Abu Dhabi introduces new measures to enhance governance in the real estate sector.

Date:

The package improves transparency, safeguards investors, and boosts market efficiency.

The Department of Municipalities and Transport (DMT) has unveiled a set of four administrative decisions to enforce Law No. (3) of 2015, as amended by Law No. 2 of 2025, governing Abu Dhabi’s real estate sector.

These measures are designed to enhance transparency, reinforce governance, and establish a flexible legal framework in line with international best practices.

The decisions focus on essential aspects of real estate development and management, including:

Escrow account controls: Regulating withdrawals before 20% project completion to safeguard purchasers’ funds.

Jointly owned property: Defining clear responsibilities for owners, developers, and management companies to ensure sustainable management of shared facilities.

Owners’ committees: Standardising bylaws and operational procedures to enhance governance and encourage community participation.

Compensation and refunds: Establishing fair procedures for off-plan sales cancellations and resale of units, balancing the rights of buyers and developers.

Rashed Al Omaira, Director General of ADREC, stated that the decisions provide flexible tools to respond to market dynamics, improve sector efficiency, and strengthen investor confidence, positioning Abu Dhabi as a leading real estate hub.

The package bolsters Abu Dhabi’s real estate regulatory framework by introducing integrated controls, enhancing operational efficiency, ensuring market transparency, and protecting the interests of developers, investors, and property owners.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Response Plus Holding reports Dh516 million in revenue for 2025.

The company reported that revenue increased from Dh455 million...

Ras Al Khaimah experiences the UAE’s heaviest rainfall of the season

Yanas Mountain in Ras Al Khaimah leads with 244mm...

How Earth Hour 2026 is Uniting UAE Families for Climate Action

Residents are encouraged to join a dedicated hour of...

UAE Weather Update: Conditions Stabilise After Period of Instability

Officials report stable weather across the UAE after recent...