Questions & Answers
Questions & Answers
3 available 3 • View allWhat happens to the sale of property if the transaction couldn't happen due to formalities?
2
Q: Dear,
I signed a FORM F with an Addendum expiring on 5 September.
At first me not knowing the process, I did not know that I needed to clear pending charges to sell my property.
I thought I will come to an arrangement with the buyer, and he agreed to that with compensation that we manage between me and the agency.
Then I went to the UAE for 3 weeks but nothing happened when I came back to France. They requested me to come back to sign the original contract because the bank could not accept the signed copy.
My question is, since the original contract is rejected and we have no original but pdf signed copy, is it a valid contract? Or it's not official unless signed on the paper original? Can I remove myself from the sale?
Also, if the contract is valid then and the expiry date reaches, what is happening?
Can I remove myself from the sale knowing for a fact that the NOC is pending and the contract could not be registered in the land department?
Thank you

Sep 21, 2021
363
Can the buyer prevent the seller from selling his property if he could not get a loan?

1
Q: Hi,
I have a property in Dubai for which we entered into a contract and signed Form F at the decided rate. The agreement was subject to getting pre-approval.
We have waited for two months now, the buyer is unable to obtain the loan from the bank. The last date of the contract is also over.
We want to cancel the contract, but the buyer is not canceling and says that he will wait for some more time to see if he can get the loan.
What should we do?
Please help!


Feb 1, 2023
269
Claiming back down payment from a broker after securing a house loan

1
Q: Dear Dr Amira,
I entered into an agreement with mortgage brokerage to help me procure a loan for a property in Dubai, further to which the firm asked me to pay upfront an amount of AED 470K.
This included down payment and other misc. charges. The brokerage company has managed to procure the loan but now have used my down payment and does not have the funds to conclude the transfer.
What are my legal options?
Please advise


Feb 10, 2020
481
Laws & Regulations
4 available 4 • View allLaw No. (7) of 2006 Concerning Real Property Registration in the Emirate of Dubai 1
This Law sets the rules and procedures for registration of real property in Dubai. The right to own real property in Dubai is restricted to UAE and GCC nationals, to companies fully owned by these and to public joint stock companies. Freehold ownership by non-UAE nationals may be approved by the Ruler in certain areas.
Mar 13, 2006
3789
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
3152
Law 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
4877
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
5174

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