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 […]
Hanging up on cold calls and other intrusions
There has been a number of commentators who have referred to the need for reforms in various sectors of the economy, from WhatsApp calls and the telecom sector
A public-private route to reviving stalled developments
There was quite a significant reaction to my last column regarding a structure that resembled something similar to what the US did with the RTC (Resolution Trust corporation) bailout of banks. Among the most critical responses included the “moral hazard” problem, where the government was stepping in and almost bailing out errant developers as well […]
Fast-tracking revival of stalled real estate projects
With the Schon episode, the Dubai Lands Department has boldly – and effectively – stated its intention of not tolerating errant developers. This evolution of regulation is in line with the city’s vision of becoming proactive in every sector of the economy to protect the individual with respect to his economic rights. Dubai is also […]
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 […]
UAE’s dispute laws are catching up with technology
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters.
With all investment crazes, better to read the fine print
Mis-selling of investment products is something that frequently crosses my desk in the form of complaints by investors. Over the years, there has been so much
Going about launching the businesses and tackling liabilities
Company formation has been among the most frequently asked questions in the UAE. Given the dynamic business culture the country actively fosters, it is
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 […]
Making honest brokers out of them all
For any market to be dynamic and healthy, the regulation of the intermediary is essential. It is the intermediary that on the one hand inspires confidence, and on the other instils doubt and reservation in the mind of the investor, if the code of conduct is not properly regulated. While there is always a role […]
