Online Offer System - Terms & Conditions

All offers submitted through our platform are legally binding commitments:

• • Your offer constitutes a formal purchase agreement once submitted
• • Offers cannot be withdrawn or cancelled after submission
• • You are legally obligated to complete the purchase if your offer is accepted
• • Failure to complete may result in legal action and financial penalties

Understanding offer timelines is crucial:

• • Initial offers are valid for 24 hours from submission
• • Counter offers from sellers are valid for 12 hours
• • Expired offers are automatically declined by the system
• • New offers override previous pending offers for the same property
• • Response times are strictly enforced

Accepted offers trigger immediate financial obligations:

• • 10% deposit required within 24 hours of offer acceptance
• • Additional costs include 2% broker fees + 5% VAT on broker fees
• • DLD (Dubai Land Department) fees of 4% apply
• • Payment to seller varies based on developer payment plan
• • All financial obligations are buyer's responsibility
• • Non-payment may result in contract termination and legal action

To make offers, buyers must complete profile verification:

• • Valid phone number and Emirates ID
• • Passport or Emirates ID copy upload
• • Verified email address through Google authentication
• • Complete profile information
• • Verification ensures serious intent and legal compliance

The offer-to-completion process follows these steps:

1. Buyer submits binding offer with all cost calculations
2. Seller has 24 hours to accept, decline, or counter
3. If countered, buyer has 12 hours to respond
4. Upon acceptance, buyer must pay 10% deposit within 24 hours
5. Licensed escrow services handle all financial transactions
6. Property transfer handled through official channels
7. All parties receive transaction documentation

Buyers must understand and accept the following risks:

• • Off-plan properties carry development and completion risks
• • Property values may fluctuate before handover
• • Developer payment obligations transfer to buyer
• • Buyers are responsible for due diligence on properties
• • Legal advice is recommended before making significant offers
• • Currency fluctuation risks for international buyers

In case of disputes or issues:

• • All transactions are governed by UAE law
• • Dubai courts have jurisdiction over disputes
• • Mediation services available through licensed providers
• • SELLINGMYOFFPLAN.COM facilitates but is not party to transactions
• • All communications are recorded for dispute resolution