Questions & Answers
Questions & Answers
5 available 5 • View allTermination of SPA and claiming refund after project cancellation
1
Q: I had Invested in an upcoming residential project in June 2018 & paid 20% of the total property value.
But there has not been any progress in their construction & also checked with Dubai Land Department & the developer as well for the status, and learnt that it is probably under cancellation.
I requested via email to the developer for a refund but they have instead suggested me to opt for an ongoing project or a ready to move in property.
But I do not intend to proceed & want my money back at the earliest possible. I have the SPA & proof of payment made i.e. Invoice as well.

Aug 16, 2020
685
Claiming refund from developer after cancellation of project



3
Q: This is regarding an under-cancellation real estate project in Dubai (started in 2017 & was supposed to be handed over in Dec 2019 but progress did not move beyond 10%).
I made my cheques payable to the company rather than to escrow account. AED 881K was already cashed out of 1,460K (+ 58,400K for Dubai Land Dept).
What are the options available for recovering my money?
Thanks




Jul 7, 2020
1668
Cancellation of project and reimbursement from the developer

6
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?


Dec 16, 2018
2412
What are our legal rights for a refund if the project is under cancellation?


1
Q: Dear Sir/Madam,
I invested in a real estate project in Dubai that was supposed to be completed in 2021 but is still not completed and is showing under cancellation on the DLD website.
I have made a 55% down payment. The builder is not providing us with updates on the project, so we want to cancel our investment.
When we asked them to cancel our booking, they said they would deduct 10.31% of the property price, which includes 4% DLD fees and 6.31% agent commission.
What are our legal rights for a refund if the project is under cancellation?
Also, the DLD fees were waived during booking, but now they are asking us to pay them.
Please advise!



Aug 16, 2023
307
Dubai developer cancels contract: What happens after 30 days?

1
Q: Hi,
When the Dubai developer issues a 30-day letter to me regarding the cancellation and termination of the contract, what should I expect from them and from the Department of Land in Dubai after the 30 days?
Kind Regards,


Oct 10, 2023
129
Laws & Regulations
3 available 3 • 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
4851
Law No. (9) of 2009 Amending Law No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai 2
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.
Apr 12, 2009
3140
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
5151

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