Executive Council Resolution No. (9) of 2019 Concerning the Twentieth Investment Zone in the Emirate of Abu Dhabi
Abu Dhabi Official Gazette, 31 January 2019
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Executive Council Resolution
No. (9) of 2019
Concerning the Twentieth Investment Zone in the
Emirate of Abu Dhabi
The Executive Council has decided the following:
1. Plot No. (P1), (P2), and (C2) the breakwater basin in Abu Dhabi Island
shall be considered among the investment zones in conformity with the
borders specified in the attached map.
2. The Department of Urban Planning and Municipalities shall be entrusted
with laying down the mechanisms and controls required for making sure
that the foreigners do not own more than (50%) of the real estate units.
3. This Resolution shall be effective from the date of its issuance and a report
shall be submitted within two weeks from said date on the latest updates
of implementation to Abu Dhabi Executive Office via a (confidential) email
at the following address: ADEO-Legislation@ecouncil.ae
Issuance Date: 13 January 2019
Corresponding to: 7 Jumada Al-Awwal 1440 Hijri
Dr. Ahmed Mubarak Al Mazrouei
Secretary-General
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