Real Estate Property Lawyers in Dubai, UAE [ADG Legal]

ADG Legal Offers skilled real estate and property lawyers in Dubai, United Arab Emirates, are equipped to provide experienced legal counsel for any real estate and property law matters. Make an appointment right away!

ADG Legal Working with qualified real estate lawyers in dubai, UAE. Our partners are skilled with property lawyers in Dubai. Make an schedule right away!

Know The Basics Of The Real Estate Laws Of The UAE

In UAE, only UAE nationals, GCC nationals or companies/ entries owned by such nationals can acquire real estate property. When it comes to ex-pats, the property can be acquired only in designated areas in a given emirate. For instance, in Dubai, the designated areas include, amongst others, Business Bay, Burj Khalifa, Palm Jumeirah, Emirates Hill, Jumeriah Islands, Dubai Marina etc. Despite these limitations, the UAE real estate market is one of the most coveted markets in the world, especially that of the emirate of Dubai. Recent years have seen the UAE government opening up the real estate market for ex-pats to a larger extend allowing for more investments. As part of the new initiatives, the government has introduced the concept of both a five-year and a ten-year residency visa that can be acquired through real estate investments. 

 The UAE being a federation of seven emirates, with each emirate governed by its own ruler and local government brings in the application of the local laws along with federal laws. This is especially true when concerning property laws.

  The UAE federal laws especially the civil transactions law of the UAE constitutes the primary source of law governing real estate transactions. Part four of the civil transaction law exclusively deals with property rights as well as the rights of ownership, while part five includes the principles governing real property as well as its derivative rights and framework. In addition to these, there exists local legalization in force specific to each emirate. Due to this distinctive and special characteristic of the UAE laws, it is crucial that property laws and procedures be rightfully understood in depth by approaching a commercial real estate attorney. only such specialized lawyers can advise you on the local rules and practices of each emirate and guide you on real-estate transactions.

 Property Types:

The UAE provides the following property rights to its citizens as well as ex-pats:

Freehold: This type of property right provides the most complete form of ownership as the owner is vested with complete rights to a given property unlimited in time. For this reason, freehold property is the most sought-after property rights and investment option for ex-pats in the UAE.

Usufruct: This type of property right allows for the right to use a given property only for a limited time period. A usufruct right, however, imposes certain restrictions such as the use and advantages of the usufruct property is allowed short of the destruction or waste of its substance. It is essentially hence not a complete right.

Lease: This constitutes a common property right that allows for the right to a property for a limited time period and depending on the same is often referred to as a ‘short term lease’ or a ‘long term lease’.

Musataha: This type of property right, allows the owner of the Musataha right to be able to both use the property for a limited time period as well as to have construction rights on the given property or land. Unlike freehold property, Musataha does not confer complete property rights and imposes limitations in the form of time as well as usage.

In a property market, people often enter into deals based on a subjective vision, which can often lead to legal issues in the long run. Ensure that you are taking bankable legal advice before entering into any property deals. Property deals are often high-value transactions therefore you need to ensure that you are approaching a law firm that can have credible expertise in handling high-value transactions. If you are looking for a property lawyer with long standing experience in advising real estate transactions as well as in real estate litigation and arbitration matters, then you may choose one of the top International Law Firms & Lawyers In Dubai & Abu Dhabi, UAE.

Selling and Purchasing of a Property in Dubai

The UAE is a dynamic and constantly growing country in the field of real estate and other businesses. Real estate law is basically a part of civil law that covers all the rules and regulations of using temporary or permanent land.

Property lawyers in Dubai cover a wide range of property laws associated with the ownership and rental of property. Moveable and immoveable properties are divisible according to civil law. Moveable property is basically personal property, whereas immovable property is real estate.

Process for buying an off-plan property or home from a private seller

In Dubai, the process of purchasing a property is not so complicated, but the procedures are quite different for buying every type of property. 

Agreement and conditions

The buyer and seller must prepare the terms and conditions of selling and buying the property. A person who is going to buy the property must read out the terms first and then sign a memorandum. These terms and conditions do not bind both the buyer and seller legally.

At this time, the buyer must pay the initial ten percent of the total deposit. After that, if a mortgage is required, then a buyer must obtain it. When the formal transfer of things is taken place after signing the terms and conditions, the buyer needs to pay the full amount at this time.

Reservation     forms

To buy off-plan property, a buyer must need to fill out the reservation form developed by the selling organization. In this form, all the conditions are mentioned for purchasing the property. Property lawyers in Dubai are playing an important role in this type of agreement.

This consent mentions all the details about the payment plan as well as the personal details about both the seller and the buyer. Before drafting this sale and purchase agreement, a buyer must pay a deposit of 5-20%. If a mortgage is necessary, then a buyer will obtain it to buy a property.

Conclusion

Property lawyers in Dubai are playing an important role to help their clients in getting property legally. The government of the UAE has developed laws associated with real estate and property. These laws are difficult to handle, so property lawyers are hired by people.

They are offering their services in other states such as Ajman, Fujairah and Abu Dhabi, etc. to aid people in protecting themselves from being a victim of any fraud. The majority don’t know about the rules, so people sell them their illegal properties, which will be trouble for them.

