Dubai Power of Attorney
This Power of Attorney ("Agreement") is made on the 20th day of January 2050, by and between [YOUR NAME], residing at [YOUR ADDRESS] (the "Principal"), and the attorney-in-fact [ATTORNEY-IN-FACT'S NAME], residing at [ATTORNEY-IN-FACT'S ADDRESS] (the "Attorney-in-fact").
I. APPOINTMENT OF ATTORNEY-IN-FACT
I, [YOUR NAME], as principal, hereby appoint [ATTORNEY-IN-FACT'S NAME] as my attorney-in-fact, to act in the location and venue of Dubai, in the following matters described below as if I were personally present and acting.
II. POWERS GRANTED
The Attorney-in-fact is given the power and authority to act on the principal's behalf for the following matters:
Property Transactions: To buy, sell, lease, mortgage, or otherwise deal with any real estate property owned by the Principal within Dubai, including signing contracts, deeds, and other related documents.
Business Dealings: To represent the Principal in business transactions, negotiations, and agreements within Dubai, including entering into contracts, making business decisions, and managing business affairs.
Legal Representation: To represent the Principal in legal proceedings, including initiating or defending lawsuits, attending court hearings, and signing legal documents on behalf of the Principal within Dubai's jurisdiction.
Financial Management: To manage the financial affairs of the Principal within Dubai, including but not limited to banking transactions, investment decisions, tax matters, and signing financial documents.
General Administration: To undertake any other actions necessary or incidental to the above roles and responsibilities, including signing correspondence, attending meetings, and executing documents on behalf of the Principal within Dubai.
III. EFFECTIVE DATE AND DURATION
This Power of Attorney shall begin on the 20th day of January 2050 and shall remain in effect until the 20th day of January 2052 unless earlier revoked by the principal or terminated by operation of law.
IV. ACKNOWLEDGEMENT OF PRINCIPAL
In witness whereof, the Principal has executed this Power of Attorney on the date first above written.
Principal:
[YOUR NAME]
[DATE SIGNED]
V. ACCEPTANCE OF APPOINTMENT
The Attorney-in-fact, [ATTORNEY-IN-FACT'S NAME], hereby accepts the appointment and agrees to act under the terms, conditions, and provisions of this agreement.
Attorney-in-fact:
[ATTORNEY-IN-FACT'S NAME]
[DATE SIGNED]
WITNESS ACKNOWLEDGEMENT
We, the undersigned witnesses, certify that the Principal has signed this Power of Attorney in our presence, and we have witnessed the signing.
Witness 1:
[WITNESS 1 NAME]
[DATE SIGNED]
Witness 2:
[WITNESS 2 NAME]
[DATE SIGNED]
NOTARY ACKNOWLEDGMENT
Emirate of Dubai, United Arab Emirates
On the 20th day of January 2050, before me, a Notary Public in and for said county and state, personally appeared [YOUR NAME], known to me to be the person whose name is subscribed to the above document, and acknowledged that he/she executed the same for the purposes therein contained.
In witness whereof, I have hereunto set my hand and official seal.
[NOTARY PUBLIC'S NAME]
My Commission Expires:
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