Glossary · United Arab Emirates
Dubai Service Charge
Quick answer
Charges payable by owners of units in jointly owned property towards the management, operation, maintenance and upkeep of common areas and facilities.
Next steps
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Related
Related terms
Propriété en copropriété (Jointly Owned Property)
Programme à Dubaï comprenant des unités détenues individuellement ainsi que des parties et équipements communs partagés par les propriétaires d'unités.
Property Handover
The stage at which a completed or substantially completed property is formally delivered by the developer to the purchaser, subject to the applicable contractual and regulatory requirements.
Built-Up Area (BUA)
A commonly used UAE property measurement describing the total built-up floor area of a property, generally including the internal built structure and defined areas such as walls, subject to the measurement basis used.
Dubai Title Deed
An official document evidencing registered ownership of a property in Dubai, issued through the Dubai Land Department.
Escrow
A regulated account holding a buyer’s off-plan payments, releasing funds to the developer only against verified construction milestones.
Droit de gestion (Right to Manage, RTM)
Droit légal permettant aux preneurs d'un immeuble d'en reprendre la gestion au propriétaire du fonds, sans avoir à prouver de faute, via une société RTM.
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