New property marketing regulations for real estate agents
Posted: December 19, 2016 | Under: News Local

Dubai Land Department (DLD) is now requiring real estate agents to sign a written agreement in order to market any property. The said contract has to be signed by the property owner and the real estate broker and should allow the latter to market the ... read more

Establishment of a new tribunal to decide on jurisdictional conflicts between Dubai Courts and DIFC Courts
Posted: December 5, 2016 | Under: News Local

On 30th November 2016, a new Dubai Decree no. 19 of 2016 “Concerning the establishment of a Judicial Tribunal for the Dubai Courts and DIFC Courts” was published in the Official Gazette. It was initially issued by the Ruler of Dubai on 09th June 2016. ... read more

New decree allows mortgaging of ‘granted land’ in Dubai
Posted: November 24, 2016 | Under: News Local

‘Granted land’ is defined as property owned by the Dubai government which is given to Emiratis either for residential, commercial or industrial purposes. The holder of this particular type of land cannot sold it but it can be inherited and converted to freehold after payment ... read more

UAE has no plans to tax individuals
Posted: November 2, 2016 | Under: News Local

Governments across the Gulf have been planning fresh ways to raise money as low oil and gas prices open up big deficits in state budgets. In 2018, the six members of the Gulf Cooperation Council plan to introduce value-added tax.
However, according to Younis Al ... read more

First of its kind “Reading Law” in the UAE
Posted: November 1, 2016 | Under: News Local

On October 31st, a new Law has been announced by President Sheikh Khalifa. This new unprecedented law gives employees the right to read during working hours and exempts reading materials from fees and taxes.
Relevant government bodies in the human resources sector must now ... read more

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