Why do I need a Power of Attorney (POA) for gifting a property?
There are not so many articles online about the nitty gritty of gifting a property in Dubai, even more so about how grueling it is for the actual transfer to take place. It’s an undertaking which demands a significant amount of time on the person gifting the property (“the donor”) and the person receiving it (“the donee”).[…]
Guide To Gifting A Property In Dubai
What is a gift transfer and what should I know about it? A gift transfer (also known as “a grant transfer”, or “a Hiba transfer”) is a voluntary transfer of a property, or part of a property, from an individual to another individual, from an individual to a company, or from a company to an[…]
Step by Step Guide to Prepare a Power of Attorney from Abroad to be used in the UAE
Quite often a need to issue a power of attorney for use in the United Arab Emirates arises when you are out of the country. While away from the UAE, you might ask your friend to sell your car in Dubai, or you might ask a colleague to acquire a property on your behalf in Abu[…]
How to sell a property in Dubai from abroad and what challenges to expect?
As one wise man once put it, the life is so full of unpredictable beauty and strange surprises. So much so that for some these can be hard to handle. Let’s imagine that you had lived and worked in Dubai as an expatriate for the past 10 years. During this time, you purchased an apartment[…]