First, Verify the Project's Status Through the Wafi Platform
Before any other step, verify the project's license number and actual status through the official Wafi platform, as this verification clarifies whether the project's license remains valid, and what the actual announced completion percentage is compared to the original timeline agreed upon at purchase.
The Escrow Account and Protecting Your Paid Funds
The law requires developers to open an independent escrow account for each project, so buyers' funds aren't used except for that specific project. This means your funds are theoretically protected from being transferred to the developer's other projects, and if the project actually stalls, you can turn to this account's balance as one source for recovering paid funds.
Your Right to Compensation for the Delay Period
The off-plan sale contract and Wafi system provisions define your right to claim compensation for the delay period, and we help you precisely determine the amount owed based on your specific contract's clauses, since the compensation calculation formula differs from one developer to another based on what was agreed at signing.
When Do You Have the Right to Terminate the Contract Entirely?
When the delay is serious and unjustified — usually exceeding a relatively defined period per the contract, or accompanied by an actual halt in site work without convincing reason — you have the right to assess the option of terminating the contract entirely and claiming a full refund of paid amounts, rather than settling for partial compensation for the delay alone.
What If the Project Stalls Entirely?
In more serious cases where the project halts completely, the matter becomes more complex and may require coordinating with other buyers in the same project, or turning to relevant regulatory bodies monitoring the project's status, in addition to assessing your legal position toward the developer and the financing bank if one exists.
Documenting the Delay in a Way That Serves Your Position
We help you document every correspondence with the developer regarding the delay, dates of site visits if possible, and any formal notices you received regarding timeline adjustments, as this documentation forms the basis any subsequent claim is built on, whether through direct negotiation or legal escalation.
How We Help
We review your purchase contract and the project's actual licensing status, and help you assess the strongest available paths, whether claiming delay compensation or terminating the contract entirely depending on the case's severity. Reach out on WhatsApp to review your situation.
Frequently Asked Questions
How long a delay justifies terminating the contract entirely?
There's no uniform period applying to all cases, and it depends on your specific contract's clauses and the delay's circumstances, so we review each case individually to assess your position's strength.
Does compensation include alternative rent during the delay period?
In some cases, additional compensation covering alternative housing costs can be claimed if the delay is long and unjustified, depending on each case's circumstances.
Can I sell my rights in the unit to another party while awaiting delivery?
This depends on your contract's clauses and Wafi system provisions regarding contract assignment, and we help you review this option if you're considering it.