Global Trade Alert
Global Trade Alert

United Arab Emirates: Some provisions of Abu Dhabi's Real Estate law amended

Announcement

18 Apr 2019

On 18 April 2019, President of the UAE, in his capacity as Ruler of Abu Dhabi, issued amendments on some provisions of Law No. 19/2005 on Real Estate Property allowing foreign investors to own freehold property in designated zones. 

 

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

18 Apr 2019

Revocation date:

No revocation date

Announced: 18 Apr 2019
FDI: Entry and ownership rule In force
On 18 April 2019, Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, in his capacity as Ruler of Abu Dhabi, issued Law no. 13/2019 amending article (3) and (4) of Law No. 19/2005 on Real Estate...
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