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Register your Dubai property before June 30 or face penalties

Register your Dubai property: The Dubai Land Department has set a deadline of June 30, 2015, for registration of all “sold” units in the emirate by property owners and failure to do so will result in penalties, Emirates 24|7 can reveal.

Developers have started to send the notice to all unit owners, asking them to comply with the new rules before June 1, 2015.

“Further to the notification received from the Government of Dubai Land department dated 19/03/2015 concerning “Registration of Real Estate Actions and Rights in Property Registry & Interim Real estate Registration, Payment of fees to the Department” – we seek your urgent action to complete registration of your unit(s) with Dubai Land Department (DLD) before June 1, 2015,” reads the notice sent by a Dubai-bourse listed developer to unit owners……….. Read More