Fundamental breach of execution of the off-plan sale contract according to Law No. (3) of 2015 concerning the regulation of the real estate sector in the Emirate of Abu Dhabi - a comparative study

Contrary to the general rules established in the UAE's Civil Transactions Law, Article (17-1) of Abu Dhabi's Real Estate Sector Law, stipulates: either party can end the contract under a unilateral will without referring to the judiciary if there is a fundamental breach of the contract by the other party. Since the UAE legislation is devoid of any statement in this regard, the international sale contract rules were used; specifically, Article (25) of the United Nations Convention on the International Sale of Goods (Vienna 1980) and English law. To achieve this purpose an analytical approach towards Article (17) was implemented, and the article compared to the international sales texts. This research's crucial findings are the precise definition of a contract's fundamental breach, and the specific conditions required to fulfil this breach. This study contributes to existing research by recommending specific amendments on Article (17-1) and Article (25) Vienna Convention.

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Publication Details

Journal
International Journal of Economics and Business Research
Published
2025-01-01
DOI
https://doi.org/10.1504/ijebr.2025.148947
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

Fundamental breach of execution of the off-plan sale contract according to Law No. (3) of 2015 concerning the regulation of the real estate sector in the Emirate of Abu Dhabi - a comparative study

Ali Hadi Al Obeidi
International Journal of Economics and Business Research
Islamic Finance and Banking Studies
article

Fundamental breach of execution of the off-plan sale contract according to Law No. (3) of 2015 concerning the regulation of the real estate sector in the Emirate of Abu Dhabi - a comparative study

Ali Hadi Al Obeidi
article en

Abstract

Contrary to the general rules established in the UAE's Civil Transactions Law, Article (17-1) of Abu Dhabi's Real Estate Sector Law, stipulates: either party can end the contract under a unilateral will without referring to the judiciary if there is a fundamental breach of the contract by the other party. Since the UAE legislation is devoid of any statement in this regard, the international sale contract rules were used; specifically, Article (25) of the United Nations Convention on the International Sale of Goods (Vienna 1980) and English law. To achieve this purpose an analytical approach towards Article (17) was implemented, and the article compared to the international sales texts. This research's crucial findings are the precise definition of a contract's fundamental breach, and the specific conditions required to fulfil this breach. This study contributes to existing research by recommending specific amendments on Article (17-1) and Article (25) Vienna Convention.

International Journal of Economics and Business ResearchVol. 29(6)
Al Ain University (AE)
Openalex Percentile: Top 59%
Islamic Finance and Banking Studies
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Fundamental breach of execution of the off-plan sale contract according to Law No. (3) of 2015 concerning the regulation of the real estate sector in the Emirate of Abu Dhabi - a comparative study — Ali Hadi Al Obeidi · International Journal of Economics and Business Research (2025) | TGRS Research Map | TGRS