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The Contract To Sell Condominium is a crucial legal document used in the United Arab Emirates for transferring ownership of condominium units between parties. This agreement is essential in the UAE's dynamic real estate market, particularly in urban centers like Dubai and Abu Dhabi where condominium developments are prevalent. The document must comply with UAE federal laws, including Federal Law No. 5 of 1985 (Civil Code), and specific emirate-level regulations such as Dubai's Law No. 27 of 2007 on Ownership of Jointly Owned Property. It is designed to protect both buyers' and sellers' interests while ensuring compliance with local property registration requirements, RERA guidelines, and Islamic finance principles where applicable. The contract includes comprehensive details about the property, payment terms, warranties, and closing procedures, making it suitable for both off-plan and completed property transactions.

1. Parties: Identification of the Seller and Buyer with complete details including Emirates ID numbers, passport numbers, and contact information

2. Background: Context of the transaction including brief description of the property and parties' intention to enter into sale transaction

3. Definitions: Definitions of key terms used throughout the agreement including Property, Common Areas, Title Deed, etc.

4. Property Description: Detailed description of the condominium unit including unit number, floor, building name, location, and total area

5. Purchase Price: Total purchase price, payment schedule, and method of payment

6. Payment Terms: Detailed breakdown of payment installments, due dates, and payment mechanisms

7. Title and Ownership: Confirmation of seller's ownership and commitment to transfer clear title

8. Common Areas and Facilities: Description of shared facilities and buyer's rights to use common areas

9. Seller's Representations and Warranties: Seller's guarantees regarding property condition, ownership, and encumbrances

10. Buyer's Representations and Warranties: Buyer's confirmation of capacity to purchase and compliance with UAE property ownership laws

11. Closing Process: Steps for completion of sale, including registration requirements and handover process

12. Fees and Expenses: Allocation of registration fees, transfer fees, and other transaction costs

13. Default and Remedies: Consequences of default by either party and available remedies

14. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction for disputes

15. Notices: Method and addresses for official communications between parties