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Article (2)<br />

Where a Master Developer or Sub-developer requests, within the period stipulated in<br />

paragraph (2) of Article (3) of the Law, the registration of the legal disposition of a Real<br />

Property Unit with the Departm<strong>en</strong>t, it will be deemed that he has complied with the time<br />

period required by the Law, ev<strong>en</strong> if the Departm<strong>en</strong>t fails to complete the registration<br />

procedure within such period.<br />

Article (3)<br />

If the Master Developer or Sub-developer submits a request to register the legal<br />

disposition of the Real Property Unit after expiry of the time period stipulated in paragraph<br />

(2) of Article (3) of the Law, the Departm<strong>en</strong>t must:<br />

1. register the legal disposition in the Interim Property Register; and<br />

2. impose a fine of t<strong>en</strong> thousand Dirhams (AED 10,000.00) on the developer.<br />

Article (4)<br />

The Master Developer or Sub-developer may not comm<strong>en</strong>ce implem<strong>en</strong>tation of the<br />

project or dispose of its Real Property Units by way of Off-plan Sale unless:<br />

1. he has tak<strong>en</strong> possession of the land plot and has received the demarcation certificate;<br />

2. he has actual control over the land plot where the project is proposed to be<br />

constructed; and<br />

3. he has obtained the required approvals from the Compet<strong>en</strong>t Entities to comm<strong>en</strong>ce<br />

implem<strong>en</strong>tation of the project.<br />

Article (5)<br />

1. The Departm<strong>en</strong>t must, whether on its own initiative or upon request by the concerned<br />

parties, indicate in the record of the land plot where a developm<strong>en</strong>t project is to be<br />

constructed that the project is designated as “a developm<strong>en</strong>t project governed by<br />

the provisions of the Law”.<br />

2. The Departm<strong>en</strong>t will remove the designation referred to in the preceding<br />

paragraph upon completion of the developm<strong>en</strong>t project and registration of its<br />

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