Real Estate and Construction

Александр Кукуев
■ KEY CONTACT

Ratmir Proskurnov

Partner, Head of International Legal Practice

  • description

    UCL Real Estate an Construction practice provides comprehensive legal support for real estate development projects in the UAE — from company incorporation and obtaining permits to market entry and the sale of completed properties. The team handles corporate and licensing documentation, land and property matters, contracts with contractors, investors and agents, and drafts standard offer forms and sale and purchase agreements. Particular attention is paid to compliance with RERA, DLD and municipal requirements, project financing, and the creation of a transparent asset ownership structure.

  • experience

    Land acquisition in Abu Dhabi

    Legal support for the acquisition of land plots in Abu Dhabi for the construction of a residential apartment complex for a major financial and industrial group.

    UAE business group investment project in the CIS

    Support to one of the largest private business groups in the UAE in connection with the implementation of an investment project in the CIS.

    Legal support and structuring

    Legal support for the construction of a private school in the UAE, including preparation of a roadmap, risk analysis and project structuring.

    UAE law opinion for Russian bank

    Legal opinion under UAE law for a Russian bank on the financing of the construction of a cottage settlement in the amount of RUB 2.5 billion

    Turnkey corporate and development structure

    Turnkey creation of a corporate structure, including a development company ready to conduct commercial activities and sell properties on the UAE real estate market in compliance with local regulations and international development standards.

  • list of services

    • Advising on and supporting transactions involving Real Estate assets, financing and lending for construction projects
    • Advising on regulatory matters and urban planning / zoning regulation
    • Real Estate and Construction disputes
    • Legal Due Diligence of construction projects and title to Real Estate assets
    • Preparing legal opinions on the application of MENA laws