Questions & Answers
Questions & Answers
3 available 3 • View allWhat rights do you have in a property if you don't have a signed SPA?


2
Q: Hi,
What happens if a person HAS NOT signed a sale & purchase agreement (SPA) with a developer for a purchase of a property?
Thanks in advance.



Aug 18, 2021
1188
Forcing the developer to issue the contracts of a purchased property
1
Q: Hello,
I have purchased a property in Dubai in May 2019 by putting a 25% deposit of the purchase price to the developer's escrow account and received the reservation form and payment receipts only.
However, I still do not have the SPA or OQOOD till now. The developer has been saying the SPA templates have been getting delayed.
As per the reservation form, I have an upcoming payment in Nov 2019. How I can validate that I have a legal reservation for the apartment and there is nothing to worry about?
What is my legal position here as I don't have any legal papers except the reservation contract which is only stamped from the developer but no OQOOD reference code/id/number or stamp on it?
Thank you

Aug 26, 2019
740
Can the developer withhold the SPA until the payment of DLD fees?
0
Q: When buying an off-plan property from a developer, does the SPA have to be reviewed, agreed and signed by both the buyer and the developer representative before paying the DLD + Oqood?
Is there a local estate law or clause requesting DLD + Oqood should be paid before the SPA is released from the developer to the buyer?
I am seeking this advice because the developer is asking for DLD + Oqood to be paid before the SPA is released despite having paid the initial deposit of 5% as per the Sales Offer schedule.
Thank you.

Nov 20, 2018
1653
Laws & Regulations
2 available 2 • View allLaw No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai 1
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.
Aug 14, 2008
4823
Executive Council Resolution No. (6) of 2010 Approving the Implementing Bylaw of Law No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai 3
This Resolution approves the Implementing Bylaw of Law No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai.
Feb 14, 2010
5121

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