The Implementation of the Jointly Owned Property (Strata) law in Dubai
Analysis
The Strata Law's core principle is the division of property into privately owned units and jointly owned common areas, which are managed by an Owners Association. This is similar to other strata laws around the world such as those in Australasia.
Carefully considered and drafted Strata laws create a transparent structure for the management of the common areas and facilities and the administration generally of subdivided buildings or developments. This is primarily achieved through the use of an incorporated Owners Association to represent the owners' collective interest.
The actual regulation and implementation of the Strata Law in Dubai has however resulted in a unique and evolving framework.
The implementing regulations to the Strata Law
In April 2010, the Implementing Regulations to the Strata Law were issued as “Directions” rather than “Regulations”.
In simple terms, the Directions regulate the following:
• the licensing and duties of surveyors and survey plans specifications;