• HSBC

Dubai waits for strata law

  • United Arab Emirates: Saturday, November 07 - 2009 at 13:07

A law that would legalise independent homeowners' associations in Dubai and would allow properties to be managed independently remains pending, The National has reported. Chief executive Peter Crogan of BCS Strata Management Services, a property management firm was quoted saying, 'We had three or four release dates when we thought that it was coming out, and none of us are any the wiser.' No response from Dubai Real Estate Regulatory Agency or Rera has been reported regarding the issue.

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