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Provided by Shahram Safai
Shahram heads the firm’s real estate and tax teams. He has been highly sought after by boards and shareholders for strategic legal advice. He is active in lobbying for and providing constructive feedback to government organisations regarding regional laws and regulations pertaining to private equity/venture capital investment, corporate governance, tax and real estate.
Advises on real estate, construction law and related litigation and arbitration. Extensive experience advising on sale and purchase transactions, hotel management structuring and transactions, leasing, jointly owned property strategies and documentation, as well as joint ventures and shareholder transactions. Regularly represents master developers, sub-developers, property owners, architects, engineers, contractors and government entities in all stages of the real estate and construction processes. Shahram Safai was selected by the Dubai Land Department (DLD) to research and report on the issue of cancelled real estate projects, one of the most important issues facing the Emirate of Dubai. The DLD also asked Mr Safai to issue a report with recommendations on how developers can adhere to UAE real estate laws at international real estate exhibitions.
Shahram also advises clients with respect to joint ventures, acquisitions and doing business in the region. Such advise involves investment fund formation, compliance advice, sanctions advice, anti-money laundering implications, and agency matters.
He is a regular speaker at seminars on legal developments and current issues in doing business, private equity, real estate and construction law. At the invitation of the Government of Dubai, Shahram regularly lectures on legal matters and policy. He was Chairman of the Board for the Canadian Business Council of Dubai and the Northern Emirates in previous years.
Prior to joining Afridi & Angell in 2002, Shahram was an associate at the law firm of Cooley in Palo Alto, California advising clients with respect to private equity / venture capital and mergers and acquisitions.
Partner and head of the real estate and tax practices.
State Bar of California
Law Society of England and Wales
Association of Professional Engineers of British Columbia
Corporate Real Estate: Market and Regulatory Overview (Practical Law Multi-jurisdictional Guides).
JD, University of British Columbia
Bachelor of Engineering, University of British Columbia
MBA, Missouri, USA
English
Farsi
University of British Columbia
Juris Doctor
University of British Columbia
Bachelor of Engineering
Provided by Chambers
Shahram Safai possesses strengths across the gamut of real estate transactions, including sale and purchase agreements. Based in Dubai, he is a very experienced adviser on real estate issues and maintains a strong client following.
Provided by Chambers
Shahram is very well respected for his ability and results.
Shahram is very professional and knowledgeable in his area.
Shahram Safai is one of the most experienced lawyers I have worked with.
Shahram is very well respected for his ability and results.
Shahram is very professional and knowledgeable in his area.
Shahram Safai is one of the most experienced lawyers I have worked with.
8 items provided by Afridi & Angell
COVID-19 and Commercial Leases in the UAE
In this article, we look at the impact Covid-19 has had on commercial leases in the UAE.
On 11 January 2020 a new leasing law was introduced in the Dubai International Financial Centre, Law 1 of 2020 (the New Law); and on 14 January 2020 the associated regulations were issued (the Regulations).
Law 6 of 2019: On the Ownership of Common Property in the Emirate of Dubai
In this article we look at the major changes that the new real estate law - Law 6 of 2019 concerning the ownership of common property - will have on owners of units in Dubai.
The Private Equity, Venture Capital, and Start-up Ecosystem in the UAE: Recent Developments
In this article we summarize the recent developments implemented in the UAE that enhance the ease of doing business for private equity and venture capital funds as well as start-up companies.
New Services by Dubai Rental Disputes Centre
The Dubai Rental Disputes Centre recently launched several new services, including the Rental Good Conduct Certificate service.
Off-Plan Sales: Risks and Rewards
This article discusses the risks and rewards of Dubai’s off-plan real estate sector, and the legal protections afforded to off-plan buyers.
Changes to Law Allowing Developers to Terminate Off-Plan Sales Contracts
Law 19/2017 amends the procedures for developers to terminate off-plan sales contracts, as contained in Law 13/2008 on Interim Property Registration.
Doing Business in Sudan: Investment Opportunities
Given the recent lifting of a majority of sanctions and with the impending lifting of the remaining sanctions, Sudan offers unique investment opportunities and a welcoming business climate for the natural resources/mining industry, the agricultural industry, the livestock industry as well as others.
COVID-19 and Commercial Leases in the UAE
In this article, we look at the impact Covid-19 has had on commercial leases in the UAE.
On 11 January 2020 a new leasing law was introduced in the Dubai International Financial Centre, Law 1 of 2020 (the New Law); and on 14 January 2020 the associated regulations were issued (the Regulations).
Law 6 of 2019: On the Ownership of Common Property in the Emirate of Dubai
In this article we look at the major changes that the new real estate law - Law 6 of 2019 concerning the ownership of common property - will have on owners of units in Dubai.
The Private Equity, Venture Capital, and Start-up Ecosystem in the UAE: Recent Developments
In this article we summarize the recent developments implemented in the UAE that enhance the ease of doing business for private equity and venture capital funds as well as start-up companies.
New Services by Dubai Rental Disputes Centre
The Dubai Rental Disputes Centre recently launched several new services, including the Rental Good Conduct Certificate service.
Off-Plan Sales: Risks and Rewards
This article discusses the risks and rewards of Dubai’s off-plan real estate sector, and the legal protections afforded to off-plan buyers.
Changes to Law Allowing Developers to Terminate Off-Plan Sales Contracts
Law 19/2017 amends the procedures for developers to terminate off-plan sales contracts, as contained in Law 13/2008 on Interim Property Registration.
Doing Business in Sudan: Investment Opportunities
Given the recent lifting of a majority of sanctions and with the impending lifting of the remaining sanctions, Sudan offers unique investment opportunities and a welcoming business climate for the natural resources/mining industry, the agricultural industry, the livestock industry as well as others.