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?


  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.