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Real Estate Briefing - Categorized | Investment, Market Moves more

Abu Dhabi realty on the right track

Posted on 10 December 2010

From Gulfnews.com: Investors need a clear legal framework and confidence in their property rights before they are willing to put their money into the real estate market. The new resolution by General Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, will provide them with that certainty.

The resolution requires that all transactions involving property in the emirate be registered with the relevant department, including long-term leases and financing contracts with banks and other institutions………………………………………..Full Article: Source

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