Questions & Answers
Questions & Answers
3 available 3 • View allHow to reschedule bank loan payments in case or leaving the UAE
0
Q: Good afternoon,
I’m a doctor who lives and works in the UAE. I have a current personal loan which I’m paying it regularly but I have a better offer to move and work in the UK.
Is there a way to contact the bank and reschedule my loan payments and pay them from the UK?
Obviously, this will need more scheduled payment years as my salary in the UK will be less than the UAE.
To make it clear, instead of paying my loan in 4 years as here in the UAE, can I schedule it to 8 years?
Thanks!

Jun 9, 2020
1081
Payment of an outstanding loan from abroad after leaving
14
Q: Hi Hari,
My name is P.
I have a question for you, hoping a better clarification from you. I am working in the UAE and I have taken a loan of AED 150,000 from a bank.
Till date, I have paid my monthly dues without fail. I am planning to change my job outside the UAE.
What are the steps that I should follow?
Is it possible for me to pay my loan amount in the UAE while staying outside the UAE?
Kindly advice.

Sep 17, 2019
9170
Missing bank EMI's and possible consequences in the UAE
0
Q: I have around AED 66,000 total credit card amount pending with 5 banks. I have missed 2 payments now.
What are the consequences I should foresee in this situation? What are the possible solutions?

Oct 2, 2019
690
Legal blog
1 available 1 • View allThe Consequences of Job Loss and Defaulting on Financial Liabilities 26
The management of individual financial affairs is crucial and all the actions must be weighed down while committing to any financial liability. Whether it's job loss that may have lead to financial failure or the opposite, one must be aware of the personal liability which will not diminish by paying fines for cheque bounce cases. There are two major types of liabilities, criminal liability and civil liability. Each has its own significance, hence, must be dealt with accordingly.
Feb 12, 2019
18906
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
148437
Federal Law No. (18) of 1993 Issuing the Commercial Transactions Law 19
This Law applies to merchants, as well as to all acts of commerce carried out in the UAE by any person even though he be not a trader. Commercial matters regarding which specific Federal laws are issued shall be subject to the provisions of such laws, and to the provisions hereof which do not contradict with said laws.
Sep 7, 1993
33028

Other answers by
5 5 answers •
View allThe right action after cancelling the project of a purchased property 0
Hi,
I have purchased a property in Dubai in 2014 and was promised for handover after 6 months, but didn't complete.
In 2018, the property was ceased by the land dept but the project where we had our unit was 90% complete so it was not cancelled and now they gave it to a new developer to complete it and hand it over.
We were told by the land dept now to contact the new developer for registration and handover. Now almost 2 months passed we have sent multiple emails to the new developer but no response from them. Not even acknowledged.
What should we do in this situation?
We have paid the full amount.
Oct 20, 2020
403
How to evict a tenant who is abroad and does not pay the rent? 0
Hello,
I wonder if you can help me out.
Basically, I appointed an estate agent for my apartment. They signed a one year contract with the tenant. The tenant is out of the country now. The first-year contract finished in February this year.
He did not renew the contract although he was saying that he will come to pay arrears and sign a new contract. Now he said he doesn't have any money and is not coming back.
My estate agent is telling me that I can't get into my property because the tenant may claim he had valuables in the apartment.
What can I do?
Oct 14, 2020
535
Compensation in lieu of notice period in case of reducing the agreed term 0
Dear Jassim,
I am an employee with a private firm on an unlimited contract. I have resigned and my contract mentions a notice period for 60 days, however, I want to serve only 30 days due to other issues.
The company force me to serve full 60 days period. Can I use "compensation in lieu of notice" and pay for the 30 days notice or can they company (if they want) still put a one year ban on me?
Regards
Oct 7, 2020
417
Claiming remedies after developer's breaching of the contractual obligations 0
Hello there,
I want to understand if there is any form of consumer rights protection for customers under real estate projects. I have paid for 80% of an off-plan property which when we put a down payment 5 years ago was supposed to be a premier luxury community.
Over the years, the community has dropped many of the features of what was marketed like a rain forest and greenery. Currently, it's not only the community that was marketed on their brochure but quality and finish are also extremely poor.
Simple things like fire alarms or sprinklers which I thought to be mandatory for villas in the UAE aren't put. They have been harassing me to make the final hand over and final payment.
Even though, we have told about the never-ending snags and even missing sqft and basic layout of the townhouse. I didn't expect this from a prime builder. We chose to take a sustainable green community even though far from the city assuming the luxury and finish would be there.
Extremely disappointed and feel scam.
Please advise!
Oct 4, 2020
827
Writing a will in the UAE by married Muslim expats 0
Hi,
We are Jordanian married couple living in Dubai, and we have 2 queries:
1. As we don't have kids, we would like to write a will. How can we do that and what are the procedures? (P.S: We are Muslims)
2. My husband bought a property in Jordan and he would like to put it under my name, as it is challenging to travel to Jordan considering the situation, can we do the procedure here in Dubai?
Thanks!
Sep 30, 2020
365
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