Buying a property in the UAE is considered a major investment! Even though most developers in the country prefer strict adherence to their handover commitments, delays are still a possibility. Now, property buyers are quite concerned about the potential delays in property handover, which in turn can cause them personal or financial inconvenience.
At RH and HALE, we have the best team of lawyers in Dubai to address the delayed property handover concerns for investors or homeowners. Whether your project is still under construction past the handover date, or the developer is halting the delivery process, our real estate lawyers will help you with ideal advice and adequate legal actions.
From securing legit compensation to recovering your investment, RH and HALE extend their full-fledged support for your delayed property handover cases. We can help you with:
No more agreeing to the false promises of inexperienced property developers! Reach out to our law consultants in Dubai, and let RH and HALE help you secure your investment.
Schedule a free consultation to discuss your legal matter with an experienced attorney. We’ll review your situation, explain your options, and help you understand the best path forward at no cost and no obligation.
We have a dedicated legal team to assist you with recovering your investment deposit towards a property in UAE. If a developer violates the property handover deadline in the contract, the buyer can cancel the deal and seek a refund of all deposits made towards the purchase.
Being one of the best law firms in Dubai, RH and HALE offers alternative solutions to solve a case outside the court. Our lawyers will help you appoint arbitrators to assess your contract, payment details, and other documents, giving both parties the chance to settle the case without the court’s intervention.
At RH and HALE, we also help our clients by being their mediators and conveying the grievance of delayed handover to the developers. We aim at resolving the case without legal proceedings and by coming to a mutually agreeable settlement.
If arbitration and reconciliation don’t work, our real estate lawyer in Dubai will then take immediate legal action against the developers or associated parties responsible for property handover delays. We will be preparing a strong case file and initiating the court proceedings while securing your compensation and rights.
We will be assessing the developer compliance aspects and escrow account structures. This will help us determine any potential violations made by the developer towards the escrow laws, which will then help reinforce your case or claim. This report will act as documented evidence, admissible in court.
The UAE, being a lucrative real estate investment market, has strict regulations for protecting the rights and interests of all property buyers in the country. Here’s a brief overview of the legal framework and rights stated under UAE law for tackling delayed property handovers:
The Federal Law No.5/1985, also known as the UAE Civil Code, outlines all the contractual obligations associated with a real estate transaction and the specific remedies. This legal framework forms the foundation for buyers to seek compensation in case of delayed property handover.
This legal framework is also referred to as Escrow Account Law, which mandates all property developers to manage their buyer payments only through the regulated escrow accounts. It is an initiative to protect the rights of investors in off-plan developments.
This legal framework ensures that all the off-plan sales are registered & enforceable, which will support the buyer’s claims of delayed handovers.
RERA has enforced a strict compliance standard demanding that developers meet the project timelines. In case of violation, there will be penalties for developers and compensation for the buyers.
The property buyers are liable to request a court order for taking possession of the property from the developer, and file a compensation claim for losses caused by the delayed handover.
With the help of our real estate legal services in UAE, buyers can avail their right to terminate the purchase contract, and claim a full refund of the invested amount. As the termination rights might differ based on individual agreements, you need proficient lawyers to review the terms & conditions thoroughly.
Being one of the best law firms in Dubai, and other Emirates of the UAE, we have proficient expertise in dealing with property handover delays. Our team of lawyers is skilled and trained to impose efficient legal strategies for diverse real estate dispute situations.
From simple handover delay to escrow law violations, our law consultants have in-depth insight into the UAE real estate law for addressing all such cases.
RH and HALE have been in service for more than 40 years, and we have been continually growing our legal expertise in adherence to the changing & improving UAE laws.
From settling your dispute outside the court through arbitration & reconciliation to filing & presenting your case before the judiciary authority, we offer complete, comprehensive assistance for your property handover delay cases.
We make sure to align our legal service offerings in adherence to the regulatory compliance set by RERA, DLD, and other governing authorities in the UAE.
At RH and HALE, we aim to tailor our legal services and strategies, specific to your case requirements and expectations.
A property handover is termed as delayed if a developer fails to give you possession of it as per the agreed-upon date in the contract. Following that, even if the property is constructed and ready for possession while the developer is delaying in legally transferring the ownership to the buyer, it will still be considered a property handover delay.
No, there is no fixed compensation for the property handover delays. You must seek the help of lawyers in Dubai to present your case and argue for compensation that aligns with your financial losses due to the handover delay. It means the compensation amount might vary depending on the severity of a case.
You need to talk to an experienced lawyer who will help you file a formal complaint of the handover delay with DLD and RERA. This initiative will put you in a position to seek a refund, penalize the developer, and cancel the contract, based on the extent of delay in handover.
At RH and HALE, we strive to help you with comprehensive legal support for a desired dispute resolution. Our lawyers will be helping you with filing a complaint, raising a compensation claim, presenting your case before the court, and other such services as required for resolving your dispute.