Estate Regulatory Agency (Rera) put the final touches on implementing regulations to be issued under Law No 27 of 2007 On Ownership of Jointly Owned Properties in the Emirate of Dubai (the Strata Law), it seems an opportune time to reflect on the key features and advantages that a fully operational strata title regime will bring to the Dubai property market.

The property pulse rate

If there is anything people need in the property market in the UAE, it is reliable data. Every week, people are bombarded by different numbers: prices rising, declining, flattening out. Some of it is anecdotal and some is based on actual research. It's hard to keep track of it or to know which data to trust.


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