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Sale And Purchase Deed Template for United Arab Emirates

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Key Requirements PROMPT example:

Sale And Purchase Deed

"I need a Sale and Purchase Deed for a commercial warehouse property in Dubai Industrial City, where my company is purchasing from a foreign seller, with completion scheduled for March 2025 and including specific provisions for existing tenant rights."

Document background
The Sale and Purchase Deed is a crucial legal document used in the United Arab Emirates for real estate transactions, serving as the primary instrument for transferring property ownership. This document is essential for both residential and commercial property transactions and must comply with UAE Civil Code (Federal Law No. 5 of 1985) and relevant emirate-specific property regulations. The deed captures all vital aspects of the property transfer, including detailed property descriptions, purchase price, payment terms, warranties, and registration requirements. It is particularly important in the UAE market where property transactions are strictly regulated and require specific formalities for legal validity, including proper notarization and registration with relevant Land Departments. The Sale and Purchase Deed also serves as a critical document for foreign investment in UAE real estate, incorporating necessary provisions for foreign ownership compliance where applicable.
Suggested Sections

1. Parties: Detailed identification of the Seller and Buyer, including full legal names, Emirates ID numbers (for individuals) or trade license details (for companies), and complete addresses

2. Background: Context of the sale, brief description of the property, and confirmation of the Seller's right to sell

3. Definitions: Key terms used throughout the deed, including Property, Completion Date, Purchase Price, and other relevant defined terms

4. Property Details: Comprehensive description of the property including plot number, property title details, size, location, and any included fixtures and fittings

5. Sale and Purchase: Core agreement for the sale and purchase, including the basic bargain between parties

6. Purchase Price: Detailed breakdown of the purchase price, payment schedule, and payment methods

7. Completion: Process and requirements for completion, including timing, location, and documentation requirements

8. Seller's Warranties: Warranties regarding property ownership, condition, and absence of encumbrances

9. Property Registration: Process and requirements for registering the property transfer with relevant authorities

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

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

12. Execution: Formal execution block including space for signatures, witnesses, and notarization

Optional Sections

1. Condition of Property: Detailed description of property condition, used when selling property as-is or with known defects

2. Foreign Ownership Compliance: Additional provisions required when the buyer is a foreign national or entity

3. Mortgage Details: Required when the property is being sold subject to an existing mortgage or will be mortgaged as part of the purchase

4. Service Charge Provisions: Required for properties in managed communities or buildings with service charges

5. Tenant Rights: Required when the property is sold with existing tenants

6. Developer Approval: Required when the property is in a development requiring developer approval for transfer

7. Power of Attorney: Required when either party is acting through an attorney

Suggested Schedules

1. Property Schedule: Detailed technical description of the property including floor plans, plot maps, and specifications

2. Title Documents: Copies of existing title deed and other ownership documents

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

4. Inventory: List of fixtures, fittings, and any other items included in the sale

5. Property Certificates: Copies of relevant certificates including building completion certificate, NOCs

6. Due Diligence Documents: Copies of property inspection reports, maintenance records, and other due diligence materials

7. Required Registrations: List of registrations and approvals required for property transfer

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

Banking & Finance

Construction

Property Development

Legal Services

Investment & Asset Management

Hospitality

Retail

Industrial & Manufacturing

Healthcare

Education

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Corporate Affairs

Finance

Investment

Asset Management

Risk Management

Operations

Administration

Relevant Roles

Real Estate Manager

Property Lawyer

Legal Counsel

Compliance Officer

Real Estate Agent

Property Developer

Investment Manager

Asset Manager

Financial Controller

Real Estate Director

Corporate Lawyer

Property Manager

Transaction Manager

Due Diligence Officer

Chief Legal Officer

Real Estate Partner

Conveyancing Manager

Property Administrator

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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