General
    beginner

    What measures are taken if a project faces an emergency?

    Ali Faizan Syed1 min read0 viewsUpdated 1/2/2026
    According to Article (15), if an emergency prevents the completion of a project, the Escrow Agent must consult with the DLD to take protective measures. Their primary goal is to preserve the rights of depositors. This may involve ensuring the completion of the project through other means or managing the refund of payments to the purchasers. This emergency provision acts as a safety net for investors, ensuring their capital is not lost if the developer becomes insolvent.

    Related Topics:

    Project Emergency
    Purchaser Rights
    Escrow Refund
    Was this helpful?

    Need More Clarity?

    Get personalized advice from Ali Faizan Syed, your trusted Dubai real estate consultant.

    WhatsApp ConsultationCall Now

    Related Questions

    Browse Categories

    LegalInvestmentFinancingMarketVisaTaxes