أسئلة وأجوبة
Refund of a deposit paid by the underage buyer of real estate property
I put a deposit down on two "off-plan" properties. I paid a deposit on both and received a reservation document signed and stamped by the developer.
However, at the time of the deposit, I was under the age of 21 which is the minimum age to purchase property in Dubai. Lastly once the deposit was made I never received an SPA or NOC. Have now been sent a notice by Dubai Land Department on the request of the developers for Property Termination procedure. The request was canceled.
I am now trying to figure out how to get my deposit back as I believe since I was underage and no formal contract was presented or signed, the agreement is void.
Dear,
Despite having knowledge of your age, the developer permitted you to pay and acquire property. Therefore, you have right to get full refund from the developer.
Further, to advise you more appropriately, we need to review all the documents, receipt etc.
Regards
