Dubai is one of the fastest growing metropolitan cities, not just in the region but in the world.
The Real Estate Sector’s prominence in UAE is apparent from the high number of office units, hotel units, retail spaces, logistics warehouses, industrial units, hospitality structures and residential units available for investors. Greater extent of real estate transactions, especially in sale of residential units, happen through ‘off plan’ sale agreements in the UAE. Our team has expertise with these ‘off plan’ sale agreements dispute which often arise between the parties when the developer delays the completion of the project on time or the buyer delays the payment of purchase price instalments. We also assist with vetting of documents and sale agreement prior to the purchase transaction, which may prevent and protect our Client from potential adverse consequences. Chancery chambers also assist the Real estate companies with legal compliances such as drafting of the Jointly owned property declaration (JOPD). Further, we have assisted our clients in disputes arising out of the unapproved changes made by the developer in the plan of the building.