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Lawyers in Dubai
29 Sep 2020

How ADGM Registered Entities can Own Real Estate in Dubai

How ADGM Registered Businesses can Own Real Estate in Dubai Abu Dhabi Global Market (ADGM), an established free-zone and international financial centre in Abu Dhabi was legally established pursuant to Federal Decree Number 15 of 2013 and Abu Dhabi Law Number 4 of 2013 (the ADGM Founding Law). ADGM attracts…

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Lawyers in Abu Dhabi
24 Aug 2020

Non-payment of Service charges in Dubai and Abu Dhabi

Non-payment of Service charges in Dubai and Abu Dhabi The Real Estate Regulatory Agency ("RERA") issued a notice in April 2020, stating that the homeowners in Dubai who defaulted on 2019 service charge payments will have their fines waived. But did this mean that the waiver would extend to 2020…

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Lawyers in Dubai
05 Apr 2020

How to Get Away with (a) Building

How to Get Away with (a) Building? A short essay on joint development agreements, musataha structures and constructions on third-party property. Queen Elizabeth II is frequently regarded as the owner of one of the world’s largest real estate portfolio with properties in the United Kingdom, Ireland, Falkland Islands and Canada…

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Lawyers in Dubai
05 Mar 2020

Investors’ Due Diligence Before Purchasing Real Estate in Dubai

Investors’ Due Diligence Before Purchasing Real Estate in Dubai Authors, legal professionals, bankers and jurists have written several papers on the increased foreclosure rates preceding 2008 in the United States' real estate market. This predicament led to a domino effect of issues on mortgages, (the infamous) collateral debt obligations and other…

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Lawyers in Dubai
27 Feb 2020

Owners Association in Dubai

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 –…

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Property Lawyers in UAE
24 Dec 2019

Defective Property Post Handover in Dubai and UAE

  Defective 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…

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Financial Lawyers in UAE
10 Oct 2019

Does the UAE real estate market need new financing rules?

Does 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…

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Lawyers in Dubai
05 Oct 2019

Unveiling Dubai Expo 2020

Unveiling Dubai Expo 2020 Tulika Kaul Introduction to Expo 2020  “Our region deserves the chance to organize this great world exhibition. Our country is ready to host it. We will keep our promise in connecting great minds to build a better future and we will organize the best event in…

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Property Lawyers in Dubai
29 Aug 2019

Off Plan Contract Termination

The 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…

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Property Lawyers in UAE
27 May 2019

Tenancy Laws in the United Arab Emirates

Tenancy Law in the United Arab Emirates Introduction Tenancy law is a fundamental regulatory framework that systemizes the relationship between tenants and owners. It defines the obligations, risks, and procedural requirements to deal with disputes. In the UAE the provisions regarding tenancy law are found under Federal Law No.5 of…

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Property Lawyers in Abu Dhabi
24 Apr 2018

Securitization: UAE and Global Overview

Securitization: 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…

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Property Law of Abu-Dhabi
17 Mar 2018

Guide: Real Estate Investment In Abu Dhabi

Real 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…

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NEC4
30 Dec 2017

The Emerging Role of NEC Form of Contracts

GOOD 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…

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Real Estate Lawyers in Dubai
26 Nov 2017

Under the Radar

Under 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…

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