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Economic and Fraud Provisions in the Middle East “There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open…
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Abu Dhabi: Legislative Amendments to freehold Ownership Laws Introduction Abu Dhabi, being the capital of the UAE, is a sea of opportunity for growth of the business, investment, technical and urban development. However, it has yet to reach its full potential. A research conducted by the Abu Dhabi Urban Planning…
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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 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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Обеспечение Ипотечных Заемов в Абу Даби Ипотека – Основы Ипотека – это вид банковских кредитов, предназначенных для тех, кто хочет приобрести недвижимость. Покупка недвижимости – очень важная часть современной жизни, причем все потенциально находятся под одним зонтом – от самых известных компаний, покупающих недвижимость под новые проекты, до обычных покупателей…
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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 businessinstrument is a double-edged sword: it is capable of both boosting and devastating an economy. The United…
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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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Строительное Право и Использование Времени Человечество создало время, чтобы держать организовать и структурировать свою жизнь. Это, по сути, социальная конструкция, в которой мы живем всю свою жизнь. Это не просто фундаментально, но необходимо для нашего выживания. Закон подобным же образом был создан нами, чтобы диктовать то, как мы должны…
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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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Новый Закон Абу Даби о совместном владении имущества (Strata Law) Ничто так не действует на нервы как реклама агентств по недвижимости, кричащая «Купи Сейчас, Плати Потом». Если бы можно реализовать это в действительности, интересно, было бы написано на рекламном щите «Купи один, второй бесплатно»? Одной из ключевых проблем, с которой…
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