Thinking of Investing? What Are the Guidelines for Off-Plan Property Purchases in Dubai?
In this article, we will outline the key requirements for purchasing off-plan property in Dubai.
Dubai +971 4 325 4000
Abu Dhabi +971 2 650 1211
WhatsApp +971 50 751 6619
Dubai +971 4 325 4000
Abu Dhabi +971 2 650 1211
WhatsApp +971 50 751 6619
In this article, we will outline the key requirements for purchasing off-plan property in Dubai.
Introduction Renting a property is a common arrangement in Dubai, with many residents and businesses leasing real estate for various purposes. However, what happens when you receive an eviction notice before your lease term is up? Understanding your rights and responsibilities as a tenant is important to navigate such situations. Dubai Law No. 26/2007, as…
Across the UAE, these laws and procedures ensure that lost and abandoned property is handled fairly and systematically, respecting the interests of both property owners and finders.
This article examines the legal complexities posed by the rising demand for Dubai properties and explores the solutions facilitated by the Real Estate Regulatory Agency (RERA).
Dubai’s luxury real estate market has witnessed a remarkable boom, attracting investors and high-net-worth individuals from all corners of the world. This escalation in demand for high-end properties is emphasized by a multifaceted legal framework that ensures transparency, safeguards investments, and promotes responsible real estate transactions. In this article, we research the legal considerations that reinforce this prosperous luxury real estate sector in Dubai.
The Real Estate Purchase agreements are also known as Sale Purchase Agreement (SPA), it is a legal contract that sets out the terms and conditions of a real estate transaction between a buyer and a seller. Perhaps the most important document in a property transaction is the Sale and Purchase Agreement (SPA). Are Purchase Agreements…
Commercial real estate law in the UAE refers to the legal framework that governs the buying, selling, leasing and management of commercial properties in the country. The law is designed to regulate and to protect the interests of all parties involved in a commercial real estate transaction including buyers, sellers, landlords, tenants, investors and developers.…
An Off-Plan Property is a property where the construction has not yet begun or in some cases the property is in the early stages of construction. Generally, this type of property can be directly purchased from a developer. Advantages of buying an Off-Plan property in the UAE, is that: You get to purchase the property…
Arbitration For Real Estate Disputes In The UAE Owing to its advantages, arbitration has come to being preferred as the ultimate means of resolving disputes in almost every sphere. Most contracts will have a dispute resolution clause at the end, stating arbitration as the primary method of resolving any dispute between the parties. Arbitration is…
Terminating a contract essentially implies extinguishing the liabilities mentioned within the contract. When a contract is terminated by one of the parties, it is no longer enforceable under the law. Both the parties are under no obligation to perform their part of the contract anymore. A property contract can be of two types: If you…
The construction industry in the United Arab Emirates (UAE) principally embraces and follows worldwide accepted procedures for development contracts administered by UAE law or executed in the UAE. These agreements are vigorously demonstrated on International Federation of Consulting Engineers (Fédération Internationale Des Ingénieurs-Conseils) (FIDIC) types of agreements. In any case, local law contemplations ought not…
UAE’s rapid development in business and commercial environment alluring investors from around the world in large numbers, wherein property investments and security of their interest should go hand in hand. The real estate sector in UAE has witnessed natural growth in past couple of years and is currently considered as the most recommended place for…
We are all acquainted with the tragedy faced by property investors in Dubai or any other Emirate in UAE, when a project is cancelled by the regulating authority for several reasons mostly about incompletion of property. It is certainly not a new concept in UAE as agreed by Property Lawyers of Dubai considering the significant…
The construction business is viewed as one of the most disputed and debated ridden sector, which has brought about it being one of the most claim orientated segments. Earlier, parties used to register civil claim before relevant court authorities, often considered as costly and time-consuming method to resolve construction disputes. However, with time Real Estate…
Have you drafted the Will? Indeed, individuals are living longer nowadays, so why not procrastinate drafting a will for a couple of more years? Reconsider! Improved life span shouldn’t have quite a bit of a heading on when you should draft a will. Legal advisors state nearly everybody ought to have an estate plan, and…
The real estate business in the United Arab Emirates (UAE) is one of the essentially developing business, yet face several hardships during its progress such as delay in handover of the property. However, government of UAE has issued multiple laws and regulations governing issues pertaining to real estate sector, however, the Property lawyers of Dubai…
In a recent gathering of UAE government, the details of the new Space Law of UAE was announced, wherein the Cabinet Resolution for which was issued in last year. The government issued laws and regulatory authority to oversee the space operations in the UAE and to co-relate with the international space laws and treaties. The…
Once you decide you wish to buy a property, either residential or commercial in UAE, the second most important question is where and which real-estate agent can help? Along with these questions, other questions may pop-up like where to start? Which real-estate agent to There are a lot of contemplations and conditions that will impact…
One of the most widely discussed topics in Dubai is a residency visa, and recently, long-term residency visas are quite in discussion these days. Ergo, Property Lawyers of Dubai decided to shed some light on the procedure for applying for a long-term residency visa in UAE post acquiring a property. With the intention to enhance…
A recent amendment in Abu Dhabi, real estate law, has amended Abu Dhabi Law number 19 of 2005 regarding the Regulation of Real Estate Sector (the Real Estate Law) by Abu Dhabi Freehold Property Law 2019 (the Freehold Law). Post the declaration of the new law, Abu Dhabi will tread on the heels of allowing…
Most people believe that an email is an informal form of communication. Thus, offers, counter offers are often exchanged through emails bearing in mind that they are just for initial negotiations. Our generation is an era of speed considering our primary dependence on technology which is making our life more comfortable, faster and internationally connected.…