New Dubai RERA Law Issued

Dubai Government Keeps Up with the Aspirations of the People His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as the Ruler of Dubai, earlier this week issued the Dubai Law No. (4) of 2019 (“New  Law”) pertaining to the Real Estate Regulatory Agency (“RERA”) initially established by law No. (16) of 2007…

Launch of Joint Initiative to Streamline UAE’s Real Estate Sector to Promote Future Investment

A memorandum of understanding (MoU) between DLD and BSA was signed to promote foreign and local investment opportunities in Dubai Dubai Land Department (DLD) and BSA Ahmad Bin Hezeem & Associates (BSA) have subscribed to the Real Estate Lawyer (REL) initiative launched to streamline Dubai’s real estate sector processes. A memorandum of understanding (MoU) between…

Joint Property Development Agreement

Introduction Real property development in the United Arab Emirates (“UAE”) is often undertaken on a joint venture basis. The reasons are not dissimilar to other jurisdictions, and include the sharing of risk, specific development expertise, ownership restrictions of the real property and the increase in public private partnerships. It is vital that the joint development…

What is property flipping?

  Originally published on gulfnews.com John Peacock explains how the law treats a practice made infamous by speculators Property flipping is a term widely used in the US to describe the process of buying property and reselling it at a higher price, usually after making minor alterations or refurbishments. Technically the first buyer or the…

When homeowners refuse to pay service charges

What legal avenues do owners have when their complaints are not addressed? Published in Gulf News on March 7, 2018 By Robert Mitchley, Senior Associate   Unit owners in a one-year-old building have been wrangling over maintenance and service fee issues with the developer. The owners complain that the owners’ association (OA) is not prompt…

BSA announces the launch of Spanish and Latin American Desk

The renowned regional law firm, BSA Ahmad Bin Hezeem & Associates LLP, introduce the firm’s second foreign desk in a market leading affiliation with Spanish based law firm, Lupicinio International Law Firm BSA Ahmad Bin Hezeem & Associates LLP is delighted to announce the unveiling of its latest venture, a Spanish and Latin American Desk,…

ICLG UAE Real Estate 2018 – A practical cross-border insight into real estate law

ICLG’s Real Estate 2018 guide covers common issues in real estate laws and regulations – including ownership, real estate rights, system of registration, the registry/registries, real estate market and liabilities of buyers and sellers in real estate transactions – in 27 jurisdictions. John Peacock, a Senior Associate in our Dubai office, has contributed the United Arab…