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What happens after I pay the reservation?

After your reservation payment, you sign the sale and purchase agreement (SPA), the developer registers the sale through Oqood with the DLD, and your instalment schedule begins according to the project's payment plan. Each step is confirmed to you in writing before it happens.

· By Orven Properties · 2 min read
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Burj Binghatti Jacob & Co Residences, Business Bay, Dubai
Pictured: Burj Binghatti Jacob & Co Residences, Business Bay, Dubai

After your reservation payment lands in the project's escrow account, the developer prepares the sale and purchase agreement (SPA) for your signature, and once signed, the sale is registered with the Dubai Land Department through the Oqood system. From there, your payment plan begins according to the schedule confirmed in your contract, whether that follows a construction-linked structure or another arrangement specific to the project.

Signing the sale and purchase agreement

The SPA is the binding contract between you and the developer, setting out the unit, price, payment schedule and the terms that govern the purchase. Read it carefully, or have a lawyer review it if the transaction involves anything beyond a standard individual purchase, since this is the document that defines your rights and obligations going forward. Our guide on what a reservation fee (EOI) is explains how the reservation step connects to this signature.

Oqood registration with the DLD

Once the SPA is signed, the developer submits it for registration through Oqood, the DLD's system for off-plan sales. This registration is what makes your ownership interest in the specific unit officially recognised while the building is still under construction, ahead of the title deed that follows at handover. Our guide on what Oqood is explains this registration in full.

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Your payment plan begins

With the SPA signed and Oqood registration underway, your instalment schedule starts, following whatever structure applies to your specific project, whether tied to construction milestones or another arrangement. Each instalment amount and due date should be confirmed to you in writing well ahead of time, so there is never ambiguity about what you owe and when.

How Orven supports you through this sequence

We review the SPA terms with you before signature, confirm the Oqood registration once it is complete, and track your payment schedule so you always know what is due next. Write to us on WhatsApp at +971 52 776 1939 or at sales@orvenproperties.com if you want us to walk through this sequence for a specific project.

FAQ

How long after reservation is the SPA usually signed? This varies by developer and project; your advisor confirms the expected timeline once your reservation is processed.

Can I negotiate terms in the SPA? The SPA generally reflects the developer's standard terms for the project; some project-specific details, such as payment plan structure, may already be fixed by the release.

What proof do I get that Oqood registration happened? You receive an Oqood certificate confirming the registration, which your advisor checks against your SPA details.

Does my payment plan start immediately after signing? It starts according to the schedule in your SPA, which may include the reservation payment as its first instalment.

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ORVEN PROPERTIES

Talk to an Orven adviser

Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.

Phone (WhatsApp)

Frequently asked questions

How long after reservation is the SPA usually signed?

This varies by developer and project; your advisor confirms the expected timeline once your reservation is processed.

Can I negotiate terms in the SPA?

The SPA generally reflects the developer's standard terms for the project; some project-specific details, such as payment plan structure, may already be fixed by the release.

What proof do I get that Oqood registration happened?

You receive an Oqood certificate confirming the registration, which your advisor checks against your SPA details.

Does my payment plan start immediately after signing?

It starts according to the schedule in your SPA, which may include the reservation payment as its first instalment.

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