Thursday, June 17, 2021

UAE: Emaar, DIFC Courts Partner for Expat Property Protection

The agreement will encourage greater awareness and consideration across Emaar Properties’ portfolio of this unique public Wills Service, offering both investors and residents additional protection on real estate investments in the UAE.

Launched through a partnership in 2015 between the DIFC Courts and the Government of Dubai, the Wills Service was established to enable non-Muslims who are investing and living in the UAE to pass on their assets and appoint guardians for their children in line with their wishes through a Will registration service.

As a part of the UAE Government’s commitment to effectively employ advanced technologies and digital platforms to continue services to the public during Covid-19, in 2020 the DIFC Courts leveraged its digital infrastructure to offer videoconferencing for Will registrations.

Deputy Chief Justice Omar Al Mheiri said: “This is a public service designed and introduced to provide people with choice. 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. The DIFC Courts has, therefore, created a mechanism that can contribute final peace of mind where property is concerned,” he noted.

“This new alliance with one of the UAE’s flagship developers, will ensure that another layer of awareness for those choosing Dubai and the UAE as a destination for property ownership,” he added.

Ahmad Matrooshi, Executive Board Member, Emaar Properties, said: “The partnership with the DIFC Courts underlines Emaar Properties’ commitment to delivering the highest of quality of living to all our customers.”

“Emaar Properties remains focused on progressing at great speed with all of our projects and we are committed to providing our residents with exceptional service and safety,” he added.

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