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New decree to regulate ownership of granted land

Latest News Dubai 26 Jul 22
New decree to regulate ownership of granted land
Dubai amends regulations governing grant of title to allotted industrial and commercial land.
Fee
Event Location
Dubai, Dubai
Area
Dubai
Start Time
26 July 2022, 12:00 AM
End Time
31 August 2022, 12:00 AM
Website

Ruler of Dubai has issued Decree No. (25) of 2022 amending some of the articles of Decree No. (4) of 2010 regulating the grant of title to allotted industrial and commercial land in the emirate of Dubai.

The Decree amends Articles (1) and (2) of the original decree. Article (1) outlines the definitions in the decree, while Article (2) covers the ownership of granted land. Decree No. (25) of 2022 is effective from the date of its publication in the Official Gazette.

In accordance with the new text of Article (1) of the Decree, ‘allotted land’ is defined as land plots allocated for industrial or commercial use whose usufruct right is awarded to UAE nationals, including land subject to an order of disposition and allotted land transferred to third parties by way of succession, assignment, donation, or in return for consideration.

The new text of Article (2) of the Decree permits granting the allotted land to the beneficiary at his request on a freehold basis and without any restriction on its use, exploitation, or disposition, provided the allotted land includes the real estate project – either completed or under construction – in accordance with the rules and regulations of the Dubai Land Department.


Dubai decree commercial lands



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