Hamdan bin Rashid orders compensation for landowners

DUBAI: H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and U.A.E. Minister of Finance, has issued an order to compensate landowners for the damage caused to their properties by expansion projects in Dubai’s Central Business District.

The order is in response to Dubai Municipality’s construction projects and the various development plans in the city.

Hussain Nasser Lootah, Director-General of Dubai Municipality, said the affected landowners may choose to receive a 20 percent compensation on the total size of the affected area, or have an additional floor built on their property.

Under the new order, claims of under AED2 million will be given in cash, but in the case of more substantial damage, landowners will receive a new plot of land.

SOURCE: WAM