The Risks of Signing Semi-Fictitious Long-Term Real Estate Investment Contracts

Dubai, United Arab Emirates

Saturday, October 26, 2024

Real estate consultant Tariq Al Shehhi stressed the importance of legal awareness when making a real estate ownership deal, warning against being deceived before signing semi-fictitious long-term purchase contracts, and  dealing with unauthorized advertisements.

Al Shehhi noted that some investors may fall easy prey to tempting promises from unknown real estate developers  to manage units and provide guaranteed and fixed returns on a long-term contract.

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مخاطر التوقيع على عقود استثمار عقاري شبه وهمية طويلة الأمد

مخاطر التوقيع على عقود استثمار عقاري شبه وهمية طويلة الأمد

دبي، الإمارات العربية المتحدة، السبت 26 أكتوبر 2024:

أكد المستشار العقاري طارق الشحي، على أهمية الوعي القانوني عند تنفيذ صفقة تملك عقار، محذراً من عدم الإنخداع قبل التوقيع على عقود شراء شبه وهمية طويلة الأمد، إنجراراً خلف الإعلانات غير المصرح بها.

وكشف الشحي، عن أن هناك بعض المستثمرين قد يقعون فريسة سهلة لوعود مغرية من شركات تطوير عقاري غير معروفة بإدارة الوحدات وبعوائد مضمونة وثابتة على عقد طويل المدى. 

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DUBAI TO HOST FORMULA WOMAN’S FIRST EVER GLOBAL NATIONS CUP MOTOR RACING SHOWDOWN IN DECEMBER

 50 drivers from 25 nations to compete in the Formula Woman Global Nations Cup qualifying event at Dubai Autodrome in December

 Four drivers will represent the UAE, racing against competitors from 25 countries including Saudi Arabia, Qatar, Lebanon, and India  

Inaugural Formula Woman Global Nations Cup scheduled for May 2025 in Dubai

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Step into the immersive MINI-EVerse Pop-Up

Step into the immersive MINI-EVerse Pop-Up at Alserkal Avenue on November 2 and 3

Happening on November 2 and 3 at The Yard, Concrete, Alserkal Avenue, this is not just another car display — it’s an interactive look into the heart of what makes MINI special. The MINI-EVerse will give visitors an opportunity to explore and interact with MINI models: MINI Aceman, the MINI Countryman, and the MINI Cooper 3-door. But what makes this event truly unique is the journey guests will get to embark on through seven different rooms in the pop-up, each designed to represent one of MINI’s distinct modes.

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SBA expands global publishing cooperation at 76th Frankfurt International Book Fair

The authority held 37 meetings with leading global publishers

Sharjah, October 25, 2024

As part of its strategic mission to elevate the emirate’s global cultural status, the Sharjah Book Authority (SBA) conducted 37 high-level meetings with leading publishers, booksellers, and industry experts at the 76th Frankfurt International Book Fair, held recently in Germany. Leading a delegation of key cultural institutions from the emirate, the authority showcased the distinctive opportunities offered by the upcoming 43rd edition of the Sharjah International Book Fair (SIBF), successfully securing commitments from prominent European and international publishers to participate.

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