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Home > Middle East Today > Middle East Business > Bond Lawyers Launches its New Investment and Real Estate
Services in UAE
Understanding Investment and Real Estate Law
is Imperative to Ensure Business Success in the
Emirates
Bond Lawyers, has launched its new age
investment and real estate services in the UAE.
With considerable changes in the market since
2009, the legal framework has undergone
substantial changes which consequently call for
different standard of legal services. Eli Hyder,
Managing Partner at Bond Lawyers identified an
opportunity in the recovering investment and
real estate market – launching Bond Lawyers to
fulfill new market demands.
As property prices begin to surge again in Dubai, UAE investors need to be appraised of the new
real estate law and how it affects both – the developer and investor – before contracts are
executed, to ensure a profitable venture between all parties.
Mr. Hyder has over 18 years of diversified international work experience, providing in-depth
business and legal advice with an emphasis on commercial transactions. He states that the UAE
law – has provisions that benefit both developer and investor during times of dispute; however
investors have to be fully aware and advised of the new laws and shift in market dynamics.
Mr. Hyder, said: “Understanding the law is imperative to ensure stable investments and also to
safeguard the interest of investing parties should a conflict arise. To avert errors that have
occurred in recent years, we strongly urge potential investors to consult with lawyers about the
plethora of options available to them, throughout any transaction and particularly after contract
execution, to help them understand their rights as real estate investors, what remedies are
available to them, and what actions can be taken should they be faced with possible contract
termination in the event of a default or any other reason.”
Mr. Hyder commented further: “The legal framework in Dubai is focused primarily to provide
transparency and stability to end users and investors. This in turn increases investor confidence
Bond Lawyers Launches its New Investment and
Real Estate Services in UAE
By Joumana on October 6, 2013
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2. leading to greater protection and reassurance in the market.
Dubai is also continuously introducing legal initiatives, strata laws, and facility management
regulations that are geared towards encouraging investors and provide confidence in the real
estate market. International investors have to be informed of those initiatives, especially the ones
released in the last couple of years. Recent circulars issued by the Director General of the Land
Department have introduced extensive limitations to the latitude previously granted to real estate
developers, to cancel the registration of units purchased by defaulting purchasers, making it
increasingly more challenging for developers to manage this process.
Founded in 2012, Bond Lawyers is an independent professional law firm focused on being client
centric and comprising of well-seasoned, experienced and dedicated lawyers. The firm provides
innovative external legal counsel solutions for its clients seeking to strike an optimal balance
between quality and value added.
Bond Lawyers provides services that include: Dispute Resolution, Commercial Law, Intellectual
Property, Mergers and Acquisition, Corporate Restructuring, Real Estate as well as Banking and
Finance.
Middle East Today
About Joumana
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