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Here are the common disputes in...
The construction industry in the UAE is one of the most significant sectors of the country's economy. However, disputes between developers, main contractors, and sub-contractors are common in the industry. In this article, we will discuss some of the most common disputes in the UAE construction industry...
- By, Pavitra Shetty
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Dubai's Smart Judicial System...
Dubai's Renting Disputes Centre (RDC), which created the first smart judicial rental system in the world, has resolved 100,000 rental claims. Within the span of nine years, RDC has boosted investor trust in the emirate's legal framework. Being the judicial arm of the Dubai Land Department (DLD), RDC...
- By, Saiprasad Upadhye
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Crypto-based purchases in Dubai’s...
Over the past 8 months, Bitcoin has fallen by nearly 57% year-to-date. It is safe to say that cryptocurrency shareholders currently have all-time low confidence in the market. This class of assets exists due to disposable income, which has been steadily diminishing as a result of several factors –...
- By, Myra Lashkari
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UAE: Types Of Rental Disputes...
Rental disputes are common among landlords and tenants. The reason for this disagreement varies in each case. Though most cases are solved peacefully between both parties, at times matters are being turned to the judiciary. When either party breaches the contract during the tenancy, the relationship...
- By, Pavitra Shetty
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Dubai Land Department gives Residents...
The Dubai Land Department (DLD) has notified all owners, developers, property management companies, and tenants to register the co-occupant details in the owned/leased properties within 2 weeks by following the 8-step process including adding personal details and the Emirates ID. The registration must...
- By, Pavitra Shetty
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Know Your Rights As A Tenant Using...
Are you planning to move from your apartment or renew your lease in Dubai? You can use the RERA calculator to determine how competitive the rates are in your neighborhood. It is essential to understand, how to utilize the Dubai rent calculator before renting out a property. After the pandemic, rents...
- By, Medha Mohan
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How to reduce mortgage costs for...
In UAE, a larger part of first-time home buyers finds it easier to get a mortgage from a lending institution. There are alternative ways for savvy investors to acquire real estate that don't involve taking on a mortgage. Here are a few ways to save money on your mortgages so you can pay less for the...
- By, Sarvi Garg
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Can a buyer terminate a property...
A contract between the buyer and the seller of the property is known as an agreement to sell. The purchase agreement can be terminated in front of the court, however since losing your employment is not regarded as a force majeure, the burden for doing so will lie on the buyer. According to Article 11...
- By, Akshit Mathur
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UAE’s construction sector is set...
Despite having a low debt-to-GDP ratio, the Gulf region's reserves were severely impacted by the dramatic decline in oil prices during the pandemic era. The Institute of International Finance (IIF) predicted that assuming an average oil price of $44 per barrel, the aggregate current-account balance...
- By, Harish K
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Unwarranted evictions and post-covid...
The law that forbids landlords from re-renting out a property after evictions, isn't benefitting the people as much as it should. The tenant may file a lawsuit if the landlord raises the rent, but most tenants don't want to spend money on a legal battle as the cost of legal justice is rising daily....
- By, Jahnavi Kosana
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Sharjah allows full real estate...
Inheritance rights for freehold property are clearly outlined in Sharjah's amended real estate legislation, which will spark a new wave of purchases from non-Arab ex-pats. Property purchases in designated freehold regions had already attracted a diverse range of nationalities throughout the year....
- By, Maitreyee Mishra
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Should the developer register...
Buying off-plan real estate refers to buying unconstructed property, during the planning phase or in the early stages of construction, usually directly from a developer.The main incentive for purchasing off-plan property is the potential for capital growth and return on investment; such properties are...
- By, Medha Mohan
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Can the developer amend the sale...
The UAE Civil Transactions Law Article 267 says that no party can revoke, modify or rescind a contract, except by mutual consent or court order. The developer does not have the right to amend the Sale and Purchase Agreement (SPA) unilaterally unless by a mutual agreement of such amendment. In...
- By, Medha Mohan
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What rights does Tenant have in...
Tenants in Dubai have the right to automatically renew their lease once the contractual period is over. This is a matter of public policy and has been provided for in Article 25(2) of the Tenancy Law, as well as previous decisions by the RSDC (Rental Disputes Settlement Centre). However, this automatic...
- By, Myra Lashkari
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Moving Out When the Lease is Still...
A tenancy contract is a rental agreement between a tenant and Landlord that must be signed before receiving the keys to the Property. A tenancy contract is mainly a legally binding agreement that allows the tenants to use the Property for a set period. According to Article 4 of the Dubai Tenancy...
How to know if your landlord has...
When deciding to rent a house, finding the right landlord is just as important as the right house. As a tenant in the UAE, you can investigate a landlord’s past rental track contract to see if there have been any rental cases filed against them. This can be done by requesting a Rental Good Conduct...
- By, Myra Lashkari
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