أسئلة وأجوبة
How to recover the full paid amount after the project has been liquidated?
Dear Sir/Madam,
I purchased an apartment within Dubai Sports City and have fully paid the purchase price. I have received a notification from the land department confirming that the project is being liquidated.
The Dubai Rest app displays the purchase price as a fraction of the amount I paid.
I have tried contacting DLD via email, but I keep getting transferred between the canceled projects department and the support department.
Could someone please help me resolve this issue as I could potentially lose out on any liquidation returns?
Dear Client,
Thanks for your question! I hope you are doing well. I will assist you in this matter.
If you're facing a discrepancy with the Dubai Land Department (DLD) regarding the purchase price of your apartment in Dubai Sports City, take these steps:
- Document everything.
- Contact the developer.
- Escalate with the DLD.
- Understand your freehold property rights, and engage with the Dubai Consumer Protection Authority.
- Maintain thorough records.
- Stay informed about project liquidation.
- Consider joining property owners' associations for support in resolving the issue and safeguarding your interests as a property owner in Dubai.
For any further legal assistance, you can WhatsApp us. We have an extensive team of knowledgeable and experienced lawyers to provide the legal assistance you need.
We will be happy to help you.
Thanks & Regards,
ABDUL WAHIED
Dear Questioner,
Since the project is going under liquidation, there is only less possibility to recover the whole amount.
It will be the discretion of the liquidator who is duly appointed to undertake the process.
But if you want, you can submit proof of the amount you have paid to the DLD and make a follow-up.
