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: In June 2008, I bought an office in DSO, for AED 847.339. The completion date was December 2010. For 8 years, the developer dragged the construction for unknown reasons. I, therefore, did try through RERA and the Notary Public, to get my money back for breach of contract but the developer refused to answer my request. Today, 8 years later, the office is ready for the final handover. In between, I lost 8 years of rent (AED 360.000) and the opportunity to sell that office when the market was still high. Last but not the least, the developer just informed me verbally that the office that was freehold is now leasehold despite what is stipulated in the signed SPA. Today, I would like to know what are my legal options to get my money back or at least get some compensation.

Q: Signed a contract in Jan 2017. 4% DLD registration fees. The buyer 2%, seller 2%, the seller forged the invoice to pay 4%. I should get a refund of the 2% paid extra. Paid Base price 565,000 DLD registration charges 22,600 (Invoiced 4%) Unit [------] Net price 587,600 Invoice in 2019 to get title deed: 76819 AED. Review in Jan 2020 new invoice in Jan 2020 to get Title Deed. Affection plan charges: 1,020.00 AED; Provisional master community charges: 5250.00 AED. Title deed delivery charges: 210.00 AED. Plot upload fee: 390.00 AED. Survey fee: 1,000.00 AED. Title deed fee: 787.50 AED. DSR fees: 1,056.00 AED. Total: 9,703.90 AED. Other charges to pay to build the house. DEWA NOC fee: 1000 AED. Demarcation NCC fee: 2000 AED. Building permit NOC fee: 2000 AED Commencement of work NOC: 2000 AED Deposit: 50000 AED Plus 5% V.A.T

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.