Law No. (21) For the Year 2006

We, Mohammad Bin Rashid Al Maktoum, Ruler of Dubai
Having reviewed Federal Civil Transactions Law No. (5) Of 1985 and its amendments and Law No. (7) Of 1997 in relation to Land Registration Fees,
We hereby issue the following law:
Article (1)
Article (4) of Law No. (7) Of 1997 shall be amended to read as follows:

(a) In registration of the sale of immovable assets transactions, the purchaser shall be charged a fee equal to 1% of the sale price and the seller shall be charged 1% of the same amount.

(b) In registration of division of immovable assets transaction, partners shall be charged a fee, consensually or mandatory, calculated based on the value of the joint share each partner owned before the division.

(c) Fees for registration of long term lease contracts, Musataha, separation, endowment (gift), will, mortgage, transfer of debt, family endowment and the registration of heirs shall be collected from the lessee, receiver of Musataha rights, receiver of separation rights, receiver of endowment (gift), successor, mortgagee, debtor, debt transferee, holder of the endowment, registrants as heirs respectively.

(d) In transactions other than those mentioned in points (a), (b) and (c) above, transaction fees shall be collected from the applicant or the party in favour of which the application was filed.

Article (2)

The schedule attached to the above mentioned Land Registration Law shall be replaced with the following:

Article (3)
This Law shall be published in the Official Gazette and shall be effective from the date of its publication.
 
Mohammad Bin Rashid Al Maktoum
Ruler of Dubai
Issued in Dubai on 16 October 2006
Corresponding to 24 Ramadan 1427.

Executive Council Decision No. (24) Of 2006 Approving Some Fees For Real Estate Transactions in the Emirate of Dubai

We, Hamdan Bin Mohammad Bin Rashid Al Maktoum, Chairman of the Executive Council,
Having reviewed Law No. (3) For the Year 2003 in relation to the establishment of the Executive Council of the Emirate of Dubai;
Law No. (7) For the Year 1997 in relation to Land Registration Fees and its Amendments;

Law No. (7) For the Year 2006 in relation to Real Estate Registration in the Emirate of Dubai; and

Law No. (18) For the Year 2006 in relation to the administration and realization of public funds of the Government of Dubai

Hereby resolve as follows:

Article (1)
The Lands and Property Department shall collect by virtue of this decision the fees listed in the following schedule in relation to the transactions listed opposite each fee:

Article (2)
This decision shall be published in the Official Gazette and shall be valid from the date of its publication.

Hamdan Bin Mohammad Bin Rashid Al Maktoum
Chairman of Executive Council
Signature Issued in Dubai on 13 November 2006
Corresponding to 20 Shawal 1427