Going legal on property owners for late payment of service charges

Property companies say they have no option as fee collections drop by 50% in first-half.

PropertySteven Leckie31 August 2020service fees in Dubai, Dubai service fees, Mollak, RERA, Real Estate Regulatory Authority (RERA) in DubaiComment

Dubai sets new ‘record’ for volume of real estate transactions in past 12 months – report

A total of 44,590 transactions were recorded between November 2018 and November 2019

Business, PropertySteven Leckie24 December 2019Dubai market, Dubai property, Dubai property prices, MollakComment

A new freehold ownership era starts in Dubai

After the handover of projects, developers will have no say in the setting up and running of the homeowners’ associations associated with their handed over projects.

Business, Property, UAE LawsSteven Leckie20 November 2019Dubai’s Common Properties Law No. 6 of 2019., Real Estate Regulatory Authority (RERA) in Dubai, Dubai invest, Dubai property, Mollak, property owners in DubaiComment

Dubai developers no longer allowed to collect service charges from property owners

New Law comes into effect removing developers from setting charges or collecting funds

Business, Property, UAE LawsSteven Leckie18 November 2019Dubai service fees, Common Properties Law No. 6 (2019), Real Estate Regulatory Authority (RERA) in Dubai, RERA, Dubai land department, MollakComment

DLD rolls out electronic system for service fee payments on Dubai properties

'Mollak' system targets co-owned properties in the emirate to ensure transparency and fairness

Business, FAQ, PropertySteven Leckie28 July 2019RERA, Dubai land department, Mollak, service fees in DubaiComment

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