UAE: Court ruling allows for more refunds for off-plan investors in Dubai

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A landmark ruling by the Dubai Court of Cassation will reportedly allow off-plan property investors to claim full refund under certain conditions.

If a property purchaser’s sale and purchase agreement is terminated for non-payment and the property is re-sold by the developer without a court order, the purchaser can now file a claim to recover the amounts paid, reported Emirates 24/7.

Read more on: www.arabianbusiness.com

Source : UAE: Court ruling allows for more refunds for off-plan investors in Dubai