Dubai Project Cancelled? RERA Law & Your 100% Deposit Refund Rights
What Happens If an Off-Plan Project Gets Cancelled in Dubai?
Dubai Off-Plan Buyer Protection
Buying an off-plan property in Dubai offers attractive pricing and strong potential for high returns. However, many buyers raise an important concern about what happens if a project gets cancelled. To address this, Dubai has established one of the most buyer-protective real estate frameworks in the world. The market is regulated by the Real Estate Regulatory Agency (RERA). Under RERA Law No. 8 of 2007, developers must comply with strict rules and safeguards. Buyer payments are closely monitored through regulated escrow accounts. If a project is cancelled, investors are legally protected under these regulations. In many cases, buyers are entitled to recover up to 100% of the amount they have paid.
Dubai’s off-plan buyer protections are enforced through regulated escrow accounts and official legal liquidation procedures under RERA.
Law
RERA Law No. 8 (2007)
Protection Mechanism
RERA-Monitored Escrow
Refund Potential
Up to 100%
Decision Authority
Special Tribunal
*Refund eligibility depends on official cancellation status and construction progress.
Understanding RERA Law No. 8 of 2007
RERA (Real Estate Regulatory Agency), operating under the Dubai Land Department, regulates off-plan property sales and safeguards investor funds.
The law requires that all buyer payments be deposited into a RERA-monitored escrow account, ensuring funds are released only in line with construction progress.
What Is a RERA-Monitored Escrow Account?
An escrow account is a dedicated bank account opened specifically for each real estate project in Dubai.
If a project is delayed or cancelled, the remaining funds stay protected and are handled through official legal liquidation procedures.
Contact Information
Reach Haus 51 via phone, WhatsApp, or our official website.
Frequently Asked Questions
Can I receive a full refund if my Dubai project is cancelled?
Yes. If construction has not commenced, buyers are often entitled to a 100% refund.
Where is my money stored after booking an off-plan property?
All payments are held in a RERA-monitored escrow account.
Who decides the refund amount?
The Special Tribunal for Liquidation of Cancelled Real Property Projects.
