![Developers will face new financial penalties if the buildings they promise are not delivered on time, or to agreed specifications.](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/GDTLVT22O6GKYZAJ3NWQKX3PLI.jpg?smart=true&auth=23de13f087168b6fa8d28979cdb0aece5a9e631e0d895b76edf1c039db384a9d&width=400&height=225)
Developers will face new financial penalties if the buildings they promise are not delivered on time, or to agreed specifications.
Developers will face new financial penalties if the buildings they promise are not delivered on time, or to agreed specifications.New Dubai Land law promises property refunds
Laws will protect investors in the off-plan market and open the property sector to new types of investment.
Bradley Hope
January 24, 2010