Q: In April 2017, AAK entered into a Pledge Agreement (the “PA”) with a Bond Holding Company (BHC) and a Developer (DEV). As per the PA, AAK deposited an amount in the form of Bonds with BHC, pledged to DEV, to act as a deposit for a property. AAK received a notice in Dec. 2017 and Aug. 9, 2018, from DEV stating that his signature on the Sale & Purchase Agreement (“SPA”) is pending. In addition, the concerned notice falsely stated that the Property is registered with DLD in the name of AAK. Despite several written requests for a copy of the DLD registration, DEV has not provided the same with a DLD registration dated on or before the initial date of the notice. On January 17, 2018, AAK then discovered that the amount had been redeemed from his holdings. The PA states it is being entered into based on the Reservation Form and the SPA which had been entered into by DEV as the Seller and AAK as the Purchaser; however AAK did not enter into any SPA. Has the PA contract been breached?

Q: I purchased an off-plan property in Dubai, UAE. Later I found that the covered area in the Sale and Purchase Agreement (SPA) for the off-plan apartment is 25% more than the area calculated from design drawings provided by the developer. I followed this with the developer for more than a year but they have refused to discuss until handover. I bought two apartments in the same building and both have the same issue. Seems this is a widespread issue and the developer is deliberately charging 20%-25% more to buyers. I launched a complaint with DLD but they verbally asked me to go to the court. Is this a fraud? Where should I launch my complaint?

Q: I bought two off-plan apartments from a developer. Later I found that the covered area given in the  "Sale and Purchase Agreement" (SPA) is 20% more than the area calculated from design drawings provided by the developer. The units are ready for handover now and the final area is as per drawings i.e. less than that given in the SPA. The developer is adjusting the price for anything below 95% of the SPA area as the SPA allows 5% downward variation. As per my understanding, the developer already knew that the area is less and they exaggerated the area in the SPA. They also made a false statement of the area in the SPA. This should be a type of fraud or cheating. I have been writing this to the developer for the last two years but without any response. I want the units to be cancelled with a refund of the full amount and necessary compensation. Please advise the way forward.

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.

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