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New Deadline for Compliance with UAE Law on Commercial Companies

The UAE Cabinet has postponed the deadline for compliance with Federal Law No.2 of 2015 on Commercial Companies. Initially, commercial companies were expected to comply with the new requirements before 30 June 2016. Companies that did not amend their Memorandum and Articles of Association by this deadline would be subject to dissolution and fines. However,

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Off-Plan Developers Cannot Increase Cost of Off-Plan Units on Handover

Dubai’s Real Estate Regulatory Authority (RERA) recently stated that off-plan investors cannot impose extra costs on investors after sale. This statement is issued following news in the media that Dubai-based developer “ACW Holdings” was demanding extra costs on handover. In some cases, the cost of the properties the investors had agreed to buy increased by

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Real Estate Brokers in Dubai Are Sanctioned from Making Unsolicited Telephone Calls to Property Owners

The practice of so-called “cold calling” is prohibited in Dubai. It is defined as the act of making an unsolicited visit or telephone call to someone in an attempt to sell goods or services. Dubai Land Department (‘DLD’) has recently released the following statement: “Real Estate Regulatory Agency (‘RERA’), the regulatory arm of DLD, has

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New Regulations Governing the Leasing of Holiday Homes in Dubai

According to a press release, the Dubai Department of Tourism & Commerce Marketing (DTCM) has updated its regulations relating to holidays home in order to become more competitive. These new regulations are particularly aimed at private homeowners. Private homeowners are now allowed to apply for a holiday home license without obtaining the prior approval of

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New UAE Federal Law No. 3 of 2016 on Children’s Rights (Wadeema’s Law)

A law to protect children against all forms of negligence, exploitation and physical and psychological abuse shall come into force 3 months from its publication in the official gazette on 12 April 2016. The law stipulates children’s basic rights to live and be safe, and that all competent authorities and concerned bodies have to work

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