I bought a flat in Dubai that was supposed to be finished in September 2009, but still did not receive any key. The handover has been delayed by 5 years. Is that legal? I still have to pay 30/100 upon delivery? Can I ask for a compensation for this 5 years delay?

Answer:


  It is possible to ask your developer for compensation of the delay in handing over the property. However, this depends largely on what you agreed with your developer as per your Sale & Purchase Agreement. You need to check the SPA for anticipated completion date and expected delays. Then it is up to you to negotiate with your developer on what would be a reasonable compensation for the delays. They will not pay you the compensation in cash, but they may compensate you by reducing the sum of the final installment of your property.
 
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