1.Any transaction whose value exceeds (AED 50,000) fifty thousand dirhams or its equivalent or whose value is indefinite shall be established in writing. 2.Testimony evidence may not be established to prove the existence or termination of the transactions set forth in Clause (1) of this Article, unless otherwise stipulated in an agreement or a provision. 3.An obligation shall be assessed in terms its value at the time of conducting the transaction, without adding accessories to the original amount. 4.If the action includes several claims arising from multiple sources, testimony evidence shall be allowed in every claim whose value does not exceed (AED 50,000) fifty thousand dirhams or the equivalent, even if the aggregate value of such claims exceeds such value, and even if they arose from relations between the litigants themselves or from transactions of the same nature. 5.The value of the original obligation shall be the basis for proving partial fulfillment.
Interpretation and application must be checked against the official text and current version.
