Law No. (19) of 2005 concerning Real Estate Ownership

Article 1 — The following two texts shall replace the texts of Articles (3) and (4) of the ¶

aforesaid Law No. (19) of 2005:

Article 3 — 1. The right of ownership of real estate shall be limited to the following ¶

categories:
a. Nationals and their equivalent, whether natural or legal persons.
b. Public joint stock companies in which the contribution of non-Nationals
does not exceed 49%.
c. Any person in respect of whom a Crown Prince or Chairman of the
Executive Council Resolution is issued.
2. The non-National natural or legal persons may own and acquire all the
principal or collateral real rights of the properties located within investment
areas, and may dispose them in any manner whatsoever.

Article 4 — Whoever has the right of usufruct or Musataha for more than ten years may ¶

dispose thereof without the permission of the owner, including mortgaging
the same. The owner of the real estate may mortgage the same only after

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obtaining the consent of the owner of usufruct right or Musataha. In both
cases, both parties may agree otherwise.
Article (2)
Any provision contrary to the provisions of this Law shall be repealed.
Article (3)
This Law shall be effective from the date of its issuance and published in the
Official Gazette.
Issued by us in Abu Dhabi
On: 16 April 2019
Corresponding to: 10 Shaaban 1440 Hijri
Khalifa bin Zayed Al Nahyan
Ruler of Abu Dhabi

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