Decree
No. (33) of 2019
Establishing
the
Supreme
Real Property Planning Committee in the Emirate of Dubai[1]
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We, Mohammed bin Rashid Al Maktoum, Ruler of Dubai,
After perusal of:
Law
No. (5) of 1995 Establishing the Department of Finance;
Law
No. (7) of 2006 Concerning Real Property Registration in the Emirate of Dubai
and its amendments;
Law
No. (8) of 2007 Concerning Escrow Accounts for Real Property Developments in
the Emirate of Dubai; and
Law
No. (13) of 2008 Regulating the Interim Real Property Register in the Emirate
of Dubai, its amendments, and its Implementing Bylaw,
Do
hereby issue this Decree.
The
following words and expressions, wherever mentioned in this Decree, will have
the meaning indicated opposite each of them unless the context implies
otherwise:
|
Emirate: |
The Emirate of Dubai. |
|
Ruler: |
His Highness the Ruler of Dubai. |
|
Government: |
The Government of Dubai. |
|
Government Entity: |
Any of the Government departments; public agencies
and corporations; councils; authorities, including the authorities
supervising Special Development Zones and free zones, such as the Dubai
International Financial Centre; or other
entities affiliated to the Government. |
|
SRPPC: |
The Supreme Real Property Planning Committee in the
Emirate of Dubai established pursuant to this Decree. |
|
Chairman: |
The chairman of the SRPPC. |
a. Pursuant to this
Decree, a supreme committee named the “Supreme Real Property Planning Committee
in the Emirate of Dubai” is established under the chairmanship of His Highness
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai;
and with the membership of representatives from the concerned Government
Entities and Real Property Developers in the Emirate.
b. Members of the
SRPPC will be nominated pursuant to a resolution of the Chairman.
The
SRPPC aims to:
1. act as a supreme reference authority that plans Real Property projects in the Emirate in an efficient manner;
2. promote an
attractive and competitive environment for Real Property investment in the
Emirate;
3. provide a safe
environment for the private sector to invest in Real Property;
4. strike a balance
between offer and demand in the Real Property sector; and
5. contribute to
providing the required protection and stability for the Real Property market in
the Emirate.
For
the purpose of achieving its objectives, the SRPPC will have the duties and
powers to:
1. approve, and supervise the implementation of, the general policy and strategic plan of the Real Property sector and Real Property projects in the Emirate;
2. establish the
rules, regulations, conditions, and procedures
that encourage the private sector to invest in the Real Property sector;
3. establish
coordination frameworks for Real Property Developers in the Emirate with a view
to achieving balance within the Real Property sector;
4. evaluate future
Real Property projects in order to avoid duplication of Real Property
projects, meet the needs of the Real Property market in terms of Real Property
projects, and develop new outstanding and innovative
Real Property projects that add value to the national economy;
5. assess the current
situation of the Real Property projects and
Real Property sector in the Emirate; and issue the necessary decisions in this
respect;
6. form
sub-committees and work teams to assist it in performing its duties and
achieving its objectives; and determine the duties, powers, and tenures
of these sub-committees and work teams;
7. seek assistance
from experts and specialists, as it deems appropriate,
whether or not they are employees of the Government or Government Entities; and invite them to attend its meetings without
having the right to
vote in its deliberations; and
8. exercise any other
duties or powers deemed by the SRPPC as required to
achieve its objectives, or assigned to it by
the Ruler.
a. The concerned
Government Entities may not permit, authorise, or approve any Real Property
project being developed by a Real Property Developer who is fully or partially
owned by the Government or by a Government Entity without first obtaining the
approval of the SRPPC.
b. The SRPPC will
approve the Real Property projects referred to in paragraph (a) of this Article
subject to the rules, requirements, and procedures adopted
by it
in this respect.
The
SRPPC will convene at the invitation of its Chairman at the time and place
determined by the Chairman, and will pass its resolutions unanimously or by
majority vote of its members.
A
rapporteur will be appointed to the SRPPC by the Chairman. The rapporteur will
be responsible for sending meeting invitations to members of the SRPPC,
preparing its meeting agendas, recording its minutes of meetings, following up
the implementation of its resolutions and recommendations, and performing any
other duties assigned to him by the Chairman.
The
Department of Finance will provide the financial resources required to enable
the SRPPC to perform the duties and functions assigned to it under this Decree.
a. All Government
Entities must fully cooperate with the SRPPC; and provide it
with all data, statistics, documents, and studies required, or deemed necessary,
by the SRPPC for the performance of the duties and
functions assigned to it under this Decree.
b. All concerned Government Entities must implement the decisions issued by
the SRPPC within the time frames it prescribes, and must submit the relevant
reports to the Chairman.
The
Chairman will issue the resolutions required for the implementation of the
provisions of this Decree.
Any
provision in any other legislation will be repealed to the extent that it
contradicts the provisions of this Decree.
This
Decree comes into force on the day on which it is issued, and will be published
in the Official Gazette.
Mohammed bin Rashid Al Maktoum
Ruler of
Dubai
Issued in Dubai on 5 September 2019
Corresponding to 6 Muharram 1441 A.H.
©2020 The Supreme Legislation Committee in the
Emirate of Dubai
[1]Every effort has been made to produce an
accurate and complete English version of this legislation. However, for the
purpose of its interpretation and application, reference must be made to the
original Arabic text. In case of conflict, the Arabic text will prevail.