Shahram Safai
Global Guide 2024
Band 3 : Real Estate
Email address
[email protected]Contact number
+971 4 330 3900Share profile
Band 3
About
Provided by Shahram Safai
Practice Areas
Advises on real estate, construction law and related litigation and arbitration. Extensive experience advising on sale and purchase transactions, hotel management structuring and transactions, leasing, jointly owned property strategies and documentation, as well as joint ventures and shareholder transactions. Regularly represents master developers, sub-developers, property owners, architects, engineers, contractors and government entities in all stages of the real estate and construction processes. Shahram Safai was selected by the Dubai Land Department (DLD) to research and report on the issue of cancelled real estate projects, one of the most important issues facing the Emirate of Dubai. The DLD also asked Mr Safai to issue a report with recommendations on how developers can adhere to UAE real estate laws at international real estate exhibitions.
Career
Partner and head of the real estate and venture capital practices.
Professional Memberships
State Bar of California
Law Society of England and Wales
Association of Professional Engineers of British Columbia
Publications
UAE chapters in the following titles: Corporate Real Estate; Venture Capital Investment: Market and Regulatory Overview (both part of Practical Law Multi-jurisdictional Guides).
Personal
JD, University of British Columbia
Bachelor of Engineering, University of British Columbia
MBA, Missouri, USA
Chambers Review
Global
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.
Strengths
Provided by Chambers
"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."
"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."
Articles, highlights and press releases
8 items provided by Afridi & Angell
COVID-19 and Commercial Leases in the UAE
In this article, we look at the impact Covid-19 has had on commercial leases in the UAE.
On 11 January 2020 a new leasing law was introduced in the Dubai International Financial Centre, Law 1 of 2020 (the New Law); and on 14 January 2020 the associated regulations were issued (the Regulations).
Law 6 of 2019: On the Ownership of Common Property in the Emirate of Dubai
In this article we look at the major changes that the new real estate law - Law 6 of 2019 concerning the ownership of common property - will have on owners of units in Dubai.
The Private Equity, Venture Capital, and Start-up Ecosystem in the UAE: Recent Developments
In this article we summarize the recent developments implemented in the UAE that enhance the ease of doing business for private equity and venture capital funds as well as start-up companies.
New Services by Dubai Rental Disputes Centre
The Dubai Rental Disputes Centre recently launched several new services, including the Rental Good Conduct Certificate service.
Off-Plan Sales: Risks and Rewards
This article discusses the risks and rewards of Dubai’s off-plan real estate sector, and the legal protections afforded to off-plan buyers.
Changes to Law Allowing Developers to Terminate Off-Plan Sales Contracts
Law 19/2017 amends the procedures for developers to terminate off-plan sales contracts, as contained in Law 13/2008 on Interim Property Registration.
Doing Business in Sudan: Investment Opportunities
Given the recent lifting of a majority of sanctions and with the impending lifting of the remaining sanctions, Sudan offers unique investment opportunities and a welcoming business climate for the natural resources/mining industry, the agricultural industry, the livestock industry as well as others.
COVID-19 and Commercial Leases in the UAE
In this article, we look at the impact Covid-19 has had on commercial leases in the UAE.
On 11 January 2020 a new leasing law was introduced in the Dubai International Financial Centre, Law 1 of 2020 (the New Law); and on 14 January 2020 the associated regulations were issued (the Regulations).
Law 6 of 2019: On the Ownership of Common Property in the Emirate of Dubai
In this article we look at the major changes that the new real estate law - Law 6 of 2019 concerning the ownership of common property - will have on owners of units in Dubai.
The Private Equity, Venture Capital, and Start-up Ecosystem in the UAE: Recent Developments
In this article we summarize the recent developments implemented in the UAE that enhance the ease of doing business for private equity and venture capital funds as well as start-up companies.
New Services by Dubai Rental Disputes Centre
The Dubai Rental Disputes Centre recently launched several new services, including the Rental Good Conduct Certificate service.
Off-Plan Sales: Risks and Rewards
This article discusses the risks and rewards of Dubai’s off-plan real estate sector, and the legal protections afforded to off-plan buyers.
Changes to Law Allowing Developers to Terminate Off-Plan Sales Contracts
Law 19/2017 amends the procedures for developers to terminate off-plan sales contracts, as contained in Law 13/2008 on Interim Property Registration.
Doing Business in Sudan: Investment Opportunities
Given the recent lifting of a majority of sanctions and with the impending lifting of the remaining sanctions, Sudan offers unique investment opportunities and a welcoming business climate for the natural resources/mining industry, the agricultural industry, the livestock industry as well as others.
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