uae-difc-cases
DIFC Investments v Mohammed Akbar Mohammed Zia [2017] CA 005 — Strict enforcement of payment deadlines in real estate contracts (10 January 2018)
The litigation concerned a failed real estate transaction involving 72 separate contracts for the sale of properties. The Respondent, DIFC Investments LLC, sought a judicial declaration that these contracts were validly terminated following the Appellant’s failure to pay the purchase price by the…