Reader in UAE asks: Can I cancel agreement if developer delays delivery of real estate unit? ...United Arab Emirates

Real estate contract for property purchase Question: I want to buy a property from a real estate developer and the property is off-plan. It will be completed, according to the developer, in three years and payments will be made within five years. My questions are: 1) What are the guarantees that I must obtain to ensure that the property is registered in my name and that I obtain its ownership? 2) Do I have the right to legally register the property in my name and in the names of my wife and son? 3) If the developer delays delivery of the property, do I legally have the right to cancel the agreement? Please advise. Answer: Law No 13 of 2008, regarding the Interim Real Estate Register, gives

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Reader in UAE asks: Can I cancel agreement if developer delays delivery of real estate unit? ...United Arab Emirates

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