sct 011/2014

Eilwyn v Eimear [2014] DIFC SCT 011 — enforcement of beneficiary rights in a property MOU (06 May 2014)

The dispute arose from a real estate transaction involving a Memorandum of Understanding (MOU) signed on 20 November 2013. The Claimant, Eilwyn, acted as a beneficiary under the MOU, which facilitated the sale of the Defendant’s property for a net amount of AED 4,636,000.