FURNISHED Non-FURNISHED
ROi
  • Beach
    Boulevard View
    Canal view
    City
    City view
    Community
    Community view
    Cornich
    Courtyard View
    Emirates Palace
    Entrance View
    Full sea
    Garden view
    Golf course view
    Island View
    Mall View
    Mangrove
    Marina view
    Marina/Sea view
    Park view
    Partial sea view
    Pool
    Saadiyat Island
    Sea view
    Street
    Street view
    Yas Island
  • Basketball court
    BBQ facilities
    Beach Access
    Central A/C system
    Central A/C System
    Central gas
    Central heating
    Children's play area inside
    Children's play area outside
    Childrens Swimming Pool
    Common Washroom
    Community center
    Emergency generator
    Fire Alarm System
    Fire alarm system
    Fire fighting system
    Firefighting System
    Fitness club
    Free Commercial Parking
    Golf course
    Gymnasium
    Gymnasium
    Intercom
    Jacuzzi
    Landscaped gardens
    Marina
    Marina berths
    Media room
    Mosque
    Olympic Swimming Pool
    Parking
    Recreational facilities
    Retail
    Roads
    Sauna
    School
    Sky Pod
    Smart systems
    Squash courts
    Storage
    Swimming pool
    Tennis court
    Visitor parking
  • 24 hour maintenance
    Balcony
    Balcony
    Balcony Sliding Doors
    Breakfast bar
    Built in BBQ
    Built in wardrobes
    Built-in Wardrobe
    CCTV
    Ceiling fan
    Central A/C
    Central A/C
    Central A/C systems
    Ceramic tiles
    Closed Kitchen
    Coffee Machine
    Conventional electric oven
    Conventional gas oven
    Cooking Hood
    Cooking hoods
    Cooking Stove
    Covered car ports
    Data Outlets
    Dishwasher
    Driver Room
    Driver's Room
    Drivers room
    Dry Pantry
    Dryer
    Electric cooking hub
    Electrical Kettle
    Exhaust Systems
    Fire Alarm
    Fire alarm system
    Fireplace
    Fitness club
    Free Satellite
    French doors
    Garbage disposal
    Gas cooking hub
    Granite Counter Tops – Kitchen
    Granite countertops
    Guest Room
    GYM
    Hot Water System
    Insulation
    Jacuzzi
    Kitchen Cabinet
    Kitchen Facilities
    Kitchen Facilities
    Landscaped gardens
    Laundry Room
    Library
    Light Fittings
    Light fittings
    Lighting
    Maids room
    Marble Counter Tops – Bathroom
    Marble flooring
    Marble Flooring
    Marble Vanity Top
    Microwave oven
    Microwave Oven
    Nany Room
    Nursery
    Open Kitchen
    Pantry
    Parquet flooring
    Pay TV Point
    Porcelain Tiles
    Power Outlets
    Private pool
    Recreational facilities
    Refridgerator
    Sat Decoder
    Security Room
    Security systems
    Slate flooring
    Sliding doors
    Smart home technology
    Smart Home Technology (applicable)
    Smoke Alarms
    Split/Unit AC
    Squash courts
    Storage
    Storage
    Study
    Telephone Points
    Terrace
    TV Point
    Utility Room
    Visitor parking
    WalkIn Closet
    Washer Dryer
    Washing Machine
    WIFI
    Wood flooring
Home Property Law Licenses

Abu Dhabi Property Law for 2016

Licensees

Article 5
Chapter 1 - Licensing and its Categories and Conditions

1. No person may carry out any activity as a Developer, Broker, Brokers employee, Auctioneer, Director of owners' union, Evaluator or Surveyor, nor may they introduce themselves in such capacity without a licence issued by the Department.

2. No person that violates the provisions of Clause 1 of this Article, may be entitled to any remuneration, profits or fees for any work conducted thereby. In the event of receiving such amounts, they shall be returned to the customer and who shall be compensated for the value of the remuneration or profit should it be non-refundable in nature.

3. Obtaining a licence according to the provisions of this Article shall not release any person from the obligation to obtain any other licences, permits or approvals required by any other governmental entity to be able to conduct their work.

4. The Executive Regulation shall determine the conditions to be fulfilled by the licence applicants as well as the categories, form and substance of any licence issued according to the provisions of this Law.

5. The licence issued by the Department shall be renewed annually according to the rules, conditions and provisions specified in the Executive Regulation, and the Department may request that the licensees undergo training programs to be specified by the Executive Regulation as a condition to renew the licence.

Article 6 The Code of Conduct
Chapter 2 - Obligations of the Licensees

All licensees shall abide by the provisions of the guideline on the code of conduct and professional ethics issued by the Department pursuant to the provisions of this Law.

