As of 2024, several key updates and regulations shape Dubai’s real estate sector:

1. Property Ownership: Foreign nationals can purchase properties in designated freehold areas, according to Law No. 7 of 2006. However, this ownership is limited to specific areas set by the Dubai government​.
2. Rental Property Laws: Dubai’s rental laws protect tenants by mandating a minimum one-year lease, with rent increases only allowed upon contract renewal, capped at 15%. Disputes between tenants and landlords are handled by RERA.
3. Strata Law: This law governs multi-unit properties like apartments and townhouses, focusing on the division of private units and shared spaces. It establishes owners’ associations for managing common areas​.
4. Recent Legislative Updates:
• Law 19 of 2020 ensures the Dubai Land Department can cancel property sales if registered under certain conditions​.
• Law 33 of 2020 addresses the liquidation of incomplete or cancelled real estate projects, giving the judiciary more control​.
• Broker Regulations (2022) limit sellers to using no more than three brokers at once, promoting professionalism​.
5. Transfer Fees: The Dubai Land Department has introduced a tiered transfer fee system to make smaller transactions more affordable while maintaining fairness for high-value transfers​.
6. Sustainability: Developers must comply with new sustainability standards, promoting green building practices​.