In Dubai, the reservation fee is typically non-refundable, particularly when purchasing off-plan properties. Once paid, this fee serves as a commitment to purchase the property and is generally retained by the developer if the buyer decides to cancel the transaction. However, terms and conditions may vary depending on the developer's policies and the specifics outlined in the Sales and Purchase Agreement (SPA). In some cases, developers may offer partial refunds or negotiate different terms, but this is not guaranteed.
Hi, I'm Victoria
Hi, I'm Victoria
UAE Investment Expert at Inside Realty
I Will Call Back If You Have Questions About Real Estate Investments in The UAE
Are You Interested?
Planning on Buying a Home?
Our team of experts will help
you make the right choice
Our team of experts will help you make the right choice