Dubai court orders investor to pay Dhs150,000 in a debt case

The Dubai Civil Court of First Instance ordered an Asian investor to pay Dhs150,000 to a compatriot investor after a dispute over a personal loan which the first had acknowledged through a debt acknowledgment and the guarantee of 4 vehicles.

The court also ordered him to pay court fees, expenses, and lawyer's fees, and rejected the request to register the four vehicles in the plaintiff’s name, as they were provided as collateral for the debt in case of non payment.

The details of the case date back to the time when an Asian investor filed a lawsuit against a compatriot investor, demanding the enforcement of a debt acknowledgment signed in July 2025, for a debt which the defendant received after depositing 4 vehicles as collateral.

He also requested to be enabled to register the 4 vehicles if the debt was not repaid.

The lawsuit was referred to the competent court, which clarified that the case documents included a document signed by the defendant acknowledging the debt, and that he did not attend the court sessions despite being legally notified, nor did he provide any evidence of repayment or refute the validity of the acknowledgment, thus the debt was established.

Regarding the request to transfer ownership of the four vehicles, the court stated that the documents lacked official proof of the defendant's ownership of them, in addition to the fact that the repayment of the debt obviates this request, which is considered a subsequent enforcement procedure, thus necessitating its rejection.

Accordingly, the court ordered the defendant to pay Dhs150,000, court fees, expenses, and lawyer's fees.