REAL ESTATE & PROPERTY LAWS

REAL ESTATE & PROPERTY LAWS

The Firm Partners have been in the advisory of master developments for over 15 years on every detail throughout the life cycle of a project. The Firm offers comprehensive advice on development projects, ensuring the legal structure facilitates investment ease. Our experience includes advising on mixed-use waterfront developments comprising landscape and common area amenities, retail centers, office buildings, exclusive immigration/custom entry zones, residential areas, hotels, souks, and beach access rights. We possess in-depth knowledge of land rights issues common in waterfront developments, including coastal rights, and legal structures related to forward funding, taxation, and third-party financing.

The Partners have worked on some of Oman’s most renowned real estate projects, including:

1. Mina Al Sultan Qaboos waterfront project, including port entry,
2. Blue City Project,
3. Skyline Duqm (formerly Little India) on the developer's side,
4. Al Mouj Muscat on the buyer's side,
5. Muriya Development, Muscat Hills, and Khazen Project on the sub-developer's side.

and in the UAE:

1. Sugee Properties Ltd's major expansion into Ras Al Khaimah and in Dubai.

We provide comprehensive advice throughout the life cycle of the development project ensuring seamless investment structuring from:

1. Preparing a structure that caters to ring-fencing the asset owner (preferably registered outside the UAE), transferring land rights as the development, progresses, and raising finance through the financing arm of the companies,
2. Forming all UAE companies and entities within the structure, with bespoke memorandums of association,
3. Preparing the initial set of definitive agreements to implement the structure,
4. Tax efficiency and accounting policy the structure, through
5. Titling of the end units.

Other matters include:

• Construction Payment Delays: Advising and assisting a large construction company on filing off-plan construction payment delays against the developer.
• Claiming compensation for a disputed property in the register: Advising and assisting a buyer who bought an apartment in an off-plan sale and after the development fell into distress, dealing with the judicial committee order and caiming compensation before Dubai Courts.
• Notices under SPAs: Reviewing a real estate Sale Purchase Agreement in the event of a seller/developer fault and sending notices.
• Response to Eviction Notice: Preparing comprehensive legal notice representing the tenants and ensuring that eviction is cancelled, and all legal obligations were met by the landlord.
• Eviction and other legal Notices: Preparing comprehensive legal notice representing the landlords addressing issues relating to rental disputes.
• Real Estate Development and Project Licences: Supporting the registration process for real estate project and facilitated the developer, project registration and off plan permit coordinating with the regulatory authorities to ensure compliance with applicable standards.