In this article, we will learn together about how to cancel a sales contract in Dubai and this service is provided by the Real Estate Regulatory Authority and aims to guarantee the rights of both parties to the sale process, the buyer and the seller, as well as maintaining the transparency of the real estate field in Dubai.
What is the service for canceling the sales contract in Dubai?
The sales contract cancellation service is a service that allows individuals to submit a request to cancel contracts such as sales, mortgage, or rent-to-own contracts, based on a decision issued by the Dubai Courts and in addition, a request to cancel the sales contract can be easily submitted through the Dubai Land Service, through the Customer Happiness Center in the Land Department, the main building, with complete ease and convenience.
What are the procedures for canceling a sales contract in Dubai?
The process of canceling a sales contract in Dubai is subject to several procedures that you must know:
Go to the Real Estate Department, Customer Happiness Section.
The contract data is entered by an employee, where the information is checked and verified
Pay the transaction costs and obtain an electronic receipt.
Receive the service result electronically.
Sales contract cancellation fees in Dubai
This transaction entails fees that can be paid in cash or can be paid electronically through the electronic payment portals of the country’s government. These fees are:
1000 AED to cancel the contract.
250 AED to issue a title deed.
10 AED knowledge fee for each drawing.
10 AED innovation fee.
It should be noted that the result appears after paying these fees within a maximum time of 15 minutes.
Objectives of the decree to cancel the sales contract in Dubai
The objective of this decision can be summarized in the following points:
Guaranteeing the rights of the seller and the buyer.
Determine a legal formula for withdrawing from the sales contract in the event of a breach by one of the parties.
Clarifying the cases that entitle the buyer or seller to resort to court to terminate the contract.
Here we have reached the conclusion of our article in which we talked about how to cancel a sales contract in Dubai and what are the procedures and fees resulting from this type of service.
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