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Breach of contract in terms of saleable area of an apartment Question: Two years ago, I had bought an apartment from a developer and had paid for it in full. However, now, upon taking possession of the apartment, it has become clear to me that the total area of the apartment is less by 20 per cent of the area that had been mutually agreed upon in the sales contract. My question is, do I have the right to file a lawsuit to cancel the sale contract because the area of the apartment does not fulfil what the contract says? Answer: The buyer can file a case to cancel the sale contract if the size of the apartment or any of its promised facilities add to the obligation of the purchaser beyond what he or she has intended to purchase or change the nature of the transaction unless of course the difference is negligible and it does not contradict the purpose sought by the purchaser. To decide whether the difference is negligible or not and whether it contradicts the purpose sought ....
Three expats based in UAE win Dh333,333 each from weekly Mahzooz draw in Dubai gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.
Property pick up The reverse is the case when despair takes over. In Dubai, after years of price declines, real estate and equity markets have perked up, (especially at the top end of the spectrum in the case of the former), as capital returns to the market. Concerns regarding oversupply have suddenly abated, and despite the reduction in the population, the future looks brighter than ever as the vaccination drive and the upcoming Expo has revived sentiments about economic life returning to normal. This despite the challenges that still remain in the system. Suddenly, there is a sense that all will be well, and in this case, the pessimists, who have been calling for further price declines have been caught off guard. ....
Abu Dhabi: The Ministry of Foreign Affairs and International Cooperation (MoFAIC) held a virtual workshop with European Union officials on April 5-6, discussing the importance of a multi-agency approach to parallel investigations. The sessions explored ways to employ Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) intelligence to disrupt and dismantle illicit networks. The sessions also addressed cooperation among relevant institutional participants on the domestic and international levels. Key law enforcement entities across the UAE benefited from the skills and knowledge exchange, including the Ministry of Interior and the Public Prosecution. The workshops focused on the importance of knowledge and discussed building a standardised and comprehensive understanding of criminality and the individuals involved in organised crime across the country, in addition to the interconnectedness of international organised crime networks. ....