Your off-plan purchase
Town Square · AED 3.0M · step 1 of 10Hala's decision for you
Hala is reading the figures on this page…
- 1Reservationyours
- 2Project checkednot yet read
- 3Sale agreementyours and the developer's · not recorded here
- 4Oqoodthe developer registers it
- 5Instalmentsnone recorded
- 6The one afterlater
- 7Snaggingyours · at completion
- 8Handoverthe developer's · not stated
- 9Titlethe land department's
- 10Let or liveyours
Which of these applies to you needs the certified completion of the build, and that is not recorded as current. Until it is, none is picked for you.
- More than 80% complete: The developer may keep the contract and claim the balance, ask the regulator for an auction, or end the contract and keep up to 40% of the unit's price in your sale agreement, refunding anything you paid above that.
- 60% to 80% complete: The developer may end the contract and keep up to 40% of the unit's price in your sale agreement, refunding anything you paid above that.
- Less than 60% complete, work started: The developer may end the contract and keep up to 25% of the unit's price in your sale agreement, refunding anything you paid above that.
- Work not started: If work has not started for a reason beyond the developer's control, or the regulator cancels the project, you are refunded in full under Law No. 8 of 2007.
- The developer notifies the land department, which serves you 30 days' notice and may try to mediate.
- A refund is due by the earlier of one year from the termination or 60 days from resale of the unit.
- These provisions are public order: a contract cannot waive them.
The money, and where it sits
No instalment is recorded against this unit yet. That is not the same as nothing having been paid: the developer holds the schedule of record and does not send it to us, so a payment made outside PropDirect appears here only once somebody records it.
An off-plan instalment falls due when the build reaches a certified stage and the escrow agent confirms it. If construction stops, the payments stop.
What Hala watches until handover
The developer, and this project's own delivery pace
- On-time deliveryNot recorded
- Average delay when lateNot recorded
- ProjectsNot recorded
- RERA registeredNot recorded
- Escrow complianceNot recorded
A developer's past record is not a promise about this project, and one milestone running late is not the same as a default.
What the specialists did on this page
0 ran · 0 stopped to ask · 3 did not run · each row opens its sources
Off-Plan IntelligenceThe payment milestones recorded for this unit · the registered planDid not run: no milestone and no registered plan are recorded for this unit—
A project from interest to reservation: the briefing, the payment plan against escrow milestones, and what a default or a residency intent means - never inventing availability.
- Its written briefing appears in “What Hala watches” once the page is up, when the model answers
Developer / Project IntelligenceThe project's registration against the registerNot yet run: number DXB-offplan-00173 is on the listing but has not been read against the register—
The developer and the project behind an off-plan unit: whether it is verified, what the permit and allocation say.
Mortgage IntelligenceYour pre-approval, if one is on fileDid not run: you are not signed in—
What a UAE bank will lend and what it costs, prepared and explained; the lender decides.
