Athr Real Estate partners with law firm to offer free legal advice for their clients and prospective investors in Dubai

At Athr Real Estate, we advise all those who are tending to the investment world to take two main steps; to educate themselves in the real estate area, as well as selecting reliable partner before starting their journey.

Athr Real Estate and Yaqoub Al Maazmi Advocates and Faragallah and Alali Legal Consultancy agreed to build collaboration by signing a memorandum of understanding (MoU) on key legal issues pertaining to planned or existing investment in UAE real estate. The MoU signing took place at Athr offices in Dubai Design District, on Thursday, 01 April 2021.

The MoU was signed by Mr. Abdulaziz Alarfaj, founder and CEO of Athr Real Estate, and Mr. Yaqoub Al Maazmi, lawyer and founding partner of Yaqoub Al Maazmi Advocates and Faragallah and Alali Legal Consultancy, formalizing a five-year mutual commitment in complimenting each other's expertise and service offerings, particularly in commercial and legal advice on all aspects of real estate investment in the UAE.

Commenting on the signing of the agreement, Abdulaziz Alarfaj, founder and CEO of Athr Real Estate said: "With a solid framework of laws and regulations that protect the rights of buyers, Dubai has long proven to be an attractive investment destination, particularly to the new generation of young Saudi investors we are serving [OR: attracting]. We take pride in constantly adding value to our clients, who can now benefit from free expert legal advice right from the outset of building their wealth with us.”

Lawyer Yaqoub Al Maazmi added: “Buying a property is the preferred choice for numerous investors, with many focusing primarily on location and appeal as key parameters for their return on investment. As a law firm, we are not only obligated to, but committed to shift that focus and highlight the need to understand the laws associated with the purchase and management of property."

As an independent brokerage that handpicks long-term value projects, Athr Real Estate acts as a wealth management company that guides young investors with unique investment opportunities and creative solutions for buying, selling, renting, and maintaining property as part of the asset mix.

The MoU coverage is focused on free legal consultation and practical recommendations for all types of property-related contracts and transactions established through Athr Real Estate. The service is protected by attorney-client privilege and available to buyers, owners, and sellers alike, who will also benefit from special discounted legal service fees for long-term advocacy on legal issues with applicable UAE laws.

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