Cheapest free zone in Dubai, UAE

The UAE presents a world of opportunities, making it a favored destination for investors, travelers, and families alike. This family-friendly country and thriving business hub often prompts global investors to inquire: “Which freezone is cheapest in Dubai?”. Several economical free zones in the UAE provide enticing company packages for investors, allowing entrepreneurs to easily establish […]

Приобретение недвижимости в ОАЭ: Право собственности

Purchasing a Property in the UAE: Ownership and explained

Real estate laws in the UAE encompass a dual legal system consisting of federal laws and emirate-specific legislation. The UAE Civil Transactions Code (CTC) serves as the primary source of law for real estate transactions, covering aspects such as buying, selling, and ownership rights. Each emirate has the authority to enact its legislation to supplement […]

Manager accountable for company's losses?

Manager accountable for company’s losses?

I am a partner in a limited liability company (LLC) and I own 20% of the capital. Currently, the company is exposed to losses, and the company’s manager does not recognise these losses, and asks the partners to increase the capital to save the company, but all the partners refuse to increase the capital. My […]

If buyer received a property smaller that in agreement

If the buyer received a property smaller than in agreement

Question: A questioner from Dubai asks: 3 years ago, I bought an off-plan apartment from one of the developers, and now when I received the apartment, it became clear to me that the room sizes are small and not in conformity with the purchase agreement. Therefore, I refused to receive the apartment and asked the […]