If you are thinking of buying, selling or renting a property in Dubai, then the first thing you will need is a Real estate lawyer Dubai. Many people think that property transactions are easily done through agents and documents, then why is a lawyer needed? But the reality is that as attractive as the real estate market of Dubai is, the rules and regulations in it are also strict. In such a situation, the guidance of a lawyer keeps both your money and property safe.
Also, if you do not live in Dubai and want to manage your property sitting in India or any other country, then the most important thing for that is Power of attorney Dubai. This document allows your trusted person to work according to your rights. But here a big question arises – how much does Power of attorney Dubai cost and what is the right way to get it made? Let’s understand it in simple language.
Why is a Real Estate Lawyer necessary in Dubai?
Suppose you thought of buying an apartment in Dubai. You found a good location and the deal also seems good. But did you check whether the property is in the name of the real owner or not? Is the land involved in any legal dispute? And is the transfer of ownership happening according to the rules of RERA (Real Estate Regulatory Authority)?
This is where the role of a real estate lawyer Dubai begins. For you, they:
- Check the valid ownership of the property.
- Read all the contracts thoroughly and ensure that there is no legal problem in it.
- Get the sale, purchase or rent agreement made according to the rules of RERA and DLD (Dubai Land Department).
- If there is ever a property dispute, then represent you in the court.
In simple words, the lawyer acts as a safety net for you. Thousands of foreign investors buy property in Dubai and many of them get cheated due to lack of proper legal advice. That is why Real estate lawyer Dubai is a guarantee of trust for you more than money.
Power of Attorney Dubai – Why is it necessary?
Now imagine that you live in India but you have property in Dubai. You cannot go to Dubai every time and handle the deal, paperwork or tenant related issues. In such a situation, the best way for you is to get a Power of attorney Dubai.
Power of attorney (POA) is a legal document through which you give the right to a close relative, friend or professional to take property related decisions on your behalf.
For example:
- If you want your friend to rent your property and collect rent, then this is possible with POA.
- If you want your brother or lawyer to sell your property, then this right can also be obtained with POA.
- Banking, rental agreement or real estate transaction – your attorney can do everything on your behalf.
That is, for those who have property in Dubai, Power of attorney Dubai is a kind of “legal pass” through which your work gets completed even without your presence.
Power of Attorney Dubai Cost – How much does it cost?
This question comes to almost everyone’s mind – How much does Power of attorney Dubai cost?
Actually its cost depends on some factors:
Type of POA –
- If you get a POA made only for property renting and management, then the cost will be less.
- But if you want to give major rights like property sale, purchase and banking, then the fee may be a little higher.
Notarization and Attestation –
To make the POA valid in Dubai, it has to be registered with Dubai Notary Public. For this, a fee of 500 to 2000 AED can be charged.
Legal Drafting –
If you write the POA yourself, then the cost may be less, but if you get it made by a professional real estate lawyer Dubai, it can cost you 1000 to 3000 AED.
Translation –
If your POA is not in Arabic language, it is mandatory to translate it into Arabic. There is a separate fee for this as well.
Simply put, Power of attorney Dubai cost can range from around 1500 to 5000 AED, depending on the type of your POA and the lawyer’s fees.
Real Estate Lawyer and POA – Relationship between the two
Now you must be thinking that when you have got the POA made, why do you need a lawyer? Actually, both these things are related to each other.
- Real estate lawyer Dubai drafts the POA for you so that there is no legal mistake in it.
- He ensures that the POA is valid according to the laws of Dubai.
- The lawyer guides your attorney in the right way so that your property is always safe.
That is, if the POA is a “key” for you, then the lawyer works to fit that key in the “lock” correctly.
Real experience of property dealing in Dubai
Suppose, an NRI named Rohit wanted to buy an apartment in Dubai. He thought that the agent will take care of everything, why spend on a lawyer. After the deal, he came to know that there is already a bank loan on the property and now he got stuck in a case.
On the other hand, Seema also bought a property but she first got all the documents checked by the Real estate lawyer Dubai. The lawyer got him a clean property and his name was safely registered in DLD.
That is, hiring a lawyer is not an “expense” but an “investment”.
Whom to choose for Power of Attorney?
Always give POA to a trustworthy person. This can be your:
- close relative
- your lawyer
- or a professional legal consultant.
Never give POA to a person whom you do not trust completely, because POA can also be misused.
Conclusion
The Dubai real estate market is a golden opportunity for foreigners, but it also carries legal risks.
- A real estate lawyer Dubai is a safety net for you that helps you at every step related to property.
- On the other hand, Power of attorney Dubai safely hands over your rights to a trusted person in your absence.
- And if we talk about Power of attorney Dubai cost, then it can be between 1500 to 5000 AED depending on the type of your POA and the lawyer’s fees.
So if you are thinking of buying, selling or managing property in Dubai, then first consult a good lawyer and get a Power of attorney made as per your need. This is a smart investment and this will save you from future hassles.
Final Word:
The best way to stay safe in the real estate game in Dubai is –
A trusted real estate lawyer Dubai and the right Power of attorney.
FAQs – Real Estate Lawyer Dubai and Power of Attorney
Q1. Why is a real estate lawyer necessary in Dubai?
Answer: Dubai’s real estate market is highly regulated. A real estate lawyer Dubai checks property ownership, verifies contracts as per RERA and DLD and protects you from any legal disputes.
Q2. How much does a power of attorney Dubai cost?
Answer: Power of attorney Dubai usually costs between 1500 and 5000 AED. This includes notary fees, translation charges and lawyer’s drafting fees. The actual cost depends on the type of POA and the lawyer’s service.
Q3. Can I make a power of attorney without a real estate lawyer Dubai?
Answer: Yes, you can get a POA made yourself, but there is a high chance of legal error. A real estate lawyer Dubai drafts it correctly so that your POA remains valid and safe according to Dubai laws.
Q4. Who should I give power of attorney to in Dubai?
Answer: Always give POA to a trustworthy person like your close relative, friend or lawyer. Remember, giving POA in wrong hands can be risky. So the safe option is to give it to a professional real estate lawyer Dubai or a legal consultant.
