The Dubai International Financial Centre (DIFC) Courts and Emaar Properties have entered into a cooperation agreement to promote the Wills Service provided by the UAE’s first English-language common law court.
The cooperation agreement will promote awareness and consideration across Emaar Properties’ portfolio of this unique public Wills Service, giving both investors and residents additional protection on real estate investments in the country.
The Wills Service, which was launched through a partnership between the DIFC Courts and the Government of Dubai, to allow non-Muslims who are investing and living in the UAE to pass on their assets and appoint guardians for their children in line with their wishes through the registration service.
“The UAE is home to over eight million expatriates, many of whom have settled in the country and purchased a home for their family. In addition, the UAE has welcomed and enabled many foreign investors to make property investments. The DIFC Courts have, therefore, created a mechanism that can contribute to final peace of mind where the property is concerned. This new alliance with one of the UAE’s flagship developers will ensure another layer of awareness for those choosing Dubai and the UAE as a destination for property ownership.”
Ahmad Matrooshi, Executive Board Member, Emaar Properties, said, “The partnership with the DIFC Courts underlines Emaar Properties’ commitment to delivering the highest quality of living to all our customers. Emaar Properties remains focused on progressing at great speed with all of our projects and we are committed to providing our residents with exceptional service and safety.”
As part of the UAE Government’s commitment to effectively employ advanced technologies and digital platforms to continue services to the public during COVID-19, last year the DIFC Courts leveraged its digital infrastructure to offer videoconferencing for Will registrations.
The new system now allows the Testator and two witnesses to join in on the video conferencing call from different locations. The system also permits an approved Will to be directly uploaded on the system and to affix electronic signatures.
Remote registrations add an additional layer of digital access to the current Virtual Registry for Wills, which allows those living overseas to create and register a DIFC Courts Will.
The DIFC Courts also provide an online automated drafting service for Property Wills, with comprehensive explanatory notes.