Questions & Answers
Questions & Answers
8 available 8 • View allRecovering a personal loan advanced to a friend

3
Q: I lent AED 90000 to my friend as a personal favour in 2016, to help his business. We agreed without interest on repayment.
I have taken his personal cheque as a security. No agreement made. My friend is not returning the money as agreed.
I want to make a written agreement with my friend now.
Please advise on the procedure for this in the UAE.


Oct 18, 2018
2019
Claiming back money lent on interest to a friend

2
Q: My friend borrowed money from me for AED 50,000 and issued a cheque of the same amount as a guarantee drawn against her business account under sole establishment.
We also signed an agreement that she will pay 7% each month for 6 months as an interest. In short, it's been more than a month she has not returned the AED 50,000 to me and I already presented her cheque and got bounced for insufficient funds.
Can I file a civil case directly against her for bounced cheque without filing a criminal case first?
What if my friend tells the court that I lend money with interest and showed the agreement we signed, will the court punish me or put me in jail?
Kindly advise, what is the best thing to do?


May 17, 2020
456
Claiming a loan given to a friend without written agreement
22
Q: Dear Sir,
I have given some money (AED 185,000) to my friend for his business purpose, almost 18 months before. Now, he does not return my money back.
I didn't have any legal agreements or security cheque. I transferred this amount from my account to his account. Can I proceed with a case?
Please suggest me, Sir.
Thanks
Mohammed Rashid

Sep 10, 2018
6056
A friend borrowed money and is paying back in small installments, what to do?
2
Q: My friend borrowed 10k dirham from me. She isn’t paying them back.
She is paying a very small amount like 200,300 per month. If I file a case, then can the court help me to get back the full amount of money in one installment?
Or will the court allow paying slowly because her salary is 3k per month? And if she pays slowly in installments, then I’ll have a loss because I need to build my house and I need all money.
What should I do?
Please help!

Apr 5, 2021
328
Recovering an amount of money lent to an acquaintance without a guarantee
1
Q: I live in the UAE and have lent a large sum of money to an acquaintance. I did not take any signature on the documents, however, I have in the past sent her a formal email and also have chats asking for the money back.
The person is constantly making excuses and does not seem to have any intention of paying.
What action can I take?

Jul 1, 2021
370
How to recover an amount of money lent to someone?
3
Q: Hi sir,
Can you help me with a legal notice request as someone borrowed money from me and still hasn’t returned it yet?
Can you let me know what information do you need as well as the fee for the notice?
Thank you!

Aug 22, 2021
271
Recovering an amount of money from a friend while having only his full name


1
Q: Dear sir/madam,
I am from the UK and a friend borrowed money in the region of £50,000 (GBP) and moved away to Dubai for supposed heart operations. I have WhatsApp messages with them promising to pay me back but they have since blocked me and done credit card fraud in my name and sent the money to themselves in Dubai.
3 out of the 5 banks have concluded their investigations here in the UK and confirmed I was a victim of fraud. I am still waiting for the remaining 2 banks to conclude their investigations.
In the meantime, I have lost my savings of £50,000 after helping a friend who claimed they needed money for Hospital Operations in UAE and bills, etc. I have bank statements to prove the money owed to me.
Is there anything I can do?
Thank you!



Aug 24, 2022
226
How to recover money when the borrower disappeared without a security check?




2
Q: Good day,
One person owes me 50,000 dirhams and was supposed to return the entire amount, including the monthly investment with 5% interest.
However, he has suddenly disappeared and is not returning the principal amount or the interest. I have not received any security check from him.
Can I take him to court or explore other options to ban him in this country?





+2
Dec 7, 2023
124
Laws & Regulations
2 available 2 • View allFederal Law No. (5) of 1985 On the Civil Transactions Law of the United Arab Emirates 96
The provisions of this law, promulgating UAE Civil Code, govern the civil transactions in the United Arab Emirates. The commercial transactions remain subject to the laws and regulations applicable in their regard.
Dec 15, 1985
148510
Federal Law No. (10) of 1992 On Evidence in Civil and Commercial Transactions 14
The provisions of this law On Evidence in Civil and Commercial Transactions (Law of Evidence) govern evidence in civil and commercial disputes in the UAE.
Jan 15, 1992
19119

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