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The Real Estate Purchase Agreement is a crucial legal document used in the United Arab Emirates for documenting and executing property transactions. This agreement is essential for any transfer of real estate ownership, whether residential, commercial, or industrial property, and must comply with UAE federal laws and specific emirate regulations. The document is designed to protect both parties' interests while ensuring adherence to local property laws, registration requirements, and escrow regulations. It includes detailed provisions for property description, payment terms, completion procedures, and regulatory compliance, making it suitable for both standard property transfers and more complex real estate transactions. The agreement must be structured to accommodate UAE-specific requirements such as Land Department registration procedures, foreign ownership restrictions where applicable, and mandatory escrow arrangements.

1. Parties: Identification of the seller and purchaser with full legal names, Emirates ID numbers, and contact details as required by UAE law

2. Background: Context of the transaction and brief description of the property being sold

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

4. Sale and Purchase: Core agreement for the sale and purchase of the property, including the exact description and details registered with the relevant land department

5. Purchase Price: The agreed price and payment schedule, including deposit requirements and escrow arrangements as per UAE regulations

6. Payment Terms: Detailed payment mechanisms, installment schedule if applicable, and escrow account details as required by UAE law

7. Completion: Requirements and process for completion of the sale, including registration requirements with the relevant land department

8. Seller's Obligations: Pre-completion and completion obligations of the seller, including document preparation and regulatory compliance

9. Purchaser's Obligations: Pre-completion and completion obligations of the purchaser, including payment and documentation requirements

10. Property Condition: Statement on the condition of the property and any warranties provided

11. Title and Ownership: Confirmation of title, ownership rights, and any restrictions as per UAE property ownership laws

12. Registration: Process and requirements for property registration with the relevant land department

13. Default and Termination: Consequences of default and termination rights under UAE law

14. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction of UAE courts

15. Notices: Process for serving notices and communications between parties

16. Execution: Signature blocks and execution requirements compliant with UAE law