15 January 2021
01 Jumaadaa al-Aakhirah 1442
عربي
Article 1 Starting Date: 09/06/2004
In the implementation of this Law, unless the context otherwise requires, the following words and terms shall have the meaning hereunder assigned to them:
“Real Estate”: Land and buildings including structures erected thereon.
“The Housing Unit”: An apartment in a multi-storey building.
“Areas of Investment”: Land allocated for the exercise of commercial, industrial, tourist, residential and educational activities and any other activities the investment in which is permitted in accordance with the State applicable laws.