Real Estate Governance in Abu Dhabi Strengthened

The Department of Municipalities and Transport (DMT) has introduced four key administrative decisions to bolster Abu Dhabi's real estate sector, aligning with Law No. (3) of 2015, as amended by Law 2 of 2025. These measures are designed to enhance transparency, strengthen governance, and create a more flexible legislative framework, all while adhering to international best practices.

The decisions focus on critical areas of real estate development and management. These include stricter controls on escrow accounts, particularly regarding withdrawals before a project reaches 20% completion, to safeguard purchaser funds. Clear roles for owners, developers, and management companies in jointly owned properties are also established to ensure sustainable management of shared facilities. Standardized bylaws and operational procedures for owners' committees are introduced to improve governance and community participation.

Furthermore, the package defines fair procedures for off-plan sales cancellations and the resale of units, aiming to balance the rights of both buyers and developers. Rashed Al Omaira, Director General of ADREC, highlighted that these decisions offer adaptable tools to respond to market changes, improve sector efficiency, and boost investor confidence.

Ultimately, these initiatives aim to fortify Abu Dhabi's real estate regulatory environment by introducing integrated controls, improving operational efficiency, and ensuring market transparency. This comprehensive approach safeguards the interests of developers, investors, and property owners, solidifying Abu Dhabi's position as a premier real estate destination.