These are the terms and conditions under which you may use the services provided by Maximum Profit Real Estate LLC. Please read these terms and conditions carefully before you make use of our services. By contacting us in any way, for example by telephone or by using our website, social media channels and e-mail messages you agree to all of these Terms and Conditions.
Your responsibilities
You must be at least 18 years old to contact us, and all the details you provide us must be accurate. By using our services you guarantee that you are legally able to enter into binding agreements.
Own risk
Despite the fact that Dubai is a thriving city and its real estate sector is one of the most profitable, you should understand that investing and purchasing real estate involves risks. We never advise you to buy or invest, we only provide you with information on which you can base your own choice. We are therefore not responsible for the investments you make or their results. We are not responsible for the accuracy of the information relating to any properties or investments. You should always conduct thorough research before making a purchase or investment.
The investment agreement
A collaboration between you as an investor and Maximum Profit Real Estate LLC will only be established if there is a investment agreement which has been signed by both parties. Signing the investment agreement is binding, as are the agreements made in the investment agreement. After signing the investment agreement, you are obliged to pay the investment amount and the brokerage fee. These Terms and Conditions apply to the investment agreement. If agreements included in the Investment Agreement deviate from the General Terms and Conditions, then the agreements in the Investment Agreement are binding.
Purchase and sale procedure
In accordance with the Dubai Land Department (DLD) rules for real estate transactions in the United Arab Emirates (UAE), the purchase and sale of the real estate property takes place through a Power Of Attorney (POA). If we carry out a purchase and sale on your behalf, we only do this through a legally valid Power of Attorney (POA).
A Power of Attorney (POA) is a legal authorization that gives Maximum Profit Real Estate LLC the right to represent the investor regarding the purchase and sell of the property on investor’s behalf. The power of attorney is provided by an independent law firm and will be notarized by the public notary. The power of attorney includes, among other things, the purchase of the object itself as well as everything that this entails, including the date of purchase, purchase amount, payment terms, date of sale, sales price, etc.
Guarantee
We guarantee that your investment amount will only be used for the purchase of a building that you have agreed to as agreed in the investment agreement. This is also confirmed during the procedure of the Power of Attorney (POA). We are not liable for any delays that may occur during the procedure of purchasing a property, constructing a property or selling a property. If a property does not meet your expectations we may require you to speak or correspond directly with the Developer Company.
Return on investment
Due to the current situation within the real estate sector, and our investment formula, the expected return on investments for investors is between 30% and a maximum of 50%. We always strive to achieve these high profits for our clients, but you should always keep in mind that expected returns on real estate investments may vary. Past results provide no guarantee for the future. Therefore no rights can be derived from expected returns.
We are extremely careful in communicating expected profits, and if we communicate them to you or even include them in our investment agreement, there can be no guarantee that they will be achieved. You should understand that investing and purchasing real estate involves risks.
Our brokerage fee and profit margin
When entering into an investment and purchasing real estate, Maximum Profit Real Estate LLC charges a brokerage fee on the investment amount. Depending on the amount of the investment, this is usually between 1 and 3% of the investment amount. The exact brokerage fee will be included in the investment agreement.
Profit (Return on Investment)
Profit is defined as the positive difference between the sales price and the purchase price. There is a profit motive for both parties. We strive to achieve the highest possible profit for you as an investor and for us as a broker. The combination of Dubai’s real estate market, our unique formula, strategic investments, in-depth market knowledge and our extensive network enables us to achieve profit margins of 30% to 50%.
The following two criteria apply to profit payouts:
1. Profits realized after sale are in principle divided equally between Maximum Profit Real Estate LLC and you as an investor.
2. Maximum Profit Real Estate LLC pays out a maximum of 50% profit to you as an investor and takes the profits from 50.01% and higher for itself.
Payment Policy
Payments will only be accepted if transferred to the bank account of Maximum Profit Real Estate LLC, as indicated in the investment agreement. We are not responsible for payments that are not received or not fully received by us due to incorrect transfers. You are responsible for carrying out a correct bank transfer. Therefore, always check our bank details carefully before making a bank transfer.
Signing the investment agreement is binding, as are the agreements made in the investment agreement. After signing the investment agreement, you are obliged to pay the investment amount and the brokerage fee. You understand that after any of these payments you can no longer claim the return of these payments. You also understand and accept that the investment amount you have made as well as the profit margin achieved can only be paid out to you after the real estate property has been sold and the sales price has been paid and received.
In the event that the real estate property, for whatever reason, cannot be sold before the expected sale date as stated in the investment agreement, and therefore more payments must be made according to the project developer’s payment plan, Maximum Profit Real Estate LLC will take care of these payment obligations, unless both parties wish to make a different decision about this.
Payments by Maximum Profit Real Estate LLC will be transferred to the bank account through which the initial investment amount was transferred by the investor, unless otherwise agreed in writing.
