Creating an Effective Owners Association
Analysis
In brief:
JOP Law enables owners of property in Dubai to directly manage their communities.
Effective transition from developer to an Owners Association can be assisted by having an organised Owners Association and following JOP Law and JOP Directions accurately.
Furthermore, an effective Owners Association is facilitated by following our suggested tips.
Dubai Law No. 27/2007 relating to Jointly Owned Property (JOP Law) introduced into the Dubai real estate market the concept of shared management by owners of common areas and facilities within residential and commercial communities. The continued refinement of the JOP Law over the past 12 months, through the issuance of its associated Directions (JOP Directions), has provided owners with further practical opportunities to become involved in such management and, from what we have observed in the market, an increasing number of owners now wish to take over the direct management of their communities.