Changes in dubai laws to benefit investors

According to the Middle Eastern Real Estate Consultants (Merec) the recent changes to the real estate laws in Dubai will help allay any fears investors have when considering buying property in Dubai...

The changes include the establishment of a property court to help solve any real estate problems that may arise as a result of making a purchase and the right to own free hold properties in Dubai following approval from the ruler.

"Nobody approaches a real estate company in the UAE without thinking twice about the paperwork and the legalities involved," Merec stated, noting that it hopes the recent legislative changes will result in a number of individuals making investments in the emirate "without any fears."

Source: Select Property