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Standard Contract Of Sale for United Arab Emirates

Standard Contract Of Sale Template for United Arab Emirates

A comprehensive legal document governed by UAE law that formalizes the transfer of ownership of goods or property from a seller to a buyer. This contract adheres to the requirements of the UAE Civil Code (Federal Law No. 5 of 1985) and related commercial regulations, establishing the terms and conditions of the sale, including price, payment terms, delivery requirements, warranties, and risk transfer provisions. The document incorporates UAE-specific legal requirements while providing a flexible framework that can be adapted for various types of sales transactions, from simple goods to complex assets.

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What is a Standard Contract Of Sale?

The Standard Contract of Sale serves as a fundamental legal instrument in UAE commercial transactions, designed to facilitate the structured transfer of goods or property between parties. This document is essential when conducting sales transactions within the UAE jurisdiction, whether for straightforward retail sales or complex commercial deals. It incorporates mandatory provisions required by UAE Civil Code (Federal Law No. 5 of 1985), Commercial Transactions Law, and relevant regulations, while maintaining flexibility to accommodate various transaction types. The contract typically includes detailed specifications of the sale items, pricing structures, payment terms, delivery arrangements, warranty provisions, and risk allocation, all aligned with UAE legal requirements and business practices. This template is particularly valuable for businesses and individuals seeking to ensure their sales transactions are legally compliant and properly documented within the UAE legal framework.

What sections should be included in a Standard Contract Of Sale?

1. Parties: Identification of seller and buyer with full legal names, addresses, and registration details as per UAE requirements

2. Background: Context of the sale and brief description of the transaction

3. Definitions: Key terms used throughout the agreement, including specific UAE legal terminology where relevant

4. Sale and Purchase: Core transaction terms including clear description of items being sold

5. Purchase Price: Detailed price terms, currency, and payment method in compliance with UAE monetary regulations

6. Payment Terms: Timeline and method of payment, including any deposits or installments

7. Delivery: Delivery terms, timing, location, and responsibility for costs

8. Title and Risk: Transfer of ownership and risk provisions in accordance with UAE law

9. Seller's Warranties: Standard warranties regarding ownership, quality, and condition of sale items

10. Buyer's Warranties: Warranties from buyer regarding authority to enter agreement and payment capability

11. Termination: Circumstances allowing contract termination and consequences

12. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant courts

13. Execution: Signature blocks with UAE-compliant execution requirements

What sections are optional to include in a Standard Contract Of Sale?

1. Conditions Precedent: Used when completion depends on specific conditions being met first

2. Installment Payment Terms: Detailed terms for installment payments when applicable

3. International Shipping Terms: Required for international sales, including Incoterms and customs requirements

4. Quality Inspection: Detailed inspection procedures for complex or technical items

5. After-Sale Service: Terms of maintenance or support services if included

6. Insurance: Insurance requirements during transit or for specific high-value items

7. Intellectual Property: Required when sale includes IP rights or licensed materials

8. Confidentiality: Used for sales involving sensitive information or trade secrets

9. Force Majeure: Detailed provisions for unforeseen circumstances affecting performance

What schedules should be included in a Standard Contract Of Sale?

1. Schedule 1 - Description of Goods: Detailed technical specifications or inventory of items being sold

2. Schedule 2 - Price Breakdown: Itemized pricing, including any variations or optional components

3. Schedule 3 - Delivery Schedule: Detailed timeline for phased deliveries if applicable

4. Schedule 4 - Quality Standards: Specific quality requirements and testing procedures

5. Schedule 5 - Warranty Terms: Detailed warranty conditions and claim procedures

6. Appendix A - Required Documents: List of documents required for completion (e.g., certificates, permits)

7. Appendix B - Form of Payment Guarantee: Standard form for any required payment guarantees or letters of credit

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

Document Type

Sales Agreement

Sector

Sales

Cost

Free to use
Relevant legal definitions








































Clauses



































Relevant Industries

Retail

Manufacturing

Real Estate

Automotive

Electronics

Consumer Goods

Industrial Equipment

Construction Materials

Textile and Apparel

Food and Beverage

Pharmaceuticals

Technology

Agriculture

Energy

Telecommunications

Relevant Teams

Legal

Procurement

Sales

Commercial

Operations

Finance

Compliance

Risk Management

Supply Chain

Business Development

Corporate Secretariat

Relevant Roles

Legal Counsel

Contract Manager

Procurement Manager

Sales Director

Business Development Manager

Commercial Manager

Operations Manager

Finance Manager

Compliance Officer

Risk Manager

General Manager

CEO

CFO

Supply Chain Manager

Purchasing Officer

Legal Director

Corporate Secretary

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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