
How to Recover Your Money from an Off-Plan Property Without an SPA in UAE?
How to Recover Your Money from an Off-Plan Property Without an SPA in UAE Buying off-plan property in the UAE is not common, especially in Dubai and Abu Dhabi. But there are many buyers who make down payments or deposits before executing an SPA. So the big question is: what if the project gets delayed, is cancelled, or
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No Objection Certificate (NOC) for Selling a Real Estate Property in the UAE
No Objection Certificate (NOC) for Selling a Real Estate Property in the UAE When selling a real estate property in the UAE, there are various legal procedures that associated parties have to undergo for ensuring seamless ownership transfer. In order to seamlessly execute property transactions, an NOC acts as a critical document. The purpose of
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Property Handover Delays in Dubai: Buyer Rights & Legal Options
Delayed Property Handover in UAE: What Buyers Need to Know The UAE real estate market isn’t just a hub of investment opportunities, but it also encourages people to buy their dream & lavish properties to live in peace in the country. Most people who are willing to make real estate investments in the country, or
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Mediation Services in Dubai: Fast & Confidential Dispute Resolution
Mediation Services in Dubai: Fast & Confidential Dispute Resolution Whether it is business deals, family relationships, real estate purchases, or any other transaction across different areas of life, you cannot evade the possibility of disputes. Earlier in Dubai, such conflicts could be resolved only through litigation, which is a prolonged and expensive procedure. However, today
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Dubai Land Department Gift Transfer Fees & Process Guide
Dubai Land Department Gift Transfer Fees & Process Guide Property gift transfers are quite popular in Dubai, mostly when it is about succession planning or inheritance. For you to understand the concept, a gift transfer is a voluntary passing of a property’s ownership, either in part or in full, from one individual to another individual,
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Complete Guide to DIAC Arbitration Rules in Dubai
Understanding the DIAC Arbitration Rules The United Arab Emirates has positioned itself as a global commercial center which draws multinational companies and investors who operate in various sectors including construction and real estate, finance, logistics, and technology. The existence of complex business relationships creates a danger of disputes which results in parties choosing arbitration because
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Can You Challenge an Arbitration Award in UAE?
Can You Challenge an Arbitration Award in UAE? Yes, you can definitely challenge an arbitration award in UAE, as Article 53 of UAE Arbitration Law has specified dedicated grounds for the same. The only rule is that you must file your challenge within 30 days of being notified about the arbitration award. If you have
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Cancelling Dubai Off-Plan Property Before Oqood Registration
Cancelling Dubai Off-Plan Property Before Oqood Registration Are you planning off-plan cancellation in Dubai prior to completing the Oqood registration and worried about your Dubai property deposit refund? Many investors think that off-plan cancellation in Dubai is easy at this initial stage, but there are still some obligations and laws that apply in such cases.
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Force Majeure in the UAE: What Businesses Need to Know
Force Majeure in the UAE: What Businesses Need to Know In the current business world, contracts serve essential functions because they safeguard the rights and obligations of organizations. Businesses face challenges in fulfilling their contractual obligations when they encounter unexpected situations, which include natural disasters, pandemics, and political unrest. The legal principle of force majeure
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