Government granted property resale by UAE nationals

GOVERNMENT GRANTED PROPERTY RESALE BY UAE NATIONALS

HIGHLIGHTS:

 

  1. This law is mainly applicable only in case of resale of government allotted properties to UAE nationals, by their legal heirs.
  2. As per this decree Sales of Residential Properties by heirs shall be governed by the provisions, procedures, controls and terms stated in this Decree.
  3. In order for the legal heirs or legal representative to do a sale of the Property they need to approach DLD with all requirement and procedures required by relevant departments.
  4. Once legal heirs approach DLD, DLD will enquire with other relevant and related authorities and study the case in detail.

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