Ƶ

Buy Sale Agreement for United Arab Emirates

Buy Sale Agreement Template for United Arab Emirates

A comprehensive legal document governed by UAE law that formalizes the transfer of ownership of goods, assets, or property from a seller to a buyer. This agreement outlines the terms and conditions of the sale, including purchase price, payment terms, warranties, and delivery arrangements, while ensuring compliance with UAE Civil Code requirements and relevant emirate-specific regulations. The document incorporates necessary provisions for VAT compliance, ownership transfer procedures, and dispute resolution mechanisms in accordance with UAE jurisdiction, while potentially including Sharia-compliant elements where required.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Buy Sale Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Buy Sale Agreement?

The Buy Sale Agreement serves as a fundamental legal instrument in the United Arab Emirates for documenting the transfer of ownership in commercial and private transactions. This document is essential when parties wish to formalize the sale of goods, assets, or property while ensuring compliance with UAE Civil Code (Federal Law No. 5 of 1985) and relevant emirate-specific regulations. It provides comprehensive coverage of sale terms, including price, payment conditions, warranties, and delivery arrangements, while incorporating necessary provisions for VAT compliance and ownership transfer procedures. The agreement is particularly important in the UAE context as it must address both common law commercial principles and local legal requirements, including potential Sharia law considerations. It can be used for various transaction types, from simple goods sales to complex asset transfers, and can be adapted to include additional provisions for specific regulatory compliance or industry requirements.

What sections should be included in a Buy Sale Agreement?

1. Parties: Identification of the seller and buyer with full legal names, addresses, and registration details as per UAE requirements

2. Background: Context of the sale, brief description of the asset/goods, and purpose of the agreement

3. Definitions: Key terms used throughout the agreement, including specific UAE legal terminology where relevant

4. Sale and Purchase: Core terms of the sale including description of assets/goods and confirmation of transfer of ownership

5. Purchase Price: Amount, currency, payment terms, and method of payment, including VAT considerations

6. Completion: Details of when and how the sale will be completed, including delivery terms and transfer of title

7. Seller's Warranties: Standard warranties about ownership, condition, and quality of goods/assets as per UAE law

8. Buyer's Warranties: Confirmations from buyer regarding authority to enter into agreement and financial capacity

9. Condition of Assets: Description of the current state of assets/goods and any known defects

10. Risk and Title: When risk and ownership pass from seller to buyer

11. Termination: Circumstances under which the agreement can be terminated and consequences

12. Governing Law and Jurisdiction: Confirmation of UAE law as governing law and jurisdiction for disputes

13. Execution: Signature blocks compliant with UAE requirements including witness provisions

What sections are optional to include in a Buy Sale Agreement?

1. Due Diligence: Used for complex assets requiring buyer investigation period

2. Conditions Precedent: Include when completion is subject to certain conditions being met

3. Post-Completion Obligations: Required for sales with ongoing obligations after completion

4. Intellectual Property: Include when sale involves IP rights or licenses

5. Employees: Required when sale involves transfer of employees

6. Confidentiality: Include for sales involving sensitive business information

7. Non-Competition: Used when seller needs to be restricted from competing

8. Tax Provisions: Detailed tax arrangements beyond standard VAT considerations

9. Force Majeure: Include for long-term or complex sales arrangements

10. Islamic Finance Compliance: Required when transaction needs to comply with Sharia principles

What schedules should be included in a Buy Sale Agreement?

1. Asset Schedule: Detailed description of assets/goods being sold

2. Payment Schedule: Breakdown of payment terms if involving installments

3. Completion Requirements: Checklist of documents and actions required for completion

4. Form of Transfer Documents: Templates of additional documents required for transfer

5. Warranties: Detailed warranties beyond those in main agreement

6. Encumbrances: List of any existing charges or encumbrances on assets

7. Due Diligence Results: Summary of due diligence findings if relevant

8. Regulatory Approvals: List of required governmental or regulatory approvals

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Publisher

Ƶ

Document Type

Sales Agreement

Sector

Sales

Cost

Free to use
Relevant legal definitions


































Clauses








































Relevant Industries

Real Estate

Retail

Manufacturing

Trading

Technology

Automotive

Industrial

Consumer Goods

Professional Services

Construction

Healthcare

Hospitality

Energy

Agriculture

Education

Relevant Teams

Legal

Finance

Procurement

Sales

Operations

Compliance

Risk Management

Business Development

Commercial

Property Management

Asset Management

Corporate Affairs

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Commercial Director

Procurement Manager

Sales Director

Legal Counsel

Contracts Manager

Business Development Manager

Operations Director

Finance Manager

Risk Manager

Compliance Officer

Property Manager

Asset Manager

Department Head

Managing Director

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Sale Deed Of Immovable Property

A UAE-compliant legal document that transfers ownership rights in real property from seller to purchaser, subject to local property laws and registration requirements.

Download

Sale Deed And Conveyance Deed

A UAE-compliant legal document transferring property ownership rights from seller to purchaser, meeting federal and emirate-specific requirements.

Download

Real Estate Listing Contract

UAE-governed agreement between property owner and real estate broker establishing terms for property listing, marketing, and sale/lease representation.

Download

Real Estate Installment Contract

UAE-governed agreement for property purchase through scheduled installment payments, detailing payment terms and transfer conditions.

Download

Purchase Price Agreement

A UAE-governed agreement detailing terms and conditions for sale and purchase of assets, shares, or business interests, including price, payment terms, and completion mechanics.

