The basis of paying the 4% fee for property registration

Questions & Answers

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Q: Could you tell me please, when property registration fee was changed from 2% to 4% (starting date) and by which law? Thanks in advance. Regards, Alexander

Jul 25, 2017

622

Buyer's default of the SPA

Q: I signed a Sales Purchase Agreement with a buyer on a cash-buy basis and deposit 10% of the cost of the property. We agreed to meet at RERA in 30 days of to effect the transfer of the title deed. 60 days have passed and the buyer has informed me that he does not have the full amount for the transfer of the title deed. What should I do with the 10% deposit?

May 31, 2016

3814

What you need to know while purchasing a new apartment

Q: Hi, I am planning to buy a ready apartment in a 2-year-old building. How can I check for any dues on that apartment, would NOC suffice that the mortgage or any dues are cleared? How can I check that the seller does not have court cases against him in relation to property? How do the Service Charges get decided every year, as I understand that it is decided by Dubai Land Department who has defined the Service Index? Should I hire a lawyer to look out all legal aspects and help me till I get the property transferred to me? If yes, then what is the average cost for this service? Regards, Gufran

Jun 5, 2018

1231

Claiming title deeds from the developer after fulfilling all obligations

Q: I bought two flats off-plan which were handed over in 2018. As a part of the handover, in December 2018 I paid for two title deeds. To date, the developer has not delivered these, refuses to acknowledge my emails and does not answer the phone. What can I do?

Sep 9, 2019

766

When can the buyer get the title deed of a purchased property?

Q: When purchasing an apartment directly from the developer (not a re-sale) in the UAE, is it improper to ask the developer for the property's title deed? Does a title deed even exist at that time? Or is the first time a title deed is issued for a property is by the time a property is first sold from a developer to a buyer?

Aug 25, 2021

1262

Laws & Regulations

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Law No. (16) of 2007 Establishing the Real Estate Regulatory Agency

By virtue of this Law, a public corporation named the “Real Estate Regulatory Agency” is established in the Emirate of Dubai. It is affiliated to Dubai Land Department. The objective of RERA is to regulate the real estate sector in the Emirate.

Jul 30, 2007

3272

Naser Muhyealdeen

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Deducting visa costs when resigning after more than a year of work

Hello sir, I have been working for 1 year and 6 months in a restaurant without a vacation. Due to my health, I had resigned, and when receiving my payment, they had deducted 4200 for the visa. Please I want to know if it is allowed to pay for the visa. Thank you!

Mar 15, 2021

1076

Is it legal to invest in a crowdfunding outside the UAE?

Regarding investment in a UK-based crowdfunding platform from the UAE I am a UAE (Dubai) resident. Is it legal to invest in a startup that is based in Cayman Island and London through UK based crowdfunding platform (crowdcube.com) from the UAE? Looking for precious advice. Thank you!

Mar 9, 2021

659

Filing a case for wrongfully encashing a guarantee cheque

3 years back I had given a post-dated cheque as a guarantee to a person whom I had to pay the money. In 3 years time before the due date of the post-dated cheque, I had paid him partially by cash and cheque for which I have his signed vouchers and the PDC cheque details. He was supposed to return back my PDC on the due date and collect the balance amount that was around AED 4000. The cheque value was AED 115,000. On the due date, he demanded more money from me and when I refused, he bounced the cheque and filed a cheque bounce case. He said I gave him a cheque of a closed bank account when he asked the money back and claimed the full amount. I was arrested and had to pay the fine for the cheque bounce case. With the agreement I have with me and the payment voucher proof, can I sue him back for the false accusation? And can I claim compensation for spoiling my name and image?

Dec 13, 2019

1678

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