September 2, 2024

Dubai: How buyer can recover funds over delayed property handover

If a developer delays the handover of your Dubai property as per the sale agreement, you may be entitled to compensation. This compensation can be claimed as outlined in the Sale and Purchase Agreement (SPA) or through a court decision. The SPA is governed by the UAE Civil Transactions Law, specifically Article 246, which mandates the contract's implementation in good faith. Should the developer fail to...

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