The first Law Update of 2024 is here, and our first focus of the year spotlights Healthcare and Lifesciences, a sector that is undergoing significant growth and development across the MENA region.
Our focus provides an insight into some of the most important regulatory updates across the region, such as the UAE’s groundbreaking law on the use of human genome, Kuwait’s resolution on nuclear and radioactive materials, the new regulations for healthcare services in Qatar, Egypt’s healthcare regulatory framework, and the impact of the Saudi Civil Transactions Law on the healthcare and life sciences sector … and there is so much more!
Beyond the healthcare pages our lawyers share with you multi-sector insights where you will discover articles on Dubai’s DIFC regulatory framework for startups, Bahrain’s commercial agencies law, and we also shed light on Kuwaiti civil code and the advantages of setting up a joint stock company in Saudi Arabia.Read the full edition
On 13 August 2020, Sheikh Mohammed Bin Rashid issued Decree 23 of 2020 Regulating the Sale of Inherited Residential Properties by Heirs in Dubai (“Decree 23”).
Decree 23 is applicable to all residential properties located in Dubai (except for residential properties granted under the Mohammed bin Rashid Housing Establishment). It does not make a distinction between properties that are located in designated and non-designated areas for foreign ownership, and is therefore applicable to all nationalities.
Decree 23 aims to protect family members in the event of sale of residential properties that are subject to inheritance orders (specifically senior citizens, minors, bachelorettes, divorcees, widows and individuals with special needs), to ensure that the sale of the property is not detrimental to their rights and interest.
The Dubai Land Department (DLD) is authorised to approve an application of sale submitted by any of the heirs, and transfer title to a purchaser. DLD may also authorise sale of a property by auction (if appropriate). Following a sale, the DLD will distribute sale proceeds to the heirs, in accordance with their individual entitlement pursuant to the inheritance order. In the event of a dispute between the heirs, they may file a claim before the Special Judicial Committee which has exclusive jurisdiction to review and decide on such disputes.
Decree 23 is effective from the date of its publication, and repeals all provisions in any other laws in force that are contradictory to the provisions of Decree 23.
Finally, any dispositions or actions that contradict with the provisions of Decree 23 will be void, shall not be registered in any official record, and shall not create any rights or obligations.