Legal, Compliance & Risk
One compliance mistake costs AED 100,000 or worse. We prevent it.
In Dubai, collecting one dirham before Oqood registration or missing an escrow audit exposes you to fines from AED 100,000 up to criminal liability. DEVOS drafts the contract pack with licensed UAE counsel, registers every SPA before collection, screens buyers for AML and keeps a live risk register with automatic alerts. Problems get prevented, not litigated.
Check whether the assignment is feasible
Confirm providers, availability and required documents. An enquiry may not result in an offer.
Receive a written proposal
Identify the contracting entity, address and licence, deliverables, schedule, price, applicable taxes, payment and cancellation terms.
Accept and track delivery
Start only after written agreement on scope and terms. Define an owner, milestones, approvals and a complaints process.
Services
11Developer and project registration
RERA developer registration, project registration, escrow account opening and Oqood setup, executed with licensed partners.
~60 days
Master developer NOC management
Concept, design, mortgage and launch no-objection certificates obtained from the master developer, the party that can stop a project on its own.
~45 days
JV governance, deadlock and step-in
Reserved matters, the profit waterfall in sequence, a named independent expert for deadlock, step-in and exit rights. DEVOS drafts the mechanism, never arbitrates it.
~45 days
SPA and sales contract pack
Reservation form, booking form, SPA, addenda and payment plan, drafted and reviewed by real estate counsel.
~21 days
Transaction document pack
LOI, NDA with non-circumvention, commission agreement, introducer agreement and JV term sheet structures, delivered by licensed UAE counsel with DEVOS orchestrating the file.
~21 days
Oqood registration management
Proposed coordinationEvery SPA registered with the DLD before any collection, tracked unit by unit.
AML and KYC screening
Proposed coordinationSource of funds, PEP and sanctions screening, and goAML filings where required.
Escrow audit and milestone certification
Annual escrow audit by a RERA-approved firm and engineer certification for each milestone drawdown.
~45 days
JV and corporate contracts
JV agreements, shareholders agreements, development management agreements and supplier contracts.
~45 days
Buyer default management and recovery
Termination under the progress-linked retention regime, notices, DLD procedure and collection of arrears.
Regulatory watch and risk register
Proposed coordinationProject risk register with automatic alerts on guarantee expiry, escrow audits, permit and licence renewals.
Turnkey formulas
LEGAL PACK LAUNCH
The complete contract set, ready to sell.
~30 days
COMPLIANCE GUARDIAN
A subscription: regulatory watch, alerts and audit.
~365 days
RECOVERY
Buyer arrears recovered, paid on success only.
~90 days
Proposed scopes. Team, availability, schedule, deliverables and price require confirmation for each enquiry.