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Real Estate Property Lawyers in Dubai, UAE [ADG Legal]

ADG Legal Offers skilled real estate and property lawyers in Dubai, United Arab Emirates, are equipped to provide experienced legal counsel for any real estate and property law matters. Make an appointment right away!

ADG Legal Working with qualified real estate lawyers in dubai, UAE. Our partners are skilled with property lawyers in Dubai. Make an schedule right away!

Conciliate your Dispute without Litigation. #LawfirmsinUAE #lawfirmsinDubai #onlinelawyersinDubai #consultantsindubai #dubailawyers #corporateslawfirmsinDubai #lawyersDubai #legalconsultants #propertylawyersinDubai #Dubailaw #UAElaw #alsharifadvocates #alshariflawyers #alsharif https://www.instagram.com/p/B18IzxnATms/?igshid=x52dz5s1r2c3

we provide our UAE based clients with legal counsel on issues relevant to conducting business in the US, European and CIS markets. #International #Corporate #Transactions include, but not limited to: ✔️Joint ventures and commercial acquisition agreements ✔️Manufacturers’ representation and sales agency contracts ✔️Supply and distribution agreements ✔️Licensing and franchising agreements #LawfirmsinUAE #lawfirmsinDubai #onlinelawyersinDubai #lawconsultantsindubai #dubailawyers #corporateslawfirmsinDubai #lawyersDubai #legalconsultants #propertylawyersinDubai #Dubailaw #UAElaw #alsharifadvocates #alshariflawyers (at Sofitel Dubai Downtown) https://www.instagram.com/p/B1vMCMpARiW/?igshid=14vsdm79syli9

ARBITRATION is a form of Alternative Dispute Resolution outside the court process. The parties of a dispute refer it to the arbitration and agree to be bound by the arbitration decision. #LawfirmsinUAE #lawfirmsinDubai #onlinelawyersinDubai #lawconsultantsindubai #dubailawyers #corporateslawfirmsinDubai #lawyersDubai #legalconsultants #propertylawyersinDubai #Dubailaw #UAElaw #alsharifadvocates #alshariflawyers #alsharif #arbitration #alternativedisputeresolution #alternativedispute #disputeresolution (at Sofitel Dubai Downtown) https://www.instagram.com/p/B1ams88Ah0B/?igshid=grk3ci6k0a5b

Online Activities that could land you in prison: Illegal use of media services through a network or any IT Means #Lawfirmsinuae #commerciallawyersindubai #lawfirmsindubai #onlinelawyersindubai #lawconsultantsinduabi #dubailawyers #aviationconsultants #shippinglawyersindubai #corporateslawfirmsindubai #lawyersdubai #legalconsultants #propertylawyersindubai #dubailaw #uaelaw #alsharifadvocates #alshariflawyers #alsharif (at Sofitel Dubai Downtown) https://www.instagram.com/p/B1TPZJrA37Y/?igshid=otv13o1nu2ec

Conciliation , Arbitration, Mediation

Conciliate your Dispute without Litigation. #LawfirmsinUAE #lawfirmsinDubai #onlinelawyersinDubai#consultantsindubai #dubailawyers #corporateslawfirmsinDubai#lawyersDubai #legalconsultants #propertylawyersinDubai #Dubailaw#UAElaw #alsharifadvocates #alshariflawyers #alsharif

Alternative Dispute Resolution

In this form of ADR, the concerned parties mutually come to an acceptable decision. Conciliation involves a Conciliator selected by the concerned parties to arrange the Conciliation process. The Conciliator makes no decisions; his function is to assist the parties in understanding the dispute, provide structured discussion and to help the parties reach a unanimous decision regarding the settlement of the dispute. This form of ADR is well-suited for parties who prefer to preserve their relationship.In general, our ADR practice includes, but is not limited to the following:

✓ Stipulating in the contract or in a subsequent agreement (in writing) to refer to any dispute that might arise between the client and customers/ suppliers/employees to one or more Arbitrator

✓ Making provisions in the contract or agreement, the procedure for submission of claims and that in the event of any claim, the customers/suppliers/employees cannot suspend their obligation under the contract and the Court and/or

✓ Arbitration proceedings can commence after the completion of the work

✓ Drafting of the Arbitration Agreement

✓ Acting as an Arbitrator or representing the client in arbitration proceedings 

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Al Sharif Advocates is licensed by the UAE Ministry of Justice, having rights of audience before all UAE Courts, both Local and Federal. Our advocates have extensive experience both as prosecutors and defense counselors and are able to represent clients at all stages of litigation and in virtually every field of legal practice including: #ArbitrationConciliation#CommercialLaw#CorporateLaw#CriminalLaw#ConstructionDispute#IntellectualProperty#RealEstateDevelopment#MaritimeAviationLaw#RentCommitteeCases#defense #justice  #uae  #dubai  #litigation  #licensing  #rights  #extensions  #legalpractice #legalconsultancy#Lawfirmsinuae #commerciallawyersindubai#lawfirmsinduabi #onlinelawyersindubai #lawconsultantsinduabi #dubailawyers #aviationconsultants #shippinglawyersindubai #corporateslawfirmsindubai #lawyersdubai #legalconsultants #propertylawyersindubai #dubailaw #uaelaw #alsharifadvocates #alshariflawyers #alsharif