Glossary · UAE

Property Handover

The stage at which a completed or substantially completed property is formally delivered by the developer to the purchaser, subject to the applicable contractual and regulatory requirements.

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Related terms.

Immobile su pianta (Off-Plan)
Immobile acquistato prima del completamento della costruzione, spesso direttamente dal costruttore con un piano di pagamento a fasi. L'acquisto su pianta è particolarmente diffuso a Dubai e in altri mercati degli Emirati.
Perfezionamento (Completion)
Momento in cui il prezzo di acquisto viene trasferito, la proprietà giuridica passa all'acquirente e la transazione si perfeziona.
Built-Up Area (BUA)
A commonly used UAE property measurement describing the total built-up floor area of a property, generally including the internal built structure and defined areas such as walls, subject to the measurement basis used.
Dubai Service Charge
Charges payable by owners of units in jointly owned property towards the management, operation, maintenance and upkeep of common areas and facilities.
Dubai Title Deed
An official document evidencing registered ownership of a property in Dubai, issued through the Dubai Land Department.
Escrow
A regulated account holding a buyer’s off-plan payments, releasing funds to the developer only against verified construction milestones.

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