real estate

Navigating Real Estate Escrow: A Comparative Analysis of Dubai Law No. 8 of 2007 and Its Frameworks in DIFC, ADGM, and UAE Free Zones

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Introduction to Real Estate Escrow in Dubai Real estate escrow serves a pivotal role in facilitating property transactions, particularly in dynamic markets such as Dubai. Governed largely by Dubai Law No. 8 of 2007, the escrow framework is designed to enhance trust between buyers and sellers while safeguarding buyer funds during the transactional process. This … Read more

Comparative Analysis of Dubai Law No. 13 of 2008 and Other Real Property Frameworks in the UAE

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Introduction to Dubai Law No. 13 of 2008 Dubai Law No. 13 of 2008, officially known as the “Law on the Interim Real Property Register,” was enacted to establish a comprehensive framework for real estate transactions within the emirate. This legislation plays a pivotal role in regulating the buying, selling, and ownership of property in … Read more

A Comprehensive Guide to Dubai Law No. 13 of 2008: The Interim Real Property Register

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Introduction to Dubai Law No. 13 of 2008 Dubai Law No. 13 of 2008 plays a pivotal role in the realm of real estate and property registration within the Emirate of Dubai. Enacted to enhance the regulatory framework governing real property transactions, this law was introduced in response to the rapid development and booming real … Read more

Understanding RERA in the UAE: A Comprehensive Comparison and Common Pitfalls

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Understanding RERA in the UAE: A Comprehensive Comparison and Common Pitfalls

Introduction to RERA The Real Estate Regulatory Agency (RERA) was established in 2007 as a division of the Dubai Land Department (DLD) to oversee and regulate the real estate sector in the United Arab Emirates, particularly focusing on the emirate of Dubai. RERA’s principal aim is to foster transparency and integrity within the real estate … Read more

Understanding RERA: A Case Study from the UAE Real Estate Market

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Understanding RERA: A Case Study from the UAE Real Estate Market

Introduction to RERA in the UAE The Real Estate Regulatory Agency (RERA) was established in Dubai in 2007, aiming to regulate the rapidly growing real estate sector in the United Arab Emirates. As part of the Dubai Land Department, RERA plays a pivotal role in ensuring transparency and fostering trust between property developers and buyers. … Read more

Understanding RERA in the UAE: Statutes, Regulations, and Court Practices

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Understanding RERA in the UAE: Statutes, Regulations, and Court Practices

Introduction to RERA The Real Estate Regulatory Agency (RERA), established in 2007, plays a pivotal role in shaping the real estate landscape of the United Arab Emirates (UAE). As a governing body under the Dubai Land Department, RERA was created to promote transparency and professionalism within the real estate market. The establishment of RERA was … Read more

Understanding RERA: The Real Estate Regulatory Authority in the UAE

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Understanding RERA: The Real Estate Regulatory Authority in the UAE

What is RERA? The Real Estate Regulatory Authority, commonly referred to as RERA, is a governmental body established in the United Arab Emirates (UAE) to oversee and regulate the real estate sector. RERA was formed in the year 2007 as part of the Dubai Land Department, with the explicit aim of ensuring greater transparency, compliance, … Read more

A Timeline of Filings, Decisions, and Appeals in Dubai Court of Cassation: Off-Plan Real Estate (2007)

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A Timeline of Filings, Decisions, and Appeals in Dubai Court of Cassation: Off-Plan Real Estate (2007)

Introduction to Off-Plan Real Estate in Dubai Off-plan real estate refers to properties that are sold before their construction is completed. This practice has gained significant traction in Dubai, particularly since the property market began to flourish in the early 2000s. Potential buyers are often attracted to off-plan projects due to lower initial prices, the … Read more

A Comparative Analysis of the Dubai Court of Cassation Decision on Off-Plan Real Estate (2007) and Its Impact on Businesses

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A Comparative Analysis of the Dubai Court of Cassation Decision on Off-Plan Real Estate (2007) and Its Impact on Businesses

Introduction Off-plan real estate refers to properties that are sold before they are built, allowing investors the opportunity to purchase at lower prices compared to fully completed developments. This practice has become notably prevalent in Dubai’s dynamic property market, attracting both local and international investors seeking promising returns. The allure of off-plan properties lies in … Read more

Impact of Dubai Court of Cassation on Off-Plan Real Estate Jurisdiction and Arbitration Strategies

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Impact of Dubai Court of Cassation on Off-Plan Real Estate Jurisdiction and Arbitration Strategies

Introduction to Dubai’s Legal Landscape Dubai’s legal framework is distinctive, reflecting both its modern aspirations and traditional roots. The emirate operates under a mixed legal system, which includes both civil law and Islamic law principles. Over the years, Dubai has developed a robust regulatory environment to facilitate various sectors, including real estate, which plays a … Read more