Owners Association in Dubai “Home ownership is the cornerstone of a strong community.” – Rick Renzi On the bright sunny morning on 9 November 1987, the United States District Court (E.D. Virginia - Alexandria Division) ruled on a very important question in the real estate sector at that stage –…
Read moreMusataha Agreements in the UAE Introduction The Rights of Musataha is a vital tool for real estate development in the United Arab Emirates (UAE). It enables the investors to establish stable and safe investment projects whilst achieving the adequate balance between the rights of the proprietor and those of the…
Read moreDefective Handed Over Real Estate Units As Winston Churchill once said: “Land monopoly is the mother of all monopoly”. Decades later, this statement has still proven to be accurate as real estate is a booming industry all over the world. Real estate in the United Arab Emirates (UAE) in…
Read moreDoes the UAE Real Estate Market Need New Financing Rules? - Jui Dongare, Shubham Mishra, and Tulika Kaul The United Arab Emirates (UAE) property market has experienced quite a few major developments within the past decade, with a host of new laws, initiatives, and real estate projects being announced. Moving…
Read moreThe decision of the Land Department to Cancel the Registration In the Decision of Court of Cassation in Dubai and Law 19 of 2017 Due to the importance of the real estate market in Dubai, especially the sales system on the map, which allows the investor to buy through installments…
Read moreSecuritization: An Overview Introduction Securitization is a powerful financial tool that renders possible the profitability of illiquid assets. We all agree that securitization contributed to the 2008 Financial Crisis, demonstrating how this powerful business instrument is a double-edged sword: it is capable of both boosting and devastating an economy. The…
Read moreTHE REACH OF TERRITORIAL JURISDICTION PART I Introduction The UAE follows Civil Law in their legal system and the primary laws governing the jurisdiction of courts is regulated by Federal Law Number 11 of 1992 the Civil Procedural Law (the Civil Procedures Law) and Federal Law Number 35 of…
Read moreReal Estate Investment In Abu Dhabi Introduction PLANNING TO PURCHASE A PROPERTY? # Things to Know 1. Conduct due diligence on both, the seller and the property before signing the documents. 2. Verify the details of the property at the Abu Dhabi Municipality. 3. Consult a property or real…
Read morePreventive Principle and Extension of Time Time and again we have discussed the level of dynamicity in the sectors and industries such as construction, maritime, cryptocurrency and the like. Today, we are going to analyze why these areas in specific are comparatively more dynamic than others – mainly because projects…
Read moreGOOD FOURTUNE- NEC4 “It’s not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” - Charles Darwin Introduction Biological evolution has been “creating” lives on this earth for almost three billion years, constantly adapting everything to an ever-changing environment. It is…
Read moreArbitration Award Vs Public Order “Public order is a fragile thing, and if you don’t fix the first broken window soon all windows will be broken” James O Wilson Many of us flinch at the thought of court proceedings, given its costly and lengthy nature. But luckily…
Read moreDoes BUY NOW = DELIVER NOW? When I opened my Microsoft Word application on my personal computer this morning to write this article, it read that – ‘Your subscription as expired; choose one of the following options to reactivate.' This confused me for two reasons: (i) I was under the…
Read moreUnder the Radar “Real estate investing, even on a very small scale remains a tried and true means of building an individual’s cash flow and wealth” - Robert Kiyosaki It is not strange to find Dubai to be investors’ favorite choice when it comes to real estate investment. Earning the name…
Read moreHeads of Terms “Intention is one of the most powerful forces there is. What you mean when you do a thing will always determine the outcome. The law creates the world.” - {C}{C}Brenna Yovanoff Overview Every contract is the result of an intense negotiation between the parties of the contract…
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