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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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United Arab Emirates > Legal Developments > Real Estate & Property > Law firm and leading lawyer rankings

Editorial

Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

DO FIDIC RULE APPLY IN CONSTRUCTION CONTRACTS IN UAE?

Since a very long time, FIDIC (The International Federation of Consulting Engineers) is commonly used a standard for international construction and engineering contracts and is very frequently used in UAE. It mainly governs the construction works within the country and in GCC. 

How to terminate construction contracts?

Amid the construction contract, things may turn out badly. Contractual relationship may come to an end; the trust may vanish and, in the troublesome financial atmosphere, organizations or people can be declared bankrupt. Thus, the clause allowing either or both the parties to rescind a construction contract should be considered prior to signing the agreement. 

What all to consider before signing sale purchase agreement in Dubai

With a persistent variation in the property prices, the buyers are climbing the bandwagon to earn profits on investment. The developers are equally or slightly more beneficial from such a trend. 

Can you terminate your commercial agent?

The expansion of multinational companies is always either through incorporating a subsidiary or associating with a local distributor or a commercial agent in any jurisdiction. UAE is a standout amid the most preferable alternative where international companies can either sign an agreement for distribution or enters into an arrangement with the commercial agent for subsequent augmentation. 

Guide in commercial dispute resolution

UAE has seen a considerable increase in the business opportunities and foreign investors in last decade. Accordingly, the lawmakers have amended the laws in order to have an effective dispute resolution mechanism. Such strong and stable institutions can accommodate both foreign and domestic investors in accordance with their requirements.

What are the rights and obligation of owners association?

The complexity and challenges faced by the mixed-use community (joint owners) have witnessed tremendous growth as compared to single-use projects. The answer for how to create a successful and well-maintained mixed-use community lies in how the sharing is handled.

How to resolve real estate disputes in Dubai?

Dubai has experienced major ups and downs in the real estate sector, and the disputes arose tested the veracity and legal standing of these laws from time to time.

Almost after a decade of rigorous implementation, the real estate laws of Dubai, as elucidated by Property lawyers in Dubai are now much more robust. The concerned article is a pathway to understanding the various aspects of dispute resolution in real estate matters in Dubai.

Inheritance Under Muslim Law: Framework of Sharia Law

The principal source of law of inheritance in UAE is Shariah and on the basis of which several Federal Laws have been promulgated.

8 Essential Issues to Consider Before Signing your Sale and Purchase Agreement – Dubai Property La

In the Dubai real estate market, whether you are a buyer or a seller, navigating the whole process may seem like a daunting task. But a proper checklist can help you ensure a smooth entry into the property market. Our Associate, Sarra Alsamarrai in the below article, highlighted the top eight considerations purchasers need to focus on before signing the agreements.

New Services by Dubai Rental Disputes Centre

November 2018 - Real Estate & Property. Legal Developments by Afridi & Angell.

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On 8 October, the Rental Disputes Centre in Dubai launched the Rental Good Conduct Certificate service.

8 Essential Issues to Consider Before Signing your Sale and Purchase Agreement – Dubai Property La

Purchasing off-plan property has become the new norm, with affordable prices and the increase in incentives being offered, purchasers are quick to jump on the bandwagon. The Dubai Law No. (8) of 2007 On the Matter of Escrow Accounts for Real Estate Development (“Escrow Law”) was issued for the purposes of safeguarding purchaser’s money after the housing crisis. Although there are hefty penalties for developers who breach the Escrow Law, there are no guarantees for project completion, or full security of a purchaser’s money placed in the escrow account. Dubai Law no. 19/2017 was further issued amending certain articles of Dubai Law no. 13/2008 on the Interim Real Estate Register in the Emirate of Dubai (“Real Estate Register Law”), which offered increased protection to developers. Developers can now file a complaint to the Dubai Land Department (DLD) of a purchaser’s non-compliance with their contractual obligations. The DLD will then notify the purchaser, and if need be, attempt to reach a settlement between the developer and the purchaser. This amendment introduced greater certainty in the procedures carried out by the DLD to enforce the developer’s rights.

Investors win Dh84m claim against developer in Dubai

A Dubai developer has been ordered to pay three men Dh84m after they failed to deliver villas the men had purchased from a housing project near Dubai Land.

Property Investors in Dubai may Withhold Payment of Due Installments

A property investor in Dubai may withhold payment of due installments whilst the developer is in breach of his contractual obligations.

Getting it off the ground: the Jointly Owned Property Law in Dubai

February 2013 - Real Estate & Property. Legal Developments by Afridi & Angell.

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The original version of this article was published in Practical Law, Multi-Jurisdictional Guide to Corporate Real Estate, 2012/2013

By Shahram Safai, Arsalan Shaikh, Andrew Yule, Ronnie Dabbasi

CORPORATE REAL ESTATE - United Arab Emirates

February 2012 - Real Estate & Property. Legal Developments by Afridi & Angell.

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Shahram Safai, Arsalan Shaikh, Andrew Yule, Christopher Linwood and Omar Ayad
Afridi & Angell

What have been the main trends in the real estate market in your jurisdiction over the last 12 months? What have been the most significant deals? 

Corporate Real Estate Handbook 2010/11

January 2011 - Real Estate & Property. Legal Developments by Afridi & Angell.

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Real estate projects generally comprise master communities managed by master developers. Master developers provide the infrastructure and divide the land into plots. The plots are usually sold by a master developer to smaller property developers who transform the plots into residential or commercial centres, ranging from tall towers to secluded buildings and villas.