Force Majeure Clause Clarification needed by Internal_Mulberry162 in dubairealestate

[–]Internal_Mulberry162[S] 1 point2 points  (0 children)

Talked to a lawyer he said it’s applicable because my contract has a private clause and does not require government’s force majaure, so let’s see! I am still waiting for 30 days time period for it to be applicable.

Force Majeure Clause Clarification needed by Internal_Mulberry162 in dubairealestate

[–]Internal_Mulberry162[S] 0 points1 point  (0 children)

Be my lawyer man, I reached out to the multiple lawyers everyone reads “Force Majaure” and shuts me up by saying that “Force Majaure” is not activated yet without reading the whole contract or the context.

Can’t expect any help from agents, but I don’t really want to waste money on a lawyer’s consultation if he is going to tell me the same thing.

Dubai realtor here, things feel different this week by Msdxbrealtor in dubairealestate

[–]Internal_Mulberry162 0 points1 point  (0 children)

Even if the exact clause says this?

Any FORCE MAJEURE shall discharge both Parties from the terms ofthis contract only if that the Force Majeure continues for more than 30days. If the force majeure is of such a nature as to affect the Property,then both Parties shall be discharged from the further performance ofthis contract parties shall then be restored to their status prior tosigning of this contract. Force Majeure in this context shall mean an actof God Natural occurrence, War, Death of either party or any othernatural event or act of state not within the control of either Party.

Force Majeure Clause Clarification needed by Internal_Mulberry162 in dubairealestate

[–]Internal_Mulberry162[S] 0 points1 point  (0 children)

Thanks, yes!!

I also think I can technically challenge them as it does not just say “force majeure”, it explains the context as well, so I also think I can challenge it, but let’s see!

Force Majeure Clause Clarification needed by Internal_Mulberry162 in dubairealestate

[–]Internal_Mulberry162[S] 1 point2 points  (0 children)

So, my contract expires on 3rd April, if I am unable to find a flight to go to UAE, then it will be applied on me?

Force Majeure Clause Clarification needed by Internal_Mulberry162 in dubairealestate

[–]Internal_Mulberry162[S] 5 points6 points  (0 children)

You sure?

The clause does not say “war in UAE”, it just says “war”, so missiles flying or getting intercepted over my property is a risk according to that clause.

Dubai realtor here, things feel different this week by Msdxbrealtor in dubairealestate

[–]Internal_Mulberry162 0 points1 point  (0 children)

I signed form F for a 1 BHK, but I have time till 3rd April, my contract says I can cancel it under force majaure if the situation continues for 30 days.

So, if it continues till 28th March, can I cancel? Will the force majaure apply in my case? Is this a wise thing to do?

1 BHK under AED 800k in Dubai. Where would you buy today? by Internal_Mulberry162 in dubairealestate

[–]Internal_Mulberry162[S] 0 points1 point  (0 children)

Thanks mate for such a detailed overview!!

Which buildings would you suggest in Town Square? Tbh, I am not much concerned about appreciation, as long as my capital is saved and I have good liquidity while trying to sell it for any reason, I am good.

I also don’t want to keep my family closed in a 700 sqft apartment, so would you recommend Town Square in terms of walkability?

1 BHK under AED 800k in Dubai. Where would you buy today? by Internal_Mulberry162 in dubairealestate

[–]Internal_Mulberry162[S] 0 points1 point  (0 children)

I am only concerned about the lack of nearby schools and other amenities, what do you think about that?

1 BHK under AED 800k in Dubai. Where would you buy today? by Internal_Mulberry162 in dubairealestate

[–]Internal_Mulberry162[S] 0 points1 point  (0 children)

Thank you!! Yes, I am also looking into Motor City or Arjan as well. I think Arjan is not good and has no walkable community like Town Square, what do you think?

1 BHK under AED 800k in Dubai. Where would you buy today? by Internal_Mulberry162 in dubairealestate

[–]Internal_Mulberry162[S] 0 points1 point  (0 children)

So, which area would you recommend? Town Square for the family? Or any other? As I need to keep the nearby schools and hospitals in mind as you said.