The legal proxy may, under a duly legalized and regulated power of attorney, dispose of the client's real estates within the limits of the power of attorney granted to it as stated in the power of attorney. The validity of the power of attorney including the purposes of dispositions such as sale, mortgage and gift shall be for two years and in case of purchase, it shall be for five years from the date of notarization at the notary public.
Who is entitled to own a real estate in the emirate of Dubai?
Can I assign a real estate unit or off-plan contract to someone else before registering it?
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