Dubai’s Real Estate Court terminated a AED1.03 million property sale after the buyer defaulted on instalments. The buyer must vacate the unit and pay AED78,000 annually for its use from July 2023 until handover. The court rejected the developer’s request to retain 40% as compensation.
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Dubai has launched an AI-powered property platform that can reduce real estate registration times by up to 80%. The system aims to simplify transactions, cut administrative requirements and improve customer experience, supporting the emirate’s wider push to integrate AI across government services and strengthen its digital real estate ecosystem.
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