Home / People / Geoff Smith
Portrait ofGeoff Smith

Geoff Smith

Partner
Head of Real Estate

Contact
CMS (UAE) LLP
Level 15 Burj Daman
Dubai International Financial Centre
Burj Daman
PO Box 506873
Dubai
United Arab Emirates
Languages English

Geoff is a Partner and head of the real estate team in Dubai. He advises on all forms of real estate in the UAE, with particular focus on large scale development and investment transactions, and leasing in the office and retail sectors. He has over 10 years’ Middle East experience since relocating to the UAE in 2012 and has been involved in some of Dubai’s largest real estate transactions.  He is responsible for managing the firm’s real estate clients in the UAE and acts for a number of UAE stock exchange listed companies, private companies and high net worth individuals. 

Geoff is Co-author of Commercial Real Estate in the United Arab Emirates 2015/2016 Practical Law Global Guide and is often sought out for market commentary in Arabian Business and Gulf News.

Geoff has presented to a wide range of property personnel including co-presenter of Dubai Real Estate Legal Landscape – ‘Knowing Your Rights and Avoiding Potential Pitfalls’ organised by the Dubai Chamber of Commerce, co-presenter ‘Real Estate in the UAE - The Amazing Decade’ organised by The American Business Council of Dubai & Northern Emirates and presenter ‘Real Estate Agreements - Do's and Don'ts’ organised by the Dubai Chamber of Commerce.

Geoff is ranked in both Legal 500 and Chambers.

more less

"Geoff Smith has extensive market knowledge and is well liked by his peers, as well as being easy to deal with and a fair negotiator."

Chambers, 2023

"Geoff Smith a smooth operator and knows the local market very well. He is practical and very easy to deal with."

Chambers, 2023

Relevant experience

  • Aldar Properties PJSC in the sale of The Westin Abu Dhabi Golf Resort & Spa.
  • Aldar Properties PJSC in the acquisition of Nurai Island Hotel and Resort, Abu Dhabi, together with Development Islands.
  • Aldar Properties PJSC in the acquisition of Abu Dhabi Business Hub for AED 550m.
  • Tesla in its first lease of showroom premises in the UAE.
  • Ernst & Young in the lease of their new Middle East Headquarters in Dubai International Financial Centre.
  • Global Student Accommodation in the sale and lease back of the first dedicated student accommodation facility in Dubai.
  • Sweid & Sweid in the development, construction, agreement for lease, lease, option agreement, acquisition and subsequent sale of VISA Middle East headquarters building in Dubai.
  • Union Properties PJSC in the sale of iconic serviced apartment building in Dubai for AED 230m.
  • Union Properties PJSC in the portfolio sale of real estate with value of AED 2.2bn.
  • Union Properties PJSC in the sale of a retail mall in MotorCity Dubai for over AED 500m.
  • A joint venture property company in the purchase of a bespoke mixed use hotel, retail and residential development in Dubai with end value of AED 500m.
  • A DIFC registered company with advising, negotiating and completing head office lease of 45,000 square feet in Burj Daman, Dubai International Financial Centre to Allen & Overy LLP.
  • A Singapore and Hong Kong Fund in negotiating and completing office lease agreements of 90,000 square feet in Burj Daman, Dubai International Financial Centre to Schlumberger Holdings Limited.
more less

