Arbitration

Arbitration is a private dispute resolution process where parties agree to submit their disagreement to a neutral arbitrator whose decision is binding.

FeatureDetails
Private processNot public like court proceedings
Binding decisionEnforceable like court judgment
Faster resolutionTypically quicker than litigation
Expert arbitratorsCan select industry specialists
Cost StructureTypical Range
DIAC filing feeAED 5,000-50,000 based on claim value
Arbitrator feesAED 20,000-200,000+ per case
Administrative costsCenter fees and expenses
Legal representationAdditional counsel fees

Related Terms

Arbitration ClauseDispute Resolution Clause

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