Real Estate
Global Guide 2024 : United Arab Emirates
Band 4
Email address
[email protected]Contact number
+971 4 330 3900About
Provided by Afridi & Angell
The Afridi & Angell real estate team’s in-depth understanding of the legal and business environments in the UAE and the region, combined with its strong relationships with government authorities, enables it to provide commercially astute and trusted advice to clients.
The team regularly represents master developers, sub-developers, property owners, architects, engineers, contractors and government entities in all stages of the real estate and construction processes. The team has a wealth of experience in advising on purchase and sale transactions, hotel management structuring and transactions, leasing, jointly owned property strategies and documentation, and related court cases and arbitrations.
Afridi & Angell successfully led a lawyer’s group consisting of real estate partners from major law firms with offices in the UAE in negotiating with the Dubai government to establish the legal opinion precedent to be used with respect to the newly introduced jointly owned property law’s mandatory regulatory filing requirements of Jointly Owned Property Declarations. This was a first in Dubai – setting the market standard.
We also represent clients in contentious matters involving concessions, constructions contracts, contractual payment claims, and commercial agencies.
Chambers Review
Afridi & Angell offers a strong Dubai-based real estate team which regularly assists high-profile local entities and foreign investors with matters throughout the UAE. The firm acts for a range of private clients as well as government bodies such as the Dubai Land Department. The team also possesses significant expertise in acting for property developers.
Strengths
Provided by Chambers
"It is well known throughout the country, at all levels of government and business, as a blue-chip and high-quality law firm."
"It is well known throughout the country, at all levels of government and business, as a blue-chip and high-quality law firm."
Notable Practitioners
Shahram Safai possesses strengths across the full gamut of real estate transactions, including leasing and sale and purchase agreements. Based in Dubai, he is a very experienced adviser on real estate issues and maintains a strong client following.
"Shahram Safai is very well known in the real estate industry as a go-to lawyer, offering depth and breadth of knowledge, a good sense of strategy and excellent technical skills."
"He understands the business of real estate. He is razor-sharp and, as a legal adviser, he is practical, value-driven and to the point."