A query has been raised regarding the compensation clauses in property agreements in Dubai. Specifically, what can be done if a developer does not deliver a property as per the agreed timeline? Understanding the Legal Framework For those considering an investment in off-plan properties in Dubai, it’s essential to be aware of the legal provisions that govern such transactions. Key regulations include Law...
Question:I’m considering purchasing an off-plan property from a developer in Dubai. What legal steps should I follow before finalizing the purchase agreement? If the property isn’t delivered by the agreed-upon date, can I legally ask the developer to cancel the agreement? Can the property be registered under my name, my wife’s, and our three children? I’d appreciate your guidance. Answer:To...
Are you an expatriate or foreign investor exploring property options in Dubai? Before you make a decision on your ideal home or investment property, it’s crucial to grasp the contrasting concepts of property ownership in Dubai for non-citizens. Prospective property buyers and investors must acquaint themselves with the disparities between leasehold and freehold ownership in Dubai to make an informed...
The Middle East is known the world over for its super-tall buildings. At 828m in height, Dubai’s Burj Khalifa, developed by UAE-headquartered developer, Emaar Properties, holds the current record for the world’s tallest completed man-made structure. WSP | Parsons Brinckerhoff’s Dean McGrail tells James Morgan that, if challenges related to vertical transportation can be overcome, the sky really is...
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