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Law Update: Real Estate, Construction & Hotels
The regional real estate, construction and hospitality sectors have been turned upside down over the last two years, with Covid-19 bringing these sectors to a halt. The impact of the pandemic remains, however, the resurrection of these vital sectors across the region is a welcome relief because they support the development of modern cities, which in turn have attracted commerce and tourism to the Middle East and North Africa.
This latest edition of Law Update, provides vital insights, updates and commentary on the latest trends taking shape across the real estate, construction, hotels and leisure sectors. The articles within this edition cover a broad range of topics, from what’s next for real estate in Dubai, to commentary on Saudi real estate, a market that is set to become the main bedrock of the region for years ahead. You will find articles on reforming real estate laws in Qatar, foreign investment and ownership in Oman, and mitigating risks on hotel construction projects and the lessons learnt from Covid.
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Our Private Client Services team acts as your trusted in-house counsel, offering strategic, creative, and bespoke solutions for your succession and estate planning, private wealth and family law requirements.
The Al Tamimi & Company Private Client Services is unique in the local market; we are a dedicated team of lawyers with a depth and range of experience spanning the MENA region. We advise our clients and implement legal and practical solutions ranging from setting up businesses and family structures, tax planning, luxury asset transactions and protection, estate planning, probate and solving disputes out of court via mediation and settlement.
We also advise on family law matters, whether divorce, custody, alimony, and maintenance claims, as well as pre-nuptial or post-nuptial agreements. We have experts on both local sharia laws and cross border disputes, which our expatriate clients find invaluable when it comes to advising and representing them in personal status matters before the UAE courts.
We appreciate that solid estate and succession planning will ensure that future generations reap the rewards. Because we understand this, the team operates with the ethos that the decisions we make today impact our future; this principle lies at the core of every advice and support we provide our clients with.
A significant part of the work carried out by the Private Client Service team relates to Wills (assets & guardianship) and probate. This applies to both non-Muslims and Muslims (sharia compliant wills). This is often sensitive and difficult for our clients, we always remain supportive in our approach with you and are here to ensure that you and your family can navigate through this complex and sensitive process with the least amount of disruption.
We work closely with our global network and make important introductions that connect you to the right support and advice for your international business affairs, whether they be international law firms, financial institutions, tax advisors, accountants, education, and real estate consultants.
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