Dubai Real Estate Mortgage Law

Dubai issues mortgage law to regulate sector
Trade Arabia - Manama,Bahrain
The ruler of Dubai has issued a new mortgage law as part of moves to regulate the emirtae's booming real estate sector, the chief executive of the Real Estate Regulatory Authority said. ...the new law regulates the mortgage process in an effort to protect the rights of lenders and borrowers and improve transparency, Marwan Ahmed bin Ghalita said on Tuesday. ...