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Purchase Deed Template for United Arab Emirates

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Key Requirements PROMPT example:

Purchase Deed

"I need a Purchase Deed for acquiring a commercial warehouse in Dubai Industrial City valued at AED 15 million, with completion scheduled for March 2025, including provisions for existing tenant arrangements and service charge obligations."

Document background
The Purchase Deed is a crucial legal document used in the United Arab Emirates for real estate transactions, serving as definitive evidence of property ownership transfer. This document is essential when any real estate property is being sold and purchased in the UAE, whether for residential, commercial, or industrial purposes. The Purchase Deed must comply with UAE federal laws, including Federal Law No. 5 of 1985 (Civil Code), as well as specific emirate-level property regulations. It contains comprehensive details about the property, parties involved, purchase price, payment terms, and warranties, while ensuring adherence to local registration requirements and Sharia principles. The document is typically prepared in both Arabic and English, and must be registered with the relevant Land Department to complete the transfer of ownership.
Suggested Sections

1. Parties: Full legal names and details of the Seller and Purchaser, including Emirates ID/passport numbers for individuals or trade license details for companies

2. Background: Brief context of the transaction and confirmation of the Seller's ownership of the Property

3. Definitions: Key terms used throughout the deed, including 'Property', 'Purchase Price', 'Completion Date', etc.

4. Property Details: Comprehensive legal description of the property including title deed number, property size, location, and any registered easements or encumbrances

5. Sale and Purchase: Core provision documenting the agreement to sell and purchase the Property for the specified Purchase Price

6. Purchase Price: Detailed breakdown of the purchase price and payment terms

7. Completion Requirements: Conditions to be satisfied for completion of the sale, including documentation and registration requirements

8. Seller's Warranties: Warranties regarding ownership, authority to sell, and property condition

9. Title and Registration: Provisions regarding transfer of title and registration with relevant authorities

10. Costs and Taxes: Allocation of transaction costs, registration fees, and applicable taxes

11. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction

Optional Sections

1. Condition of Property: Detailed description of property condition, used when selling property 'as is' or with specific conditions noted

2. Tenancy Details: Include when property is sold with existing tenants, detailing current lease terms

3. Mortgage Details: Required when property is being sold subject to an existing mortgage or new mortgage arrangements

4. Post-Completion Obligations: Include when there are specific obligations that survive completion

5. Property Management: Required for properties within managed communities or with specific management arrangements

6. Defect Liability: Include for new properties or those with ongoing warranty periods

7. Service Charge Provisions: Required for properties in developments with service charges, detailing payment obligations

Suggested Schedules

1. Schedule 1 - Property Description: Detailed technical description of the property including floor plans and specifications

2. Schedule 2 - Title Documents: List of all title documents and registered interests affecting the property

3. Schedule 3 - Payment Schedule: Detailed breakdown of payment installments and timing

4. Schedule 4 - Completion Requirements: Checklist of documents and requirements for completion

5. Appendix A - Property Photos: Recent photographs of the property (if applicable)

6. Appendix B - Property Plans: Architectural plans and layout drawings

7. Appendix C - Service Charge Schedule: Details of service charges and management fees (if applicable)

Authors

Alex Denne

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

Relevant legal definitions



































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Relevant Industries

Real Estate

Construction

Banking & Finance

Legal Services

Property Development

Investment & Asset Management

Hospitality

Retail

Commercial Property

Industrial & Manufacturing

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Asset Management

Investment

Operations

Finance

Risk Management

Corporate Services

Relevant Roles

Real Estate Manager

Property Lawyer

Legal Counsel

Compliance Officer

Real Estate Director

Property Development Manager

Investment Manager

Asset Manager

Real Estate Agent

Property Consultant

Legal Director

Conveyancing Manager

Real Estate Transaction Specialist

Corporate Counsel

Property Portfolio Manager

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

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