Off-Plan Sale License
To offer off-plan units for sale, the developer must submit a request to the administration, accompanied by the following documents:
A certificate confirming the opening of the account in accordance with the provisions of this law.
Proof of ownership of the project's land, and documentation indicating the completion of off-plan subdivision, with all details of the subdivided units.
The project's estimated budget, detailing construction costs and expected revenues, certified by a licensed auditor in the country.
A draft of the announcement for the sale of off-plan units, in accordance with the provisions of Article (11) of this law.
A contract template.
The architectural designs and engineering plans for the project, approved by the relevant authorities.
A copy of the contract between the developer and any subcontractor, if applicable.
The administration shall issue its approval, including the endorsement of the draft announcement and the contract template.