Article 7 Rights and Obligations of the Broker

1. The broker shall commit to conclude a written brokerage contract on the form approved by the Department before carrying out any work for the party with whom the contract is concluded, and shall submit such contract to the Department in order to register it in the real estate development register before receiving any amounts from the client, and within a maximum of 15 fifteen days from the date of signing said contract.

2. If the developer agrees with the broker that the latter will be in charge of marketing the real estate development project, in part or in whole, the broker shall deposit the price of the real estate unit of which the sale was mediated thereby in the project escrow account, and may not deposit the amount in his personal account nor may he deduct his commission from the price before depositing the amount in the escrow account. Any agreement to the contrary shall be considered null and void.

3. The broker may not achieve any personal benefit from the amounts deposited in the project escrow account nor may he withdraw any amount from such account unless in the cases approved by the Department.

4. The funds deposited by the broker in the project's escrow account shall not be subject to the procedures of mortgage, attachment, liquidation or bankruptcy or any other procedures to which the broker may be subject as a result of the legal obligations incurred by him.

5. The maximum remuneration or commission to be paid to the broker by the customer shall be determined by a resolution issued by the Chairman from time to time.

6. The broker shall not be entitled to any remuneration or commission for his brokerage service unless such service led to the conclusion of a contract between the parties. The contract shall be considered as having been concluded when both parties agree on all the substantive issues in the contract. The broker shall be entitled to his remuneration once the contract is concluded, even if it was not executed, unless otherwise agreed.

7. If the contracting party appoints more than one broker for the same work, a main brokerage contract shall be concluded with any of these brokers who shall. in their turn, draw a written sub-contract between them according to the form approved by the Department in order to distribute the commission or remuneration consistently with the manner specified in the sub-contract.

8. The broker may not represent more than one party for the same transaction.
By way of exception. two brokers or two employees of a broker at the same office or company may represent more than one party separately for the same transaction provided that:

a. The contracting parties know that the broker or the employee of the broker represents more than one party for the same transaction, and agree on this matter.
b. Each of the contracting parties separately sign with the broker a written brokerage contract.
c. The broker or the employee of the broker shall represent the contracting party in all honesty and independence.

9. The broker may not achieve any personal benefit in any transaction concluded in favour of the contracting party. other than the remuneration or commission due thereto in consideration of the work carried out for the customers pursuant to the brokerage contract. The broker shall keep the contracting party informed concerning all the details of negotiations conducted thereby on the latter1s behalf.

10. The broker shall note down the number of his registration in the Real Estate Register outside his workplace and it shall also appear on all correspondences. advertisements and documents issued thereby as well as business cards and any printouts or material used.

11 . The broker shall keep the registers specified pursuant to the provisions of the Executive Regulation and register all the transactions concluded through him in the real estate development register in the manner specified by the Department.

12. The broker shall serve as a secretary concerning any financial instruments. securities or title deeds received from the contracting party and he shall deliver them according to the terms laid down by said party.

Article 8 Functions of the Evaluator

The Evaluator shall perform his work according to an agreement concluded between him and the contracting party who shall specify the obligations and liabilities of the Evaluator as well as the remuneration due to him for his work. In all cases, his functions shall include the expression of opinion on the value of the real estate or any property rights related thereto, and appraise it according to the adopted basis and standards.

Article 9 Obligations of the Evaluator

1. The Evaluator shall be committed to conclude a written agreement with the contracting party upon conducting any work in the latter1s favour.

2. The Evaluator shall keep a register where all the appraisals conducted thereby are recorded, and should include the following:

a. A description of the real estate being appraised.
b. The value or overall value of the real estate.
c. Statement on the appraisal type adopted.
d. Statement on the method used for the appraisal.
e. Any assumptions related to the appraisal.
f. Any other matters that may be requested by the Department.

3. The Evaluator shall conduct his appraisal with total independence from the contracting party and without any influence from the latter on how to conduct the appraisal or the manner to determine the value of the real estate being appraised.

Article 10 Functions of the Surveyor

The surveyor shall perform his work according to an agreement concluded between him and the contracting party who shall specify the obligations and liabilities of the surveyor as well as the remuneration due to him for his work. In all cases, his functions shall include the determination of the borders and dimensions of any real estate and carry out any surveying work according to the basis and standards specified by the competent authorities, without exceeding the achievement of the objectives of this Law.

Article 11 Obligations of the Surveyor

1 . The surveyor shall be committed to conclude a written agreement with the contracting party upon conducting any surveying work in the latter's favour.

2. The surveyor shall submit all the plans and statements to the competent entities according to the form approved by such entities.

3. The Department may use the plans and statements submitted thereto by the surveyor.

 


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