TME LEGAL | DUBAI – RECHT KLAR

TME Legal – Your German Boutique Law Firm for tailored legal and tax solutions

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Legal, Real Estate

4 Feb. 2025

The Smart Rental Index in Dubai: A Legal Analysis

The Smart Rental Index is a crucial instrument for regulating the rental market in Dubai. It contributes to market stability and transparency, providing legal guidance for both tenants and landlords. However, there remains room for optimization, particularly in considering individual property characteristics and maintaining flexibility for investors. A continuous adaptation of the index to market conditions could help establish a balanced relationship between tenant protection and economic attractiveness for landlords and investors.

Omar Sami

Legal, Real Estate

29 Jan. 2025

Conversion from Leasehold to Freehold Properties in Dubai

The Dubai Land Department (DLD) has announced that private property owners in two prominent areas, Sheikh Zayed Road (from the Trade Centre Roundabout to the Water Canal) and Al Jaddaf, can convert their property ownership to freehold status. This opportunity is available to all nationalities and applies to 457 eligible plots: 128 in Sheikh Zayed Road and 329 in Al Jaddaf. The initiative is part of Dubai’s Real Estate Strategy 2033, aimed at driving growth and strengthening the emirate's position as a global hub for real estate investment.

Omar Sami

DUBAI - RECHT KLAR

by TME-Legal

At TME Legal Consultants, we offer a comprehensive array of services tailored to your business activities in the UAE. Our expert team supports you throughout the entire process, from establishing a company in the local territory or one of the various Free Zones to providing ongoing assistance as your business grows and evolves.

 

Omar Sami

Managing Partner

Attorney at German Law / Legal- & Tax Consultant

Omar is a German qualified Lawyer and Tax Consultant in Dubai. For the past seven years he has worked for a German international Law and Tax Firm in Dubai. Omar is specialized in tax consultation, covering VAT, Withholding Tax, and Corporate Income Tax in the United Arab Emirates, Saudi Arabia, and the GCC. He is in close contact with the Federal Tax Authorities, maintaining a valuable relationship and network, from which our clients benefit. Omar has published the first and only manual about UAE VAT, covering all necessary information about tax implementation in the region. He offers frequent webinars and seminars providing our clients with needful information and updates on all tax-related matters. In close cooperation with our German tax colleagues, Omar is able, to not only asses transactions but also lead the client’s market entry in the most advantageous way.

Derya Bandak

Partner

Attorney at German Law / Legal- & Tax Consultant

Derya is a German qualified Lawyer with more than 10 years of expertise in the region. For the past 10 years she was appointed as managing partner of a German international Law and Tax Firm in Dubai and Saudi Arabia. Derya is working in the legal field for more than 15 years with an in-house background as well as private practice experience in Germany; most of her professional time she spent in the Middle East Region, advising clients from Europe in the context of their market entry mainly in the UAE, but also in other countries in the GCC. Derya has wide experience in UAE labor and employment law, as well as in commercial and corporate matters. She supported clients during M&A Transactions in the Region and advised multinational companies in complex tax matters.

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