DIFC Courts protects property assets with Emaar Properties cooperation agreement
DUBAI, 5th June, 2021 (WAM) The Dubai International Financial Centre (DIFC) Courts and Emaar Properties have signed a cooperation agreement to promote the Wills Service provided by the UAE’s first English-language common law court.
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.
Justice Omar Al Mheiri, Deputy Chief Justice, DIFC Courts, 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 con