This month we have a jam-packed magazine and dedicated marketing campaign, focusing on three areas; Family Business, Real Estate and Construction. We will take you on a journey that highlights how our focus areas are building for the future and the regulation being put in place that will help them get there.Take a read of the edition
Dubai International Financial Centre (“DIFC”) announced, on 14 November 2018, a new set of real estate laws and regulations:
In relation to leasing and transfer of interests
In relation to strata
The new laws and regulations represent the first significant overhaul of the DIFC’s real estate framework since 2007. However, it is certainly not the final chapter as we expect additional legislation and regulations to be introduced in the short term, notably the long awaited DIFC Leasing Law.
Al Tamimi’s Real Estate team has considerable experience and knowledge of real estate projects in DIFC. Whether your transaction involves the development of a jointly owned real estate project, acquisition and disposal of direct and indirect real estate investments or commercial letting in DIFC, we can provide the expertise you need to meet your objectives.