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Can I terminate the SPA for an off-plan property and get full refund if I didn't receive the SPA?

I booked an off-plan property with a developer in a project in Dubai.

I have paid 10% + 4% DLD. It's been 2 months and still, I don't have SPA. Plus, the above amount is in favor of the developer's account and not escrow.

Please advise if this is normal and what questions I should ask the developer.

Can I withdraw the money from the developer?

Will he be liable to hold any % of my money for cancellation?

متميز
مريم الياسي للمحاماة والاستشارات القانونية
دردشة توظيف
اجتماع
12 Jul 2023, 07:37

Hello,

As per your query, please note that if you have not received any Oqood certificate, then you have to check with the developer for the reason.

If you want to terminate the deal, then the provisions will be as per Agreement.

12 Jul 2023, 07:37

Please send the agreement copy and other related documents to us by email.

متميز
مريم الياسي للمحاماة والاستشارات القانونية
دردشة توظيف
اجتماع
13 Jul 2023, 07:11

Hello,

As per your query, please note that you should get the Oqood.

If the money is not deposited in the escrow account, then you can complain to DLD.

You can send him a notice for cancellation and please check the documents you signed with the developer.

13 Jul 2023, 07:12

Please contact us by email for more clarifications.

متميز
كي إتش إي للاستشارات القانونية
دردشة توظيف
اجتماع
14 Jul 2023, 06:49

Regarding the cancellation and refund, it will depend upon the terms and policies of the opposing party.

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