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Dubai legal news

Property Ownership by Offshore Companies 25.04.2011 Starting January 1, 2011, the Land Department in Dubai will only register properties in the name of offshore entities registered as such with the Jebel Ali Free Zone Authority (JAFZA).
 Dubai sets new rent cap for 2011 24.04.2011 On 10 January 2011 the Ruler of Dubai issued Decree No. 2 of 2011 Regarding Rentals in the Emirate of Dubai
 Dubai sets new rent cap for 2010 05.01.2010 The new decree aims to regulate the relationship between landlords and tenants and chart a legal framework for rental matters in 2010.
Special legal framework to hear disputes against Dubai World 14.12.2009 The Dubai Government announced a comprehensive legal framework, including setting up of a tribunal headed by three prominent judges that will govern the possible bankruptcy or liquidation of Dubai World.
 Dubai Government will reduce license fees 02.06.2009 On 28 May 2009 the Dubai Government announces that it will reduce business and licensing fees by 20 to 30 per cent.
 The Firm participated in the Third CIS Local Counsel Forum 02.07.2008 Mrs Marina Fox - the founder of Marina Fox Legal Consultancy has given a speach at the third CIS Local Counsel Forum which took place in St. Petersburg, Russia on June 25-27, 2008.
Book on Dubai Laws in Russian is now on sale 23.02.2008 Marina Fox has published a book on Dubai Laws in Russian. The book is now on sale at the offices of Marina Fox Legal Consultancy.
 5% rent cap for 2008 23.01.2008 Reduction in the annual rent cap for 2008 from 7% (seven percent) to 5% (five percent) of maximum rental increase per annum.
Law on escrow accounts for Dubai real estate projects 26.10.2007 People buying properties off plan in Dubai will make their payments into special escrow accounts managed by banks, auditors and Land Department instead of directly to the property developers.