DUBAI: The UAE’s first English-language custom-based law court has consented to a collaboration agreement with Emaar Properties to advance its wills service among the real estate giant’s buyers.
The Dubai International Financial Center (DIFC) Courts’ wills service, set up in 2015, permits non-Muslims who are putting resources into the UAE to pass on their resources and appoint guardians for their children.
The agreement will help greater awareness for Emarr’s clients, “offering both investors and residents additional protection on real estate investments in the UAE,” the court said in a statement.
“The UAE is home to over eight million expatriates, many of whom have settled in the country and purchased a home for their family. In addition, the UAE has welcomed and enabled many foreign investors to make property investments,” Justice Omar Al-Mheiri, deputy chief justice at DIFC Courts said.
There is increasing interest from foreigners in purchasing properties in the UAE, mainly in the luxury real estate market.
“This new alliance with one of the UAE’s flagship developers will ensure another layer of awareness for those choosing Dubai and the UAE as a destination for property ownership,” Al-Mheiri added.
The Dubai court has also launched an integrated online system for will registrations, permitting investors to complete the process remotely, mainly useful during the pandemic.
“Remote registrations add an additional layer of digital access to the current Virtual Registry for Wills, which allows those living overseas to create and register a DIFC Courts Will,” it said in a statement.