Considerable efforts have been carried out lately by UAE authorities to regulate the local real estate market. This has taken place through the enactment of a series of laws to setting out the terms under which foreign ownership of real estate may take place and standardising the registration of real estate and creation of escrow accounts for property developments. A new Strata Law which is expected to regulate the management of commonhold areas and the formation of Co-owners Association is currently under discussion.

BSA LLP has extensive experience in all areas of real estate law and transactions and works closely with clients to identify and develop optimum solutions to their real estate legal needs.

BSA LLP's areas of real estate related legal expertise include:

• Acquisitions and Dispositions
• Leasing
• Real Estate Management
• Hotel and Leisure
• Real Estate Finance
• Real estate litigation
• All matters pertaining to the Dubai Real Estate Regulatory Authority including registration of developers and assistance in opening escrow accounts
• Conveyancing

BSA LLP real estate clients vary from individual purchasers to large and mid sized developers and include real estate financial institutions, real estate brokers and government bodies, across the UAE.

The firm’s real estate legal professionals provide clients with support in completing complex real estate transactions. This support includes consolidated input from BSA LLP’s construction, litigation, and finance practice areas and is focused in making a full range of legal services available to real estate clients on local and regional property developments.

Sustainable growth of the UAE real estate sector is dependant on the use of innovative and flexible investment structures. BSA LLP's ability to evaluate market tendencies and resolve any legal or regulatory matters puts clients in the forefront of this rapidly growing industry.