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…
The Real Estate Law Master Class is a collaboration between DIFC AOL, LexisNexis and BSA Ahmad Bin Hezeem & Associates LLP. This Real Estate Law Course brings to life the colour and law of real estate in day-to-day settings. With a reference to a wide selection of case law, this course will enable you to…
Overview The general principles, which govern the maintenance obligations of a landlord and tenant in the UAE, are set out in Federal Law No. 5/1985 referring to the Civil Code, and further amplified in the laws of the individual Emirates. The general principles are further amplified (concretised) in the tenancy contract signed by the landlord…
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…
Owners’ associations (OA) have been in a somewhat tricky position since the introduction of value added tax (VAT) in the UAE in January. The exact rules and regulations remain unclear and at the heart of this confusion lies the simple question of whether OAs are tax exempt or not. The catch 22 position revolves…
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…
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,…
The Real Estate Law Master Class is a collaboration between DIFC AOL, LexisNexis and BSA Ahmad Bin Hezeem & Associates LLP. This Real Estate Law Course brings to life the colour and law of real estate in day-to-day settings. With a reference to a wide selection of case law, this course will enable you…
Dubai Law 19 of 2017, amends Article 11 of Law 13 of 2008, (which was previously amended by Law No 9 of 2009), will affect those purchasers who, having purchased a unit off plan, breach the sale agreement. The new law has provided further requirements and more detail to the procedures which a developer is…
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…
With the Torch Tower fire this weekend (and a small fire at Tiger Tower today) we find out what a tenants’ rights are after a fire hits the building they live in… “Although there was no loss of human lives, the property damage by the fires cannot be disregarded,” says the legal team at BSA…
As is evident from its skyline, many property units in Dubai are part of a tower development having multiple owners. Villas too are often part of a cluster of real estate units within a development. Understandably, not every owner has the same ideas and methodology in dealing with the management of developments nor bear the…