Clyde&Co is legal advisor to DFF on its property tech Sandbox

Clyde & Co has announced it will take the role of lead legal adviser to the Dubai Future Foundation (DFF) on its property tech Sandbox. The project is aimed at fostering innovation in the real estate sector.

Dubai Future Foundation

Founded in 2016, the foundation’s mission is to keep Dubai innovative and attractive.

Property Tech Sandbox

The company aims to foster a regulatory environment that accelerates the adoption of emerging technologies in Dubai’s real estate sector.

Sandbox Dubai is a comprehensive platform that aims to facilitate a structured approach to regulatory reform. It will allow businesses to test their products, services, and business models in a dynamic regulatory environment.

The initiative seeks to foster collaboration among stakeholders from both the public and private sectors to accelerate the pace of regulatory modernization, specifically in the real estate sector.

Clyde&Co advising team

Clyde & Co’s cross-border and cross-practice team is led by Liam Hennessy (right), Brisbane, Peter Hodgins (left), Dubai, and Tom Bicknell (center), Dubai, all digital assets and financial services regulatory partners.

Peter Hodgins said: “This is an innovative mandate and particularly interesting in terms of regulation and digital assets, and where they intersect with traditional markets in new and complicated ways. […].”

paolo.cannazza@lcpublishinggroup.com

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