A real estate unit investor was ordered by the Dubai Civil Court to pay Dhs359,000 to a real estate development company after she failed to make three outstanding installment payments on the unit. She also received compensation for her late payment and a 5% annual legal interest until the entire amount was paid.
The case’s specifics began when two real estate firms sued an investor, requesting that she pay Dhs359,000 in past-due installments, contractual penalties for late payments, legal interest, fees, and expenses. The two businesses explained that the appellee signed a contract in January 2022 to buy a real estate unit for a total of Dhs1.2 million, plus VAT and registration fees, with payment to be made in accordance with the contract’s specified installment schedule. The two businesses also stated that in April 2022, the Land Department registered the unit in her name.
The investor paid the majority of the unit’s value, according to the lawsuit documents, but she stopped making payments after the ninth installment. As a result, there were three unpaid installments totalling Dhs139,993 until November 2025, even though the real estate project was finished, the unit was delivered, and she was officially informed that it was ready for handover.
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