This service allows developers to serve notices to investors regarding their failure to pay the installments pursuant to the payment schedule based on the percentage of completion approved by the Real Estate Regulatory Agency (RERA), or the payment schedule stipulated in the contract between the parties. To apply for this service, the real estate unit must be registered in the Interim Real Estate Register maintained by Dubai Land Department. The project must also be approved by the Real Estate Regulatory Agency (RERA), active, and free of any restrictions or encumbrances.
The service is provided by the Legal Affairs Department
Oqood Portal- Real Estate Developers Portal
Last updated 19/10/2019 03:22:19 PM
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