Education

  • 2001 – LLB, Aberdeen University
more less

Feed

13/06/2023
UAE Corporate Tax Law: When does a non-resident juridical person have a...
BackgroundThe UAE enacted its Corporate Tax Law (the “CTL”) in December 2022 (Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses). The CTL came into force on 1 June...
14/12/2022
CMS advises Aldar Properties on its partnership with Nobu Hospitality in...
International law firm CMS has advised Aldar Properties PJSC (Aldar) on its exclusive partnership with Nobu Hospitality to develop a new luxury hotel, branded residences, and a fine dining experience...
23/05/2022
CMS advises on launch of Aldar Logistics
International law firm CMS has advised Aldar Investment, the investment business of Aldar Properties PJSC, on its acquisition of a 70% equity interest in Abu Dhabi Business Hub, valued at more than AED...
30/04/2021
United Arab Emirates
Recent work highlights Real Estate Advised Global Student Accommodation Group on the sale and leaseback of the first purpose-built student accommodation scheme in Dubai. Advised Omagine LLC on the $2.9bn Omagine Project, for the development of approximately 245 acres of prime beachfront land facing the Gulf of Oman. Advised Omnivest on contract documentation in relation to a $1bn integrated tourist complex at Salalah in the Sultanate of Oman. Advised Union Properties PJSC on the $150m sale and development of Auto Mall in Dubai. Advised MGGT, a Kuwaiti headquartered education provider, on all aspects of the land purchase from Aldar and de­vel­op­ment/con­struc­tion of The Arbor School, Abu Dhabi (a tier 1 premium British curriculum school). Advised EY in taking a lease of 120,000 square feet of office space in ICD Brookfield Place in the Dubai International Financial Centre. This letting is one of the largest office lettings in Dubai for many years and will be EY’s new Middle East Headquarters. Advised Sweid & Sweid on the acquisition of a musataha interest from TECOM for the development of a new 100,000 square foot build-to-suit building in Dubai Internet City to lease to Visa as their Middle East HQ. Hotels Advised Corinthia on the management agreement and related contracts for the Corinthia of Meydan Beach five-star hotel and residences development in Dubai. Advised Al Marjan Island LLC (part of the RAK Government) on the management agreement and related contracts for the development of a 450 key Barcelo All Inclusive resort on Al Marjan Island. Advised Crowngate International on the management agreement and related contracts with Minor Group for the four-star Avani Resort development in RAK, UAE. Advised Al Naboodah Real Estate on the “manchise” agreements and related contracts with Millennium & Copthorne for Studio M Hotel on Al Ittihad Road, Dubai. Advised the owner on the development of a 500-key hotel in Dubai Marina on management agreements and related contracts with Millennium & Copthorne. Advised a global media group on a hotel franchise agreement for the development of a cartoon-themed hotel in Dubai. Financing Advised a UAE investor on the development financing of a collection of warehouses in Dubai. Advised Shariah compliant banks in the UK on real estate acquisitions, refinancings and developments with an aggregate value exceeding £1bn. Advised a UAE family office on the acquisition and associated financing of several commercial office premises. Advised a national pension fund on a bifurcated conventional and Shariah compliant financing of two properties in the Netherlands. Advised a Saudi family conglomerate on the financing of a student accommodation investment platform.
09/03/2021
Service Charges: a tug of war between management companies and property...
Introduction Dubai Law No. 6 of 2019 with respect to Ownership of Jointly Owned Properties in the Emirate of Dubai (the “Law”) was introduced in September 2019,which repealed in full Law No. 27 of...
21/01/2021
CMS advises Aldar Properties on sale of Abu Dhabi Golf Complex
International law firm CMS has advised Aldar Properties PJSC on the sale of The Westin Abu Dhabi Golf Resort and Spa, including the Westin Hotel and the Abu Dhabi Golf Club, to a private investor for...
17/06/2020
Law and regulation of rental agreements in the UAE during Covid-19
Updated on 31.03.2020 1. Is a lessee eligible for rent reduction due to a significant decline in footfall and consequently its turnover as a result of COVID-19? If the rent, or at least part of it...
03/06/2020
Landmark Court decision relating to UAE Federal Tax Authority penalties
Since the introduction of VAT in the United Arab Emirates on 1 January 2018, there have been some differing opinions with interpretation and application of the applicable VAT laws and regulations. This...
21/01/2020
The new DIFC leasing law
A new Dubai International Financial Centre (“DIFC”) leasing law was recently announced - DIFC Law No.1 of 2020 (the “Leasing Law”), which came into force on 14 January 2020. It applies to leases...
25/07/2019
Can AI unlock the potential of smart buildings
The physical and digital worlds are becoming ever more deeply intertwined in all facets of life. The built environment is no exception. The increasing prevalence of internet of things (the in­ter­con­nec­tion...
15/05/2019
Good news for international property investors in Abu Dhabi
Following the announcement of recent legislation, Abu Dhabi is the next Emirate to follow in the footsteps of Dubai by allowing non-UAE/GCC nationals to be able to acquire freehold property rights in...
10/01/2019
Registration requirements for overseas entities owning UK property – draft...
A draft Bill has recently been published to set up a register to be maintained by UK Companies House for beneficial owners of overseas entities that own UK property. Once the register has gone live (intended...