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Real Estate Non Compete Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Real Estate Non Compete Agreement

"I need a Real Estate Non-Compete Agreement for my Dubai-based property development company to prevent our departing senior property consultant from competing within a 50km radius of our main operations for 2 years, starting from March 2025."

Document background
The Real Estate Non-Compete Agreement is essential in the UAE's dynamic property market to protect legitimate business interests and maintain fair competition. This document is typically used when real estate companies or professionals seek to prevent former partners, employees, or business associates from competing directly in specific market segments or geographical areas. It must carefully balance business protection with UAE legal requirements, particularly regarding reasonable duration and geographical scope. The agreement is structured to comply with UAE Federal Law No. 5 of 1985 (Civil Code) and other relevant regulations, making it especially relevant in emirates with highly competitive real estate markets like Dubai and Abu Dhabi. The document includes specific provisions for different types of real estate activities, confidentiality obligations, and enforcement mechanisms recognized under UAE law.
Suggested Sections

1. Parties: Identification of the parties entering into the agreement, including full legal names and addresses

2. Background: Context of the agreement, relationship between parties, and purpose of the non-compete restrictions

3. Definitions: Key terms used throughout the agreement, including specific real estate activities, territorial scope, and restricted business activities

4. Scope of Non-Compete: Detailed description of prohibited activities and business operations in the real estate sector

5. Duration: Time period for which the non-compete restrictions will remain in effect

6. Geographic Area: Specific definition of the territorial scope where restrictions apply

7. Confidentiality Obligations: Provisions regarding the protection of confidential information and trade secrets

8. Acknowledgments: Parties' acknowledgment of the reasonableness of restrictions and receipt of consideration

9. Remedies: Available remedies in case of breach, including injunctive relief and damages

10. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments

Optional Sections

1. Non-Solicitation: Additional restrictions on soliciting clients, employees, or suppliers - used when broader protection is needed

2. Consideration: Specific section detailing the consideration provided - required when there is a separate payment or benefit

3. Reporting Requirements: Obligations to report certain activities to ensure compliance - used in high-value or high-risk agreements

4. Exit Provisions: Specific terms for termination or exit from the agreement - used when early termination might be contemplated

5. Training and Trade Secrets: Specific provisions regarding specialized training or trade secrets - used when significant proprietary knowledge is involved

6. Competitive Activities Exception: List of permitted activities despite non-compete - used when certain activities need to be carved out

Suggested Schedules

1. Schedule 1 - Restricted Activities: Detailed list of specific real estate activities that are restricted

2. Schedule 2 - Territorial Map: Map or detailed description of the geographic area where restrictions apply

3. Schedule 3 - Affiliated Companies: List of related companies or entities covered by the agreement

4. Schedule 4 - Consideration Details: Breakdown of any financial or other consideration provided

5. Appendix A - Compliance Certificate: Form of certificate to be signed periodically confirming compliance

6. Appendix B - Permitted Activities: Detailed list of activities that are explicitly permitted under the agreement

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








































Clauses






























Relevant Industries

Real Estate

Property Development

Construction

Property Management

Real Estate Investment

Real Estate Technology

Property Consultancy

Commercial Property

Residential Property

Real Estate Marketing

Relevant Teams

Legal

Real Estate Operations

Business Development

Sales

Marketing

Property Management

Investment Analysis

Strategy

Compliance

Human Resources

Relevant Roles

Real Estate Director

Property Development Manager

Real Estate Broker

Business Development Manager

Property Consultant

Real Estate Investment Analyst

Chief Executive Officer

Operations Director

Sales Manager

Marketing Director

Property Valuation Specialist

Real Estate Portfolio Manager

Strategy Director

Regional Manager

Branch 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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