Q: Delay in property completion and need for cancellation and exit from SPA Hello All, I booked for an off-plan property in Downtown Dubai by a leading builder. The completion date was June 2018. However, the property was not completed in June of 2018. I received a note in April 2018 citing the new completion date would be Dec 2019. Since the completion date is well over the stipulated grace period in SPA, I had requested the builder for a friendly settlement by cancelling the SPA and refunding the money as per the default by vendor clauses in the SPA. This has been refuted by the builder and repeatedly says that they cannot cancel the SPA and neither can they refund the money. What are the options available?

Q: I bought an off-plan property & paid 100 % amount, also paid 4 % Oqood by June 2011. Now, I learnt through DLD that the property is cancelled as the builder could complete half construction & now it shall go for liquidation. I am stressed whether I will get the full invested amount after liquidation or just minimal. What do the laws say?

Q: Hi I bought a property in 2007 at [------] residence by [------] group. It was cancelled on the RERA website. I wanted to know if I can get a settlement and where can I get an update on the cancelled project. Thanks and regards Blossom

Q: Hi, I had purchased an off-plan property from a developer in 2017. The completion date mentioned in the contract is February 2018. I have already paid 60% of the sale amount. The percentage completion for the project on the Dubai Land Department says 98% since the last one year. Can I get the contract cancelled and get my money back? Regards O.

Q: Salam. My developer has agreed to give me a refund after AED 50000 deduction. But my concern is that they say it might take a long time. They wrote we shall issue a cancellation agreement which needs to be executed by both parties. On submission of the documents and RERA approvals on the cancellation and refund from the escrow account, the fund will be released and your name will be de-registered against the unit in Dubai Land Department. The above process can take anywhere between 1-3 months in normal times which we are hoping to still be able to do that now but may expect delays up to 3-6 months due to COVID-19. Can you please confirm if this is the case?

With the introduction of the new procedures for obtaining a power of attorney (POA) remotely in the UAE, after it was mandatory to appear in person in front of the notary public as a global rule to ensure the identity and intention of the person requesting a POA, we put between your hands this brief guide for how you get it done.

This Law establishes interim property register in which sale contracts, off-plan sales, and other off-plan legal dispositions of real property are registered prior to inclusion in the property register maintained by Dubai Land Department.

The provisions of this Law supersede articles (2) and (11) of Law No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai.

This Resolution approves the Implementing Bylaw of Law No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai.