Case Study: Why a Foreign Company Was Not Able to Get a Title Deed
A foreign company (the “company”) acquired an off-plan property in Dubai before January 2011 when it was allowed for overseas companies to own real estate. The construction of the property was completed only in 2019 and the company needed to take possession of the property and obtain a Title Deed. Issue Faced Effective from January[…]
Whom You Can Gift Your Property To In Dubai?
Technically speaking you can gift your assets including your real estate to whoever you wish, whether the beneficiary is your relative or not. However, officially, not all property gift transfers are qualified as property gifting in the eyes of regulatory authorities, i.e. Dubai Land Department (DLD). One of the main reasons is that the gift[…]
New Validity Period for Ejari Power of Attorneys in Dubai
During May 2019, a few new rules have been adopted in relation to EJARI registration of tenancy contracts in Dubai. One of the rules relates to Power of Attorneys (POA). As per the new requirements of EJARI, a POA for EJARI registration will only be valid for a maximum of two (2) years as mandated by[…]
Why You Need Legal Representation For Real Estate Buying or Selling
The process of buying or selling a house in Dubai or in other cities of the United Arab Emirates is quite streamlined. Nonetheless, it can also involve some complications and delays depending on many factors. Most people get the assistance of a real estate broker when walking through this process, but it can be beneficial[…]