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Whatu2019s the first thing you think of when someone mentions Dubai? Most people conjure up images of high-rise buildings and a beautiful city skyline; after all, thatu2019s what this emirate is known for. This global city attracts foreigners from all over the world, hoping to own a slice of Dubai.
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Useful Tips to Find a Real Estate Lawyer in Dubai What’s the first thing you think of when someone mentions Dubai? Most people conjure up images of high-rise buildings and a beautiful city skyline; after all, that’s what this emirate is known for. This global city attracts foreigners from all over the world, hoping to own a slice of Dubai. However, buying or renting real estate in Dubai is not as simple as it may seem. There are numerous laws to abide by before you can finally call a Dubai property your home. A quick guide to the real estate laws in Dubai Contrary to popular belief, the majority of Dubai’s economy does not rely on oil production. Most of its income is actually derived from real estate, and that has resulted in the government placing stricter regulations on who can own what. For example, Real Estate Law No. 7 was passed to reduce foreign property ownership restrictions in the city. It’s much easier for non-residents to obtain a property by renting and leasing these days. Meanwhile, Dubai’s rental property laws govern everything from apartments to residential properties, ensuring that tenant contracts are signed for at least one year. On top of that, landlords are not allowed to increase the rent until the next renewal of their lease. There are several other laws, each governing a different aspect of Dubai property ownership and investment. If you’d like to know more, it’s best to consult with a practising real estate lawyer in Dubai. Finding the best real estate lawyer in Dubai What does it take to become a reliable real estate lawyer in Dubai? As a client, you need to find legal consultants and advocates who have the right experience, preferably someone with certification from an accredited university and at least one year of legal practice training. It’s also best to look for real estate lawyers with a good set of skills, including communication, logical reasoning, decision-making, and time-management. If your search becomes too stressful, try looking into online resources such as the Legal 500’s list of UAE real estate lawyers and law firms.