REGISTERING WILLS FOR NON-MUSLIMS IN DUBAI Dubai’s legal framework for Wills has been developed to accommodate the diverse needs of its expatriate and local communities. The process and types of Wills can vary depending on your religion, residency status, and the assets you hold. Below are details of the Will registration process for non-Muslims in Dubai: Types of Wills in the Dubai: 1- Will registration in DIFC (Dubai International...
Is Cryptocurrency a Viable Option for Real Estate Transactions in the UAE? Paying for Real Estate in Dubai with Cryptocurrency Cryptocurrency is gaining popularity as an alternative payment method in real estate transactions across the UAE. With the country’s forward-thinking approach to blockchain technology and digital assets, crypto is becoming an attractive option for buyers and sellers. One of the main benefits of using cryptocurrency...
Escrow accounts are pivotal in UAE financial transactions, promoting security and trust between parties. This guide offers a thorough overview of how escrow accounts function under UAE law, detailing their purpose, legal framework, benefits, and key considerations. What is an Escrow Account? An escrow account is a financial setup in which a third party, called the escrow agent, holds and manages the funds involved in a transaction between two...
Charter Legal takes pride in serving as the Gold Sponsor of Dubai Arbitration Week (DAW), 2024. We invite you to join us on November 14th, 2024, Thursday at the Waldorf Astoria, DIFC, for the CIArb UAE Branch Seminar. Dubai Arbitration Week emphasizes the UAE's unique arbitration framework, which encompasses various arbitration venues, including the Dubai International Financial Centre (DIFC), the Abu Dhabi Global Market (ADGM), and traditional...