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Ten Dubai Property Owners Banned from Leasing by DLD Over Safety and Overcrowding

DLD enforces strict measures following inspections, urging compliance to maintain market stability.

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Staff Writer, TLR

Published on August 20, 2024, 15:10:16

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The Dubai Land Department (DLD) announced that it has prohibited 10 property owners from leasing their properties due to issues related to overcrowding and non-compliance with safety regulations.

The decision followed a series of inspections conducted by the DLD in collaboration with its strategic partners.

According to the DLD, "In cooperation with our strategic partners, we carried out extensive inspection campaigns, leading to a ban on 10 property owners from leasing and subleasing their properties until they address the issues and fully comply with overcrowding, health, and safety standards."

The affected property owners have been formally notified of the leasing restrictions, which will remain in place until they rectify the violations and align with regulatory requirements.

“These stringent actions were necessary due to repeated violations and failure to heed warnings regarding compliance with DLD regulations, which are essential for maintaining stability in Dubai’s real estate market,” the department stated.

DLD has adopted a strict approach towards violators, including brokers, agents, and property owners, to ensure the safety and hygiene of residents. In 2024, authorities imposed fines on 286 real estate companies and brokers for non-compliance with these regulations.

Following the pandemic, the demand for property surged, attracting numerous new property owners eager to capitalize on high rental yields and returns on investment.

Dubai's population has also seen a significant increase since 2021, driven by a robust economic recovery that created numerous job opportunities, particularly in the private sector. The population grew from 3.411 million at the start of 2021 to 3.762 million in August 2024, marking a 10.3 per cent rise.

In the first half of 2024, Dubai saw the completion of 12,900 apartments and 3,925 villas. An additional 20,000 apartments and 5,000 villas are expected to be delivered by the end of the year, according to Asteco.

The DLD urged property owners and tenants to adhere to laws and regulations to avoid penalties.

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