Document background
The Bargain Sale Deed is a specialized legal instrument used in the United Arab Emirates when transferring real property ownership at a price below market value. This document is particularly relevant in family transactions, corporate restructuring, or charitable dispositions where the property transfer occurs at a discounted price. The deed must strictly comply with UAE Civil Code requirements and local emirate regulations, including specific formatting, content, and execution requirements. It contains comprehensive details about the property, parties involved, consideration amount, and transfer terms. The document requires registration with the relevant Land Department and must be properly attested according to UAE law. Unlike standard sale deeds, the Bargain Sale Deed includes additional declarations and justifications for the below-market-value transaction to ensure transparency and legal compliance.
