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The Real Estate Court in Dubai terminated a sale contract for a residential unit valued at Dhs1.03 million, after the buyer failed to pay the agreed installments, and ordered him to vacate the unit and hand it over to the selling company, in addition to paying Dhs78,000 annually for its use from the date of receipt until actual delivery.
In detail, a company filed a lawsuit against a purchaser of a residential unit, explaining that it sold him the unit in Dubai according to an agreed payment…