ADEC issues decree on property rights registration procedures
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ADEC issues decree on property rights registration procedures

ADEC issues decree on property rights registration procedures

The Abu Dhabi Executive Council (ADEC) has issued a decree that defines the framework and general rules related to property rights registration procedures as per the real estate ownership rules of the emirate, Wam has reported. According to the resolution, only UAE citizens or persons and companies to be identified by the Adec will have the right to own properties. Non-UAE natural or juristic persons will enjoy the right to own, buy, sell, rent, mortgage and invest in investment clusters.

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