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Ministerial Decision

Real Estate General Authority: Decision 4600003967 Making an Amendment and Addition to Article 4 of the Executive Regulations of the Real Estate Units Ownership Law

Arabic

The Minister of Municipalities and Housing

based on the powers granted to him by law,

based on article 31 of the Real Estate Units Ownership, Division, and Management Law issued

by Royal Decree D/85 dated 2 Rajab 1441 [26 February 2020] and based on Ministerial Decision 168 dated 22 Shawwal 1441 [14 June 2020] approving the Executive Regulation of the Real Estate Units Ownership, Division, and Management Law,

and after perusal of the board of directors of the authority Decision 2/28/B/24 dated 26 Rabi Al-Awwal 1446, corresponding to 29 September 2024,

hereby decides

First

The amendment of article 4(1)(d) of the Executive Regulation of the Real Estate Units Ownership, Division, and Management Law is hereby approved, to read as follows:

(d) A survey report or plans for off-plan sale projects issued by a licenced engineering office and approved by the authority including a determination of the land and common parts relating to each divided real estate unit, based on the ratio of the area of each divided real estate unit to the total area of the divided real estate units, or the value and area of that unit to the total value and area of the divided real estate units, as the case may be.

Second

The addition of an additional paragraph to article 4 of the regulation is hereby approved with the following text:

4. It is permitted to divide real estate units in off-plan sale projects after the approval of the licencing authority of the project, and the deeds for these units are not issued until the property is completed and a certificate is issued proving that the property is identical on the ground to the real estate unit division report.

Third

This decision must be published in the official gazette, and comes into force on the date of its publication.

Minister of Municipalities and Housing
Chairman of the Board of Directors of the Real Estate General Authority
Majid bin Abdullah Al-Huqail

Issued on: 25 Rabi Al-Thani 1446
Corresponding to: 29 October 2024

Published in Umm Al-Qura 5057 issued on 22 November 2024.