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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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Musataha 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…
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Granted Commercial and Residential Land in Abu Dhabi and its Disposal Land has been a bone of contention since times immemorial, wars have been fought for controlling the land. Similarly, in modern times as well as in almost all the countries of the world with well-developed legal systems codified or…
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TENANCY LAW OF ABU DHABI AND ITS AMENDMENTS (Updated October 2019) (This article was updated on 7 October 2019) Tenancy Law is one of the most important aspects of societies' life by means of which individuals' rights and duties are determined. Besides, it also sets a guiding principle for interactions among…
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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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To change or not to change? “Dubai rents have started to fall for the first time in three years.” Note: This article was updated on 10 April 2019 As I turned on the radio and drove to the office this morning the first news item I heard was about the…
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The Enforcement of Mortgages in Abu Dhabi Mortgages- The Basics Mortgages are a type of loan banks provide for those looking to purchase a property. The purchasing of a property is a highly important part of the modern world, with everyone potentially being under that umbrella, from the most prominent…
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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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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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GUIDE TO OFF-PLAN PROPERTY LAWS IN ABU DHABI Previously, laws concerning off-plan property sales in Abu Dhabi was a legal blind-spot that caused ambiguity and failure in securing the interests of the investors. However, the establishment of Law Number 3 of 2015 on the Regulation of Real Estate Sector in…
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Boarding Complete: An Islamic Rendering Part I of II Islamic Principles not only lay guidance on the relationship between man and God but also provide directives on a system of transactions for dealings between man and man to lead a life in an Islamic way. Such Islamic jurisprudence referred to…
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Construction Law and the Application of Time Power can not confer to what does not exist. Humankind has needed something to organize and structure his life, so we created time. So that, we using time as a benchmark can keep ourselves in check. It is, essentially, a social construct,…
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Keys to your Indian Home ‘The best investment on earth is earth’ Louis Glickman By now we all understand the aftermath of the recession, its effect on the economy, banks and financial institutions besides individuals and society at large. Speaking of a comparative jurisdictional approach, the effect of aftermath may…
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The New Abu Dhabi Strata Law Nothing sets my teeth on edge like a real estate hoarding screaming ‘Buy Now, Pay Later’. If one were to apply such signs in actual terms, I wonder whether the next hoarding that will knock my teeth off will read ‘Buy One, Get One…
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