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How does a real estate developer dispose of surplus off-plan sales projects?

Reading time: < 1 Minuteنصت المادة الثانية عشرة من اللائحة التنفيذية لنظام البيع أو التاجير على الخارطة على: يجوز للمطور طلب الصرف من حساب الضمان للمصاريف الإدارية والتسويقية- والمصاريف ... Read more

The regulation regulates the withdrawal of surplus after the approval of the competent authority and the contractor and consultant reports, with a ceiling of 20% for non-construction expenses and retention of 20% and 5%.

16/05/2024

Off-plan sales projects - Real estate transactions
Grandma
Custodian of the Two Holy Mosques
Dubai - Real Estate Deals and Sales 
Public Authority for Real Estate - Off-plan Selling
Residential projects
Saudi Contractors Authority - Contracting Industry
Al Haqeel - Business License - Quality of Life
Removing construction and demolition debris
الدفاع المدني
Rent - Residential Contracts - Refunds
Ministry of Industry logo
Spokesperson for the General Real Estate Authority - Penalty for providing real estate informationTaysir Al-Mafraj
Removing rubble and construction and demolition debris
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