A number of proposals have been floating around in the media about what Dubai’s Higher Committee on Real Estate should be implementing. Ranging from a complete clampdown on new launches to government developers switching to a “lease only” model, most of these appear to be catering to specific, rather than community, interests. Personally speaking, I […]
Dubai property market should find its own solution
In recent weeks, there appears to have been a plethora of commentary suggesting that the government should take measures to halt the supply of real estate. This has contributed to a flood of negative media that has captured the attention of commentators who are concerned about the current state of the economy. I find these […]
Terminating a rental contract may not be easy
Rents in decline and you thinking of shifting to a new location in Dubai to make use of it? Think again, it may not be as straightforward as that. “There has been a clear increase in rental disputes with the Property Court since February, where the current landlords are saying they haven’t been given sufficient […]
Making a case for a legal support system for cryptos
Ever since I started commenting publicly, I have never received as much interest as I did when I wrote (and spoke) about the perils of bitcoin and crypto-assets. Even though I have always been careful to highlight that I was not an investment adviser, I have been besieged by proponents and opponents alike clamouring for […]
Bounced cheques and the legal issues to be aware of
Whether during recessions or booms, there has seldom been a topic that gets as much attention as a bounced cheque in the UAE. From a legal perspective, therefore, it is imperative that the rights of the party that has been the recipient of the bounced cheque be protected and that the procedures are clearly spelt […]