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Real Estate Agreement Contract for United Arab Emirates

Real Estate Agreement Contract Template for United Arab Emirates

A comprehensive legal document governed by UAE law that formalizes the transfer of real estate property ownership between parties. This agreement adheres to federal UAE legislation and specific emirate-level property laws, incorporating mandatory requirements from the relevant Land Department. The document details all aspects of the property transaction, including purchase price, payment terms, completion requirements, and party obligations, while ensuring compliance with UAE real estate regulations, anti-money laundering laws, and property registration requirements.

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What is a Real Estate Agreement Contract?

The Real Estate Agreement Contract is a fundamental legal instrument in UAE property transactions, essential for both residential and commercial property transfers. This document is required by UAE Land Departments for official property registration and must comply with Federal Law No. 5 of 1985 (UAE Civil Code) and relevant emirate-specific real estate regulations. The agreement serves as the primary contract governing property sales, detailing crucial elements such as property specifications, payment terms, warranties, and completion requirements. It's particularly important in the UAE market where property transactions involve specific documentary requirements, mandatory registration procedures, and strict compliance with local real estate laws. The contract typically requires attestation by the relevant Land Department to be legally enforceable.

What sections should be included in a Real Estate Agreement Contract?

1. Parties: Identification of all parties including full legal names, Emirates ID numbers for UAE residents, passport numbers for non-residents, and registered addresses

2. Background: Context of the agreement, including property transaction type and any relevant pre-contractual arrangements

3. Definitions: Definitions of key terms used throughout the agreement, including specific UAE real estate terminology

4. Property Details: Comprehensive description of the property including location, size, registration details, and TRAKHEESI number

5. Purchase Price and Payment Terms: Detailed breakdown of the purchase price, payment schedule, and method of payment including any escrow arrangements

6. Completion and Transfer of Ownership: Process and timeline for property registration with the relevant land department and transfer of ownership

7. Warranties and Representations: Warranties from both parties regarding property ownership, authority to sell, and compliance with UAE laws

8. Seller's Obligations: Detailed responsibilities of the seller including property handover and documentation requirements

9. Buyer's Obligations: Detailed responsibilities of the buyer including payment obligations and registration requirements

10. Default and Termination: Consequences of breach and conditions for contract termination

11. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant emirate's courts' jurisdiction

12. Notices: Process for formal communications between parties

13. Entire Agreement: Confirmation that the agreement represents the complete understanding between parties

What sections are optional to include in a Real Estate Agreement Contract?

1. Condition of Property: Detailed section for existing properties describing current condition and any known defects

2. Construction and Completion: For off-plan properties, including construction milestones and completion guarantees

3. Service Charges: For properties in managed communities, detailing service charge obligations

4. Rental Guarantees: For investment properties with rental guarantee schemes

5. Mortgage Arrangements: When the purchase involves mortgage financing

6. Property Management: For commercial properties or those with specific management requirements

7. Fixtures and Fittings: Detailed inventory of items included/excluded in the sale

8. Post-Completion Obligations: For properties requiring renovation or modification after purchase

9. Broker Arrangements: When real estate brokers are involved in the transaction

What schedules should be included in a Real Estate Agreement Contract?

1. Property Title Deed: Copy of the original title deed or initial sale contract

2. Property Plans: Approved architectural plans and floor layouts

3. Payment Schedule: Detailed breakdown of payment installments and due dates

4. Property Photographs: Current photographs of the property and its condition

5. Due Diligence Documents: Copies of building permits, certificates, and compliance documents

6. Service Charge Statement: Current and projected service charge statements for the property

7. NOC Documents: Necessary No Objection Certificates from relevant authorities

8. Handover Protocol: Detailed checklist for property inspection and handover process

9. Broker Agreement: If applicable, terms of broker engagement and commission structure

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

Cost

Free to use
Relevant legal definitions



































Clauses






























Relevant Industries

Real Estate

Property Development

Construction

Banking & Finance

Legal Services

Property Management

Investment & Asset Management

Hospitality

Retail

Commercial Property

Residential Property

Industrial Property

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Sales

Business Development

Investment

Asset Management

Operations

Due Diligence

Risk Management

Corporate Services

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Compliance Officer

Real Estate Broker

Property Manager

Investment Manager

Asset Manager

Contract Administrator

Real Estate Director

Chief Legal Officer

Chief Investment Officer

Property Acquisition Manager

Real Estate Transaction Specialist

Due Diligence Officer

Sales Director

Business Development 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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