Defaulting on paying for a property after purchasing it

Dear Ma'am,

I have received a letter from my property developer about defaulting on payment and requesting to pay within 30 days or they "reserve the right to commence legal proceedings to cancel the unit registration from your name from Dubai land departments records".

I am currently arranging the funds to settle this outstanding amount, however, I would like any information regarding the procedure should I fail to pay in exact time and if you think there is any chance to delay by a week or two.

Also if proceedings were to start, what is the expected process?

Thanks in advance for any support!

Regards,