Real Estate Regulatory Agency (RERA) at Dubai Land Department (DLD) has recently announced the formation and registration of 127 new owners' committees across the emirate as part of its efforts to enhance governance and sustainability in jointly owned properties. The formation of these committees signifies RERA's commitment to empowering property owners and encouraging active participation in community management, in line with Dubai's vision to excel in the global real estate sector.
RERA has received a substantial number of applications for owners' committees, with approvals granted based on specific terms and criteria. The application process for property owners from companies will continue through property management companies responsible for submitting requests for official approval.
The commitment to owners' committees highlights Dubai's dedication to upholding the highest standards of management and regulation in the real estate sector. Property owners are increasingly enthusiastic about playing an active role in their communities, and these committees serve as a significant platform for enhancing the quality of life, promoting community well-being, and increasing resident satisfaction.
The responsibilities of owners' committees include reviewing budgets, setting maintenance priorities, overseeing shared services, and efficiently managing jointly owned properties. RERA will oversee the workflow, coordinate between management companies and owners' committees, and ensure effective operations.
Eligible individuals can register for owners' committees through DLD's official website or the Dubai REST app, provided they meet required conditions such as residing in the property, holding a valid Emirates ID, submitting a Good Conduct Certificate issued by Dubai Police, and settling all outstanding service fees.
RERA emphasizes the importance of maintaining direct communication with property owners, inviting both individuals and companies to join owners' committees. Property management companies will hold meetings with the newly formed committees to elect chairpersons, vice-chairpersons, assign responsibilities, and initiate the execution of designated tasks, all aimed at supporting sustainability and realizing Dubai's vision of a thriving real estate sector. Applications from individuals will be reviewed and approved directly.
