Questions & Answers
Obtaining refund from the developer for project delay
I booked an off-plan studio in R.E.P. DIP. The developer posts to me the contract to sign. I signed the contract and posted it back to their address.
The texture property In Dubai has been dealing and I transferred 10% to reserve the unit in June 2015. I have paid over 30% until the end of Dec 2016.
I stopped paying the rest of instalments because after viewing 0% construction report through DLD website and neither developer has provided me Oqood.
There is still no construction as per the DLD report for project number 1514. I am considering to get a refund.
The total price of the studio is AED 330000. 10% at the outset, 36 equal instalments during construction, 20% on handover and 18 equal instalments after the handover.
I have paid 10% and 18 equal instalments out of 36 during the construction as per contract. Total AED 109,973.94 paid: AED 109,973.00
What are the possibilities to get a refund from the developer? How much would it cost?
Dear Sir/Ma'am,
I hope you are doing well.
Further to your query, kindly be informed that we shall be needing signed Sale and Purchase Agreement for our review.
Thereafter, we can advise you on whether to claim the refund or any other step involved.
Generally, if the delay is huge and the construction is below 70%, we can claim the refund.
You can send us the agreement at info@awsuwaidi-advocates.com or you can call us at 045547635.
Looking forward to your response.
Regards,
Aws M. Younis
Good morning,
You can refund your paid amount due to the developer's breach of the terms which is surely mentioned in the contract.
Our cost to get your amount is AED 15000. Call us at 026664003 to get more clarifications.
Regards
Dr Khaled
Hi questioner,
How are you?
We will be happy to assist you with this matter. I advise you to take a quick legal action against this company.
Kindly send a copy of your contract and cheques to Ms Eman Ahmed by email, and she will help you and inform you what you should to do now.
eman@dr-hklawyers.ae
0563251472
