Can the DLD create registry entries based on a purchaser's application?

A purchaser of an off-plan Unit has the legal right to ensure their investment is documented. They can apply to the DLD to create an entry on the registry folio of the land where the project is being constructed. This entry serves to officially deno…

The full explanation

A purchaser of an off-plan Unit has the legal right to ensure their investment is documented. They can apply to the DLD to create an entry on the registry folio of the land where the project is being constructed. This entry serves to officially denote that a sale agreement has been concluded between the purchaser and the sub-developer. Providing this public record protects the purchaser's interest against third parties and ensures the transparency of ownership interests while the building is still under construction.

This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.

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