Critical Legal Issues associated with Arbitration Agreement under the UAE Arbitration Law

Abstract

Despite its high cost and long procedures in some cases, arbitration may be perceived as a safe dispute resolution mechanism, at least in complex and large disputes. This may be owed to the customary unified standards internationally, the relatively high procedural flexibility, and reduced uncertainty. As arbitration is an exception to litigation depriving parties of the default litigation right; an arbitration agreement validity is key. The paper explores arbitration agreement forms under the UAE laws and identifies critical matters affecting its validity.