Questions & Answers
Questions & Answers
6 available 6 • 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
2039
Precautions and documents needed before lending money to a friend
2
Q: Hi,
One of my friends wants to borrow AED 12000 from me. Can you advise me what are the documents I should take from him?
Regards,
C. T.

Jul 13, 2020
460
Recovering a personal loan given to a friend without documents

1
Q: I gave AED 200K amount to my friend to start up a new restaurant in Abu Dhabi.
For the last 1 year, he did not pay me anything and always have some excuses.
Need legal advice about my rights and how to handle this situation.


Dec 13, 2018
2096
How can I claim money back from a friend without a cheque or agreement?

0
Q: Hello All,
I am living in Dubai and I am financially supporting one of my friends (who runs man power consultancy in Deira) from March 2020 to this date. Now the total amount increased more than AED 275000 (AED 175000 + INR 2500000) Approx.
I keep on asking him to return the full money but he is not returning it. He is always asking for more time to return it but he has missed all the dates multiple times and he is not returning it back.
Please, any one let me know if I make a police complaint on him in Dubai, will I get my money back? Or what kind of action will Dubai police take?
I have account statements as a proof.
My friend already has police cases in Dubai for not paying rent for his house, cheque bounce...
Recently, on 27 June 2022, police arrested him but I don't know where he is now and for which case the police arrested him.


Jul 4, 2022
317
How can I get the money I lent to a friend who refuses to pay it back?

1
Q: Dear Advisors,
One of my friends borrowed AED 22,500 from me on March 2022. He said he will return the money in one month, but he didn’t.
I asked many times. After 3 or 4 months he started paying gradually. On September 16, 2022, he paid a total of AED 16,500 and promised he will pay the remaining AED 4000 as 1000 every month.
But he is not returning my balance amount of AED 4000. Now it's been almost 10 months he never shows up and hardly responds to the call. Every time commit to paying it off the next week or next month, but all just lies.
He lives in Dubai and runs a marketing business. Every time he keeps changing the date. I have WhatsApp chatting.
How can I get my money back?
Please help, your prompt response will be highly appreciated.
Thanks!


May 18, 2023
337
The debtor has stopped paying installments. Could he be arrested?


3
Q: Dear Sir/Madam,
I have a commercial execution case against an individual. The execution was completed well before the new arrest warrant amendment rule.
The debtor has paid several installments but has stopped paying since last month.
Could he be arrested, considering he is not adhering to the payment schedule set by the Dubai court?



Jan 4, 2024
222
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
148651
Federal Law No. (11) of 1992 Concerning Issuance of the Civil Procedures Code 42
The law promulgates UAE Civil Procedures Code (Civil Procedure Law) which governs civil procedures in the United Arab Emirates, including the prosecution before the courts, litigation and execution.
Feb 24, 1992
75465

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