DIFC Law No.4 of 2007 (Real Property Law)23-05-2019
REAL PROPERTY LAW
A LAW TO GUARANTEE TITLE TO REAL PROPERTY AND INTERESTS IN REAL PROPERTY IN THE DUBAI INTERNATIONAL FINANCIAL CENTRE, AND FOR RELATED PURPOSES
PART 1 — PRELIMINARY
This Law is the Real Property Law.
2. Legislative authority
This Law is made by the Ruler of Dubai.
3. Application of this Law
This Law applies to real property within the jurisdiction of the DIFC.
4. Background to this Law
(1) On 17 March 2003 His Highness Sheikh Mohamed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, transferred to the DIFC certain real property on which the DIFC was to be situated in accordance with the Federal and Dubai laws to be later enacted to establish the DIFC as a financial free zone within Dubai.
(2) Pursuant to the terms of that transfer, the Authority has sold, or intends to sell or lease, parts of that real property.