Ajman establishes real estate regulator
United Arab Emirates: Wednesday, January 07 - 2009 at 09:54
The UAE emirate of Ajman has established a new real estate regulator for its fast-growing property sector. The Ajman government on Tuesday amended a law creating the Ajman Real Estate Regulatory Establishment. The regulator will be tasked with drawing up policies for property projects and commercial buildings, recommending legislation as well as regulating the relations between property developers and buyers, news agency WAM reported.
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Jeff Florian, Senior ReporterWednesday, January 07 - 2009 at 09:54 UAE local time (GMT+4)
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