Real Estate Development & Musataha Agreements
We were engaged by a prominent real estate client to draft a strategic Musataha agreement fully compliant with UAE Civil Code provisions and Dubai Land Department regulations. Key features included:
→ A 30-year term with renewal provisions
→ Structured financial obligations and revenue mechanisms
→ Reversion of ownership of all constructions upon expiry
→ Restrictions on assignment and mortgage
→ Clear termination and default remedies
This ensured long-term asset protection and sustainable investment returns.
- Category:Drafting of a Comprehensive Musataha Agreement