Real Estate

Power of Attorney is a declaration for delegation of authority that allows you to give authorization to another person to act as your attorney-in-fact or agent.

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.

Have you ever thought what would happen to your UAE real estate in case something unfortunate occurs?

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.