Ajman Real Estate Regulatory Agency sets July 1, 2009 as deadline for registration of property developers.
Ajman Real Estate Regulatory Agency (ARRA) has set July 1, 2009 as the deadline for property developers who have not completed the registration procedures with ARRA. It is not enough that a developer submits part of the required documents to ARRA to be a licensed real estate developer. The Amiri decree, as amended, was very clear in this regard, therefore, all property developers who have not completed all the procedures or failed to provide the documents needed for practicing the activity of real estate development in Ajman are advised to take immediate action otherwise, a fine of Dh100,000 per month will be applied against offenders.” Read the rest of this entry »
Dubai Housing and Real Estate Services 