Download

On Sale Agreement

A UAE law-governed agreement that establishes the terms and conditions for the sale of goods or assets between parties, ensuring compliance with UAE commercial regulations.

Download

Flat Sale Deed Agreement

UAE-governed agreement for the sale and transfer of ownership of a residential flat/apartment, complying with local property laws and regulations.

Download

Definitive Purchase Agreement

A UAE law-governed agreement that finalizes the terms and conditions of a purchase transaction, including all essential elements from asset description to post-closing obligations.

Download

Deed Of Sale Of Motorcycle

A UAE-compliant legal document that transfers motorcycle ownership from seller to buyer, meeting all RTA and Federal Traffic Law requirements.

Download

Cross Purchase Buy Sell Agreement

A UAE-governed agreement establishing the framework for business owners to purchase ownership interests from other owners upon specific trigger events, ensuring business continuity and compliant ownership transitions.

Download

Contingency Sales Agreement

A UAE-governed agreement establishing terms for a conditional sale transaction, subject to specific contingencies being met before completion.

Download

Co Sale Agreement

UAE-governed agreement establishing tag-along rights for shareholders, enabling minority shareholders to participate in share sales on equal terms with majority shareholders.

Download

Absolute Agreement Of Sale

A UAE-law governed agreement documenting the unconditional sale and transfer of property or assets between parties, with immediate effect.

Download

Sales Exclusivity Agreement

UAE-governed agreement establishing exclusive sales rights between a principal and distributor/agent, defining territorial exclusivity and commercial terms.

Download

Purchase And Sale Agreement Contract

A UAE law-governed agreement that documents the terms and conditions for the sale and purchase of assets, goods, or property between parties.

Download

Used Car Sale Contract

UAE-governed contract for used vehicle sales, ensuring compliant transfer of ownership and protecting both parties' interests under UAE law.

Download

Vehicle Sale Contract

UAE-governed contract for vehicle sale and ownership transfer, ensuring compliance with local traffic laws and RTA requirements.

Download

Real Estate Purchase Offer

A UAE-compliant document outlining terms and conditions for purchasing real estate property, including price, payment terms, and completion requirements.

Download

Sellers Contract

A UAE law-governed agreement establishing terms and conditions for the sale of goods or services, ensuring compliance with UAE commercial regulations while protecting seller interests.

Download

Sales Addendum

A UAE law-governed document that modifies or supplements an existing sales agreement, ensuring compliance with UAE legal requirements while formalizing changes to commercial terms.

Download

Letter Of Intent To Sale Property

A preliminary document under UAE law expressing intent to purchase property, outlining key terms and conditions for the proposed transaction.

Download

Deed Of Sale Of Shares Of Stock

A UAE-compliant legal instrument for transferring share ownership between parties, subject to UAE Commercial Companies Law.

Download

Deed Of Sale And Deed Of Absolute Sale

A UAE-compliant legal document that transfers property ownership rights from seller to buyer, subject to federal and emirate-specific regulations.

Download

Contract To Sell A House

A UAE-compliant legal agreement for the sale and transfer of residential property ownership, governed by UAE federal and emirate-specific real estate laws.

Download

Aircraft Sale Agreement

UAE-governed agreement for aircraft sale and purchase, compliant with UAE aviation regulations and civil code requirements.

Download

Agreement For Sale Of Flat

A UAE-governed agreement documenting the legal sale and purchase of a residential flat, including all essential terms and regulatory requirements.

Download

Simple Business Sale Agreement

UAE-governed agreement for the sale and purchase of a business, outlining key terms, conditions, and transfer requirements under UAE commercial law.

Download

Sales Commission Contract

UAE-governed agreement establishing commission-based sales arrangements, including payment terms, targets, and performance metrics.

Download

Purchase Agreement For House For Sale By Owner

UAE-governed purchase agreement for direct property sale between private owner and buyer, compliant with UAE federal and emirate-specific property laws.

Download

Private Sale Of House Contract

UAE-governed contract for private residential property sale, ensuring compliant transfer of ownership rights and adhering to local property laws.

Download

Flat Buying Agreement

UAE-governed agreement for the purchase and sale of residential apartment units, complying with UAE federal and emirate-level property regulations.

Download

Channel Partner Agreement For Software Sales

UAE-governed agreement establishing terms for software distribution partnership between a software company and channel partner, outlining distribution rights, obligations, and commercial terms.

Download

Business Sale Purchase Agreement

UAE-governed agreement for the sale and purchase of a business, covering all essential terms and conditions under UAE law.

Download

Basic Sales Agreement

UAE-compliant Basic Sales Agreement template for commercial transactions, incorporating local legal requirements and Sharia principles.

Download

NDA For Selling A Business

UAE-compliant non-disclosure agreement for protecting confidential information during business sale transactions, suitable for both mainland and free zone operations.

Download

Agreement Of Sale Without Possession

UAE-governed agreement for property sale with delayed possession transfer, compliant with UAE Civil Code and local property laws.

Download

Sales Person Contract

UAE-governed employment agreement for sales professionals, defining sales responsibilities, territories, and commission structures in compliance with UAE Labor Law.

Download

Plot Sale Agreement Form

A UAE-governed legal agreement for the sale and purchase of land plots, complying with federal and emirate-level real estate regulations.

Download

Tripartite Agreement For Sale Of Property

A UAE-law governed agreement establishing a three-way relationship between parties in a property sale transaction, typically involving seller, buyer, and a third party.

Download

Private Token Sale Agreement

UAE-governed agreement for private token sales, compliant with VARA regulations and federal laws, detailing token purchase terms and compliance requirements.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it