Written communication
Applicable law requires certain information to be in writing. For contractual purposes, you agree to any electronic means of communication offerder by Maximum Profit Real Estate LLC. Any notices you give to us must be given by email to info@maximum-realestate.com
Use of content
You may use any of the information on our website, whether originated by Maximum Profit Real Estate LLC or not, only for your personal purposes. You may not use any of the information on our website, social media channels and e-mail messages for commercial purposes without the prior written consent of Maximum Profit Real Estate LLC.
Disclaimer and Liability
On the website or social media expressions and its content we make no guarantee of any kind, either express or implied, including without limitation, warranties as to quality, suitability for any purpose, compatibility, reliability, accuracy, completeness, timeliness, access or use. We are also not giving you any advice (investment, financial or otherwise) in respect of any content. All information we share is based on publicly available information which may be inaccurate or incomplete.
You are recommended to seek advice from suitably qualified professionals prior to any transaction. We shall not be liable for any losses suffered as a result of relying on our shared information. We will not be liable for loss of profits, sales, business, or revenue, business interruption, loss of anticipated savings, loss of business opportunity, goodwill or reputation, or any indirect or consequential loss or damage. We assume no responsibility for the content of websites linked to on our site and these links should not be interpreted as endorsement by us of those linked websites.
Indemnification
You agree to indemnify, defend and hold us and our affiliated companies, shareholders, officers, directors, employees, agents or suppliers harmless from any and all claims or demands, made by any third party due to or arising out of your use of our website, social media channels and e-mail messages.
Viruses
We do not guarantee that our website, social media channels and e-mail messages will be secure or free from bugs or viruses. You are responsible for configuring your own virus protection software. We will not be liable for any loss or damage caused by a virus, distributed denial-of-service attack (DDos), or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of our website, social media channels or receiving our email messages.
Intellectual Property
Our logos, trade marks and service marks may not be copied or reproduced without our prior written consent. All rights are reserved. We are the owner or licensee of intellectual property rights in the website, social media channels, information and content available on the website and social media channels, any database operated by us, any proprietary software utilised by us to enable you to use this website and social media channels (“Software”) and the underlying source code. Much of this information and content is protected by copyright, trade mark, database rights, design rights (including in the “look and feel” and other visual or non-literal elements), and/or other intellectual property rights (whether registered or unregistered). We grant you a non-exclusive, non-transferable license to use the Software solely in executable form and only to the extent necessary for use of the website and social media channels, and for no other purpose. You must not use an automated program (including, without limitation, any web-crawling or screen-scraping software or any equivalent technology or techniques), to access the website and social media channels for the purpose of collecting, obtaining and/or accumulating (or other similar activity) data or content in our website and social media channels. Any such use of an automated program is prohibited and shall be a breach of these Terms and Conditions. You may not reproduce, republish, transmit or distribute any material, information or content on our website and social media channels, or that form part of our services, without our prior written consent.
Third Parties
Our website, social media channels and e-mail messages may link to, or host advertising from, third party products and services. These links should not be taken as an endorsement of these products or services and we do not take responsibility for any misleading or inaccurate advertisements which are the sole responsibility of the advertiser. You agree to release us from claims or disputes of any kind arising from or in any way connected to such disputes with third parties.
Restrictions on Use
You agree not to: transmit any material designed to interrupt, damage, destroy or limit the functionality of our website, social media channels and e-mail messages; use any automated software to view our website and social media channels without consent and to only access our website and social media channels manually; use our website and social media channels other than for your own personal use or as an agent for sales activities; attempt to copy our data our reverse engineer our processes; use our website and social media channels in any manner that is illegal, immoral or harmful to us (including to commit or facilitate the commitment of any fraud against us); use our website and social media channels in breach of any policy or other notice on our website and social media channels; publish any material that may encourage a breach of any relevant laws or regulations; transmit materials protected by copyright without the permission of the owner; conduct yourself in an offensive or abusive manner whilst using our Websites.
General
We shall not be responsible for any breach of these Terms and Conditions caused by circumstances beyond our control. Nothing in these Terms and Conditions shall be construed to create a joint venture, partnership, or agency relationship between you and us, and neither you or we shall have the right or authority to incur any liability, debt, or cost, or enter into any contracts or other arrangements, in the name of or on behalf of the other.
Changes to the general terms and conditions
We have the right to revise and amend these terms and conditions from time to time. You will be subject to the policies and terms and conditions in effect at the time you enter into an agreement with us. Deviation from our general terms and conditions is not possible, unless required by law or the government.
Governing Law and Jurisdiction
These Terms and Conditions are governed by United Arab Emirates (UAE) law. Any disputes will be settled in UAE courts, although we may take action to enforce our intellectual property rights in any relevant jurisdiction. Any contract between you and us, including non-contractual disputes or claims, shall be governed by and subject to the legal system of the United Arab Emirates (UAE). Regarding real estate transactions, the Dubai Land Department (DLD) is the authority and the main channel that can verify and issue a statement. Any dispute or claim arising out of or in connection with any real estate transaction, including non-contractual disputes or claims, shall be governed by and is subject to the legal system of the United Arab Emirates (UAE).