The Dubai Court of Cassation has dismissed an appeal by a property owner seeking to annul the sale of a 19-storey building in Al Mamzar valued at Dh295 million, reaffirming an earlier ruling by the Court of Appeal.
The dispute arose after the seller failed to clear the property of a registered mortgage within the agreed 30-day period, preventing ownership transfer to the buyer.
Also Read
Dubai court orders auction of 2,402 sqm plot worth Dh16.8 millionDubai court annuls Dh2.38m real estate deal, orders Dh250,000 compensation for sellerDubai Court orders buyer to pay Dh1.68 million for breach of property contractCar renter in Dubai slapped with Dh3,526 fine after returning damaged Rolls-Royce and LamborghiniUnder the 2024 sale agreement, the seller was required to release the property from liens in exchange for a manager’s cheque from the buyer covering the full purchase price. However, the creditor bank demanded repayment of Dh435 million for two properties before issuing the clearance letter, delaying the transfer.
The seller argued the buyer had obstructed payment, citing WhatsApp messages allegedly confirming delayed cheque delivery. The court rejected these claims, stating that the seller’s obligation to clear the mortgage was fundamental and independent of the buyer’s actions. Evidence confirmed the lien remained, and prior rulings were upheld, closing the case.
Sign up for the Daily Briefing
Get the latest news and updates straight to your inbox
Network Links
GN StoreDownload our app
© Al Nisr Publishing LLC 2025. All rights reserved.