Real Estate & Property
In the lead to Expo 2020, the UAE’s built environment, particularly in Dubai, has undergone rapid transformation and is set to offer a resilient outlook. Post Expo 2020, we are likely to see the level of investment into the UAE continue to trend higher, with real estate playing a key part in sectors such as prospects across residential, industrial, retail, offices and leisure
At Galadari our lawyers have extensive experience in the real estate sector, advising leading players on a full range of topics, from project conceptualisation through to corporate structuring, acquisition of the land and its use, procurement of regulatory approvals and licenses from the Dubai Land Department (DLD) and the Real Estate Regulatory Authority (RERA), financing arrangements to the final sale or leasing to other use of the completed project. Our lawyers come from both common law and civil law backgrounds and advise both onshore and free zone entities.
Our real estate team are highly regarded and work closely with the Dubai Land Department, the Real Estate Regulatory Authority, government institutions and departments. Our lawyers are licensed to appear before all levels of the UAE Courts and in front of arbitration centres including DIFC-ILCA and ADGM and have worked on many high-value arbitrations and litigation disputes.
We have vast and up-to-date knowledge of the local laws and regulations, along with relationships across government departments, due to our long-standing local practice.
We have a diverse commercial real estate experience and our knowledge of the UAE Real Estate Law, Escrow Law and Strata Law. Drawn to the sector’s constant evolution, we have developed leading-edge and practical solutions to the issues our clients face. We help them navigate through the legal and regulatory changes which underpin the development of the real estate sector in the region.
Our clients include investors, public entities, MNCs, financial institutions, investment funds, private equity funds, hedge funds, sovereign wealth funds and high net worth individuals and companies, both in the UAE and globally who are looking to acquire real estate through on-shore or off-shore investments. Our real estate lawyers also provide legal advice for large infrastructure projects in the region. We work collaboratively with our corporate and finance teams to ensure we are in line with the wider economic, financial and legal context.
On the corporate side our real estate practice covers a commercial real estate matters including jointly owned properties, planning & development, contracts & agreements, mergers & acquisitions, restructuring, real estate funds and REITs. Our clients come from various sectors including hospitality & leisure, healthcare, government and semi-government, education and banking. They range from developers, landlords and tenants to private investors, real estate funds & REITs and financial institutions.
As well as complex real estate matters, such as procurement and disposal of real estate, day to day our team provide assistance with drafting contracts and agreements, reviewing and drafting documentation and negotiations.
Our team provide a comprehensive range of solutions which include:
- Planning & Development
- Contracts & agreements
- Real estate funds / REIT’s
- Dispute resolution