Terms and Conditions

Welcome to 1XL Infra (the "Website"). These Terms and Conditions (the "Agreement") govern your use of the Website and the services offered by 1XL Infra, a real estate development company in the UAE. By accessing or using our services, you agree to comply with and be bound by these terms. If you do not agree to these terms, please refrain from using the Website.

Acceptance of Terms

By accessing or using the Website and its services, you acknowledge that you have read, understood, and agree to be bound by this Agreement. If you do not agree to these Terms, you must immediately cease using the Website and any associated services. These Terms apply to both individuals and entities using the Website.

Eligibility

You must be at least 18 years old and legally capable of entering into a binding contract under the laws of the UAE. If you are accessing the Website on behalf of an organisation or corporation, you represent that you have the authority to bind such organisation to these Terms. The services offered are not available to individuals or entities prohibited by law from participating in real estate investment or development activities.

Services Provided

1XL Infra provides real estate development, investment opportunities, and related services, including:

• Real estate development and construction of both residential and commercial properties.
• Investment opportunities, including joint ventures, off-plan properties, underwriting, redevelopment, and ready-to-move-in properties.
• Property management (future service expansion) to provide clients with end-to-end services.

These services are provided for lawful use in the UAE and are subject to market conditions. You agree to use these services only for lawful purposes and in accordance with these Terms.

User Responsibilities

You agree to:

• Provide accurate, current, and complete information when registering or using the Website.
• Keep your account information confidential and immediately notify 1XL Infra of any unauthorised access to your account. You are responsible for all activities under your account.
• Use the Website only for lawful purposes, including researching and investing in real estate, and not for any illegal or unethical activities.
• Not engage in any activities that could harm, disable, overburden, or impair the Website or interfere with other users' access or enjoyment of the services provided.

Investment Opportunities

By engaging in investment opportunities, including joint ventures, off-plan properties, and redevelopment, you acknowledge and agree to the following:

• Investments in real estate carry inherent risks, including the potential loss of capital. The real estate market is subject to fluctuations based on economic, social, and political factors.
• 1XL Infra makes no guarantees regarding the expected returns on investment, as returns are dependent on market conditions and the successful completion of the respective project.
• You should seek professional financial, legal, or real estate advice before making any investment decisions. 1XL Infra encourages informed decision-making and offers complete transparency about potential risks.

Account Registration

To access certain services, you may need to create an account on the Website. You agree to:

• Provide accurate and complete registration details and promptly update any changes to your information to ensure it remains accurate and current.
• Maintain the confidentiality of your account information, including your username and password, and be responsible for all activities under your account, including any unauthorised access.
• Notify 1XL Infra immediately of any security breach or unauthorised use of your account. Failure to do so may result in loss or misuse of your account and potential financial losses.

Payment Terms

For specific investment opportunities, 1XL Infra may offer flexible payment plans, including options without the need for a bank loan. Payment schedules, amounts, and the terms for each opportunity will be clearly provided before any agreement is made. You agree to comply with the payment terms and schedules outlined for your specific investment. Any late payments may be subject to penalties or interest charges, as defined by the specific agreement.

Intellectual Property

The content and materials provided on the Website, including but not limited to text, images, logos, trademarks, software, and all other content, are the exclusive property of 1XL Infra or its licensors. You agree not to reproduce, distribute, modify, or use any of these materials for any purpose other than those expressly permitted under these Terms without the prior written consent of 1XL Infra.

Privacy and Data Protection

Your use of the Website is also governed by our Privacy Policy, which outlines how your personal data is collected, used, stored, and protected. By using the Website, you consent to the collection and use of your data in accordance with the Privacy Policy and in compliance with applicable data protection laws in the UAE, including the Federal Decree-Law No. 45 of 2021 on Personal Data Protection.

Limitation of Liability

1XL Infra shall not be liable for any direct, indirect, incidental, special, or consequential damages arising from your use of the Website, including but not limited to loss of investment, data, or opportunity, even if 1XL Infra has been advised of the possibility of such damages. You acknowledge that investments in real estate carry risks, and returns are not guaranteed. The maximum liability of 1XL Infra will be limited to the amount you have directly paid for the services offered.

Modifications to Terms

1XL Infra reserves the right to modify these Terms at any time. Any changes will be posted on the Website, and the updated terms will be effective immediately upon posting. Your continued use of the Website after such changes indicates your acceptance of the revised Terms. It is your responsibility to review these Terms regularly to stay informed about any updates.

Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of the United Arab Emirates. Any disputes arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts in Dubai, UAE. Both parties agree to attempt to resolve any disputes amicably through negotiation before seeking legal remedies.

