Few regions of the world are experiencing the growth in property developments at the pace and size as that occurring in the UAE, particularly in Dubai and Abu Dhabi.
However, property transactions in the region present particular challenges for both local and foreign investors. Each emirate has its own land laws and this is further complicated by the existence of various "free zones", some of which also have individual land laws.
As a consequence, the location of a property in the UAE and the legal status of the vendor and purchaser are of particular importance. To add to the complexity, property law in the UAE is continually developing and changing as more sophisticated rules and regulations are proclaimed.
Our legal consultants at Lutfi& Co provide experienced advice on all aspects of real property related transactions, including sale and purchase of residential, commercial and industrial property, master planning and regulatory requirements for developments, shared facilities and common ownership agreements, joint developments and property joint ventures, facilities management, asset management agreements and strategies, plus all leasing, landlord and tenant matters.
The highly experienced team provides advice and services in relation to the following: