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  • 18 Dec 2018Bahrain

    Following the new RERA Law(Bahrain Law No 27/2017 Concerning the Promulgation of the Real Estate Sector Regulation Law), the Bahraini real estate market has become subjected to additional guidelines that are changing the sector as a whole. This includes regulating escrow accounts of development projects, which came in the form of Bahrain Decision No 3/2018 in relation to Escrow Accounts of Off-Plan Sale Projects (Escrow Account Resolution), which was issued by the Real Estate Regulatory Authority (RERA) and Bahrain Decision No 19/2018 on Regulating the Activity of the Escrow Account Agent of Real Estate Development Projects (Escrow Agent Resolution), which was issued by Central Bank of Bahrain (CBB).

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  • 18 Dec 2018Bahrain

    Bahrain Decision No 7/2018 on Regulating Owners Associations and Joint Properties (Decision or Decision No. 7) came into force on 26 September 2018. This law has been eagerly anticipated following the new changes in the real estate sector resulting from the newly setup Real Estate Regulatory Authority (RERA) and the issuance of Bahrain Law No 27/2017 Concerning the Promulgation of the Real Estate Sector Regulation Law (the RERA Law) as it significantly details the operation of owners association and joint properties.

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  • 18 Dec 2018Bahrain

    Since its establishment under Bahrain Law No 27/2017 Concerning the Promulgation of the Real Estate Sector Regulation Law (the RERA Law), the Real Estate Regulatory Authority (RERA), along with other governmental entities, including but not limited to the Survey and Land Registration Bureau (SLRB), have issued numerous laws and decisions concerning regulating the real estate market in the Kingdom of Bahrain. These decisions have detailed the different obligations, rights and responsibilities imposed on the various stakeholders involved in real estate development projects, as well as specifying the different registers that will be available to the public.

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  • 15 Nov 2018Dubai International Financial Centre - Dubai

    Dubai International Financial Centre (DIFC) announced, on 14 November 2018, a new set of real estate laws and regulations:

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  • 05 Nov 2018Abu Dhabi - United Arab Emirates

    Abu Dhabi introduced new rental regulations to settle disputes within a short period of time, and to ensure quick and fair justice to all the parties involved.

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