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UAE: Revisit visas, but not for real estate’s sake

Posted on 22 November 2010

From Kippreport.com: According to a decree issued by Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai, “non-citizens , including non-GCC citizens, have the right to use property (rent or live in it) or alternatively possess right to rent for a period not exceeding 99 years.”
The decree received much attention this week after the Dubai Court rejected a case on the sharing of a lease on the basis that the disputing parties were not UAE citizens or GCC nationals……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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