Real Estate Archives - Page 2 of 3 - Fichte & Co

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FICHTE WEBINAR: COVID-19 Impact on the UAE Real Estate Market

Free Live Webinar As the Coronavirus outbreak continues to affect the real estate market in the UAE, the quantum of the impact in this industry will depend on how long the economy takes to get back on track. The webinar focused on the COVID-19 impact on the real estate market, obstacles, opportunities, and the way...

Website Cloning – A Business Reality with Intricate Legal Consequences

The newest and most effective marketing tool for business exists nowadays in the digital world. Whereas a good and attractive website has all the prerequisites to have a strong impact on the market share and positioning of a firm, it has the drawback of exposing important and not always protected content to infringements. Website cloning...

Dubai International Financial Centre (DIFC) Data Protection Law 2020

A revisited legal regime and a building block for the high standards of the financial center From July 1, 2020, the date of entry into force of the new DIFC Data Protection Law, the financial center will enhance their already existing standalone data protection regime. This is expected to align the DIFC to the existing...

Developers’ Right to Terminate off Plan Sales to Defaulting Buyers. No Court Order Needed.

In 2017, His Highness Sheikh Mohammed Bin Rashid Al Maktoum issued Law No. 19 of 2017, amending Article 11 of Law No. 13 of 2008 on the Interim Real Estate Register in the Emirate of Dubai. The provisions of Law 19 of 2017 are a matter of public policy, therefore any contractual agreement that developers...

What Can a Buyer Do if Faced with a Cancelled Off-Plan Real Estate Project In Dubai?

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai and Prime Minister of the UAE, issued decree N⁰ (21) of 2013 on 23rd July 2013 concerning the formation of a special judicial committee for the liquidation of canceled real estate projects in the Emirate of Dubai and the settlement of relevant rights (Committee...

FICHTE WEBINAR: COVID-19 and Employment Law in the UAE

Free Live Webinar To help employers and employees better understand the current developments, including some temporary measures introduced in the UAE, Fichte & Co recently hosted a free live webinar. Our Associate, DR. Laura Voda and Seniors Associate, Moaz Forawi talked about the Ministerial Resolution 279, the scope and applicability, provided clarity towards the measures...

Things to Know about the “Early Leave” Initiative in UAE

Note: In continuation of our previous article, the NEW Ministerial Resolution on Employment and COVID 19 1. What is the “Early Leave” Initiative? In furtherance to Ministerial Resolution 279 of 2020 and as part of the UAE Government efforts to contain the effects of the COVID 19 pandemics in the labor market, the Ministry of...

Employers and NEW Ministerial Resolution 279 in the UAE

On March 26, 2020, the Ministry of Human Resources and Emiratization (MOHRE) issued Resolution 279 on Employment Stability in the Private Sector during the period of application of the precautionary measures aimed at curbing the spread of Coronavirus. The Resolution is aimed at protecting the non-UAE employees for the duration of COVID-19 precautionary measures applied...

Employment affected by COVID 19 in DMCC and other free zones – legal insights

Colloquially, people understand commercial free zones as areas somehow segregated from the UAE onshore territory. Whereas this understanding is mainly accurate for the financial free zones, it is to be known that commercial free zones do not depart vastly from the Federal legislation or from the local legislation in the Emirate where they are located....

Salient Q&A on the impact of COVID-19 on the labor market in the UAE

Note: THIS IS APPLICABLE FOR UAE COMPANIES THAT FALL UNDER THE APPLICATION OF THE FEDERAL LAW 8 0f 1980 AS AMENDED. GOVERNMENT ENTITIES ARE THEREFORE EXCLUDED. Can the employer oblige the employees to come to work during the Coronavirus pandemic? Whereas it is difficult to issue a clear answer to the question due to dependency...