Document background
The Exclusive Management Agreement is a specialized contract used when a property owner, business owner, or asset holder wishes to delegate complete management authority to a professional management company or operator on an exclusive basis. This document type is particularly important in the UAE market, where management agreements are common in sectors such as real estate, hospitality, and retail. The agreement must comply with UAE federal and emirate-specific laws, including the UAE Civil Code, Commercial Code, and relevant sector-specific regulations. It typically includes detailed provisions for management scope, exclusivity terms, performance standards, fee structures, and operational controls, while addressing specific UAE requirements regarding commercial relationships and agency arrangements. The document is essential for establishing clear management rights, responsibilities, and performance expectations while protecting both parties' interests under UAE law.
