Condominium

A condominium is a property ownership structure where individuals own their specific units while jointly owning common areas and facilities, governed by strata law and managed through an owners association.


Ownership StructureDetails
Individual titleEach unit has separate title deed
Common propertyJointly owned by all unit holders
Strata registrationRegistered under Dubai Law 27 of 2007
Voting rightsTypically proportional to unit size
Governance FrameworkRequirement
Owners associationMandatory for all developments
Annual general meetingRequired by law
Service charge budgetMust be approved by owners
Board of directorsElected from owners
Owner ObligationsResponsibility
Service chargesMandatory payment
Community rulesCompliance required
MaintenanceInternal unit upkeep
ModificationsApproval needed for structural changes

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