Termination

1XL Infra reserves the right to suspend or terminate your access to the Website at any time, without prior notice, for reasons including, but not limited to, violations of these Terms. Upon termination, your access to the Website will cease immediately. If your account is terminated, you will still be bound by your obligations under these Terms, including payment obligations for any outstanding investments or services.

Force Majeure

1XL Infra shall not be held responsible for any delay or failure to perform its obligations under these Terms due to circumstances beyond its reasonable control, including but not limited to natural disasters, strikes, wars, terrorism, or government restrictions. In such cases, 1XL Infra will not be held liable for any damages, and the affected party will be excused from its performance under the contract.

Severability

If any provision of these Terms is found to be invalid, illegal, or unenforceable by a court of competent jurisdiction, the remaining provisions will continue in full force and effect. The invalid or unenforceable provision will be modified to the extent necessary to make it enforceable while preserving the original intent of these Terms.

Contact Information

If you have any questions or concerns regarding these Terms and Conditions, please contact us at:

1XL Infra

• Email ID: infra@1XL.com
  
• Contact Number: (+971) 055 055 1234 / 800 1234 1234
  
• Corporate Office: Floor 141, Burj Khalifa, Dubai.
  P. O. Box No. - 74242

Additional Notes

Applicable Regulations

These Terms and Conditions are crafted to comply with the relevant UAE commercial laws and regulations governing real estate development, investment, and data protection in the United Arab Emirates. Specifically, these include, but are not limited to:

• UAE Commercial Law: Federal Law No. 2 of 2015 on Commercial Companies regulates the structure and operation of companies in the UAE, including those involved in real estate development and investment. As such, 1XL Infra is required to comply with this law in all its business activities.
• Real Estate Laws and Regulations: The Dubai Land Department (DLD) and Real Estate Regulatory Agency (RERA) regulate real estate transactions in Dubai. These laws govern property sales, transfers, and leases, and ensure compliance with specific requirements for off-plan property sales, joint ventures, and developer obligations. 1XL Infra ensures that all projects comply with DLD and RERA’s guidelines regarding the sale and management of property.
• Investment Laws: Investment activities, particularly those related to real estate, are also governed by various UAE laws, such as those managed by the UAE Securities and Commodities Authority (SCA). Additionally, UAE Federal Law No. 4 of 2000 governs foreign investments and sets conditions for local and international investors involved in real estate, ensuring a transparent and regulated investment environment.
• Data Protection: Federal Decree-Law No. 45 of 2021 on Personal Data Protection regulates the collection, storage, processing, and transfer of personal data in the UAE. 1XL Infra complies with this law to ensure that your personal data is protected throughout your interaction with our services.

By adhering to these regulations, 1XL Infra ensures that all services, investments, and real estate developments are conducted within the legal framework established by the UAE government. These terms are designed to protect both the company and the user, ensuring that the rights and obligations of both parties are clearly defined and comply with UAE laws.

Dispute Resolution

In line with standard business practices in the UAE, any disputes or legal conflicts arising from or in connection with these conditions shall be governed by the UAE legal framework. This ensures a clear and reliable process for resolving any disagreements.

• Governing Law: All disputes related to these regulations, including their interpretation, performance, or breach, will be subject to the laws of the UAE. Specifically, the Federal Civil Transactions Law (Federal Law No. 5 of 1985) and the UAE Commercial Transactions Law (Federal Law No. 18 of 1993) will govern any legal matters related to commercial contracts and transactions.
• Exclusive Jurisdiction of Dubai Courts: Any disputes that cannot be resolved amicably will be subject to the exclusive jurisdiction of the courts in Dubai, UAE. The Dubai International Financial Centre (DIFC) courts may also be applicable if the dispute pertains to financial matters or involves companies registered within the DIFC. This exclusive jurisdiction clause ensures that all disputes are resolved within a structured and internationally recognised legal system.
• Arbitration: In certain cases, parties may agree to resolve disputes through arbitration, as outlined in the UAE Federal Arbitration Law (Federal Law No. 6 of 2018). Arbitration can be a preferred method for resolving commercial disputes outside the court system, as it allows for a more private, expedited, and cost-effective process. If both parties agree to arbitration, the arbitration process shall follow the guidelines established by the Dubai International Arbitration Centre (DIAC) or other appropriate arbitration bodies in the UAE.

By agreeing to these Terms and Conditions, you acknowledge that any legal disputes, whether relating to investments, property transactions, or any other aspect of your engagement with 1XL Infra, will be resolved in compliance with UAE law, and with the understanding that any legal action will be governed by the jurisdiction of Dubai’s courts or arbitration process, as appropriate.