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Tuesday February 7th 2012

Terms set for scrapping Dubai real estate projects


Executive Council hands power to Land Department to cancel developments and offer mediation.
Dubai Executive Council’s decree No6 of 2010 has formally empowered the Land Department of Dubai to cancel projects on the basis of a technical report and offer mediation service for disputes, according to Hadef and Partners.

The law firm, in a legal update that claimed it has reviewed a copy of the regulation, said yesterday the decree dealing with the executive regulations of Law No13 of 2008 (regulations) has now been signed and “is awaiting formal publication in the official gazette”.[Read More]

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