Unit, Price and Payment Clauses

Start with the terms that define what you are buying and what you must pay. Check unit identity, area calculation, total price, instalment dates, construction milestones, fees, taxes if applicable, late-payment consequences and the beneficiary account. Compare the live offer on MKDXB properties with the schedule attached to the SPA.

• Confirm the exact unit and area basis
• Reconcile every payment date and fee
• Verify the payment beneficiary

Completion, Handover and Change Clauses

Review the expected completion framework, extension rights, handover notices, inspection procedure, defect reporting and conditions for taking possession. Also examine the developer’s rights to change layouts, materials, amenities or common areas. The MKDXB developer directory helps place those clauses beside the developer’s actual portfolio and delivery context.

• Understand extension and notice rules
• Check permitted specification changes
• Know the inspection and defect process

Default, Termination and Resale Clauses

Payment default can trigger formal remedies, while early resale may require interim registration, developer approval, a minimum paid amount, an NOC or administrative fees depending on the contract and project. Do not assume a future assignment is automatic. The detailed off-plan checklist can help you compare contract restrictions with your intended exit strategy.

• Read default remedies before committing
• Check assignment eligibility and costs
• Align resale rules with the exit strategy

Notices, Governing Terms and Disputes

Check how notices must be delivered, which addresses and emails are recognised, what records you must keep and how disputes are handled. Small procedural clauses can matter when a deadline or alleged default is contested. Discuss commercial questions with a property expert and obtain independent legal advice for interpretation or negotiation of material clauses.

• Keep contact details updated
• Preserve notices and payment records
• Use qualified legal advice for contract interpretation