Share
Home Sector Real Estate Dubai Land Department registers 127 new owners’ committees in the emirate

Dubai Land Department registers 127 new owners’ committees in the emirate

Owners’ committees play a crucial role in enhancing transparency and ensuring real estate sustainability
Dubai Land Department registers 127 new owners’ committees in the emirate
This initiative highlights RERA's commitment to empowering property owners and enhancing community management in Dubai. (Photo Credit: Dubai Land Department)

The Real Estate Regulatory Agency (RERA) at the Dubai Land Department (DLD) has announced the establishment and registration of 127 new owners’ committees throughout the emirate as part of its ongoing initiatives to improve governance and sustainability in the management of jointly owned properties. This initiative highlights RERA’s dedication to empowering property owners and encouraging active involvement in community management, in line with Dubai’s ambitious vision to spearhead the global real estate sector, according to a statement.

RERA has received a substantial number of applications for owners’ committees, with approvals granted based on the established terms and criteria for both current and new committees. This notable interest reflects the increasing enthusiasm among property owners to take an active part in their communities, following RERA’s invitation for all owners of jointly owned properties to register.

These committees serve as an essential platform for improving the quality of life, promoting community well-being, and enhancing resident satisfaction. Registration remains open to all eligible applicants, both individuals and companies; however, each committee is limited to nine members, emphasizing the necessity for early application to secure participation in decision-making processes.

Read more: FTA, Dubai Land Department to enhance tax compliance for real estate, commercial land sales

Distribution of responsibilities and task implementation

Owners’ committees play a crucial role in enhancing transparency and ensuring real estate sustainability. Property management companies will convene with the newly formed committees to elect a chairperson and a vice-chairperson, assign responsibilities, and commence the execution of designated tasks. Notably, these committees are tasked with reviewing budgets, establishing maintenance priorities, and supervising shared services, contributing to the effective management of jointly owned properties.

RERA will oversee the workflow and coordinate between management companies and owners’ committees while keeping abreast of the latest developments to ensure operations run smoothly and efficiently. RERA also reaffirms its commitment to maintaining direct communication with all property owners, whether individuals or companies, inviting them to join the owners’ committees. Applications from individuals will be reviewed and approved directly. For property owners from companies, the application process will continue through property management companies responsible for submitting the requests to RERA for official approval.

Upholding the highest standards of management and regulation in the sector

RERA’s strong commitment to owners’ committees reflects Dubai’s dedication to achieving the highest standards of management and regulation within the real estate sector. These committees are further ideal for driving community collaboration and safeguarding real estate investments. The Authority remains focused on ensuring that these committees effectively promote sustainability and enhance the quality of life for residents across the emirate, which aligns with the directives of visionary leadership to position Dubai as the preferred destination for living and working.

Eligible individual property owners can register for the owners’ committees through DLD’s official website or the Dubai REST app, provided they meet the required conditions. These further include residing in the property, possessing a valid Emirates ID, submitting a Good Conduct Certificate issued by Dubai Police, and settling all outstanding service fees.

These initiatives reaffirm the Dubai Land Department’s commitment to providing a comprehensive regulatory environment that ensures the highest levels of transparency and enhances owners’ participation in managing their properties. This, in turn, supports sustainability and contributes to the realization of Dubai’s vision of developing a thriving and advanced real estate sector.

Related Topics:
The stories on our website are intended for informational purposes only. Those with finance, investment, tax or legal content are not to be taken as financial advice or recommendation. Refer to our full disclaimer policy here.