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Real Estate Sales Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Free Real Estate Sales Agreement

I need a Free Real Estate Sales Agreement for the purchase of a residential villa in Dubai Marina by a foreign individual buyer, with completion scheduled for March 2025, including provisions for property registration with Dubai Land Department and existing tenant rights.

What is a Real Estate Sales Agreement?

The Free Real Estate Sales Agreement is a fundamental document used in the United Arab Emirates for property transactions where no standard form is imposed by regulatory authorities. This agreement is essential for documenting the transfer of real estate ownership between parties, whether they are individuals or corporate entities. It must comply with UAE federal laws and emirate-specific regulations, particularly in Dubai and Abu Dhabi where distinct real estate regulatory frameworks exist. The agreement covers crucial elements including property details, payment terms, warranties, and completion requirements, while ensuring adherence to local property registration procedures and foreign ownership restrictions. Its 'free' format allows for customization to specific transaction requirements while maintaining compliance with mandatory legal provisions under UAE law.

What sections should be included in a Real Estate Sales Agreement?

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

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

3. Definitions: Key terms used throughout the agreement, including specific UAE real estate terminology

4. Property Details: Comprehensive description of the property including title deed number, plot number, and registration details as per UAE property registration requirements

5. Purchase Price: Agreed purchase price, payment schedule, and method of payment in compliance with UAE regulations

6. Payment Terms: Detailed payment structure including deposits, installments, and final payment arrangements

7. Property Registration: Process and obligations regarding property registration with relevant authorities (e.g., Dubai Land Department or Abu Dhabi Municipality)

8. Completion and Handover: Conditions for completion, transfer of ownership, and physical handover of the property

9. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and compliance with UAE property laws

10. Buyer's Warranties: Warranties regarding financial capacity and compliance with UAE property ownership regulations

11. Costs and Fees: Allocation of registration fees, transfer fees, and other costs as per UAE requirements

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

13. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction of UAE courts

What sections are optional to include in a Real Estate Sales Agreement?

1. Mortgage Arrangements: Include when the property purchase involves mortgage financing, detailing bank requirements and obligations

2. Off-Plan Provisions: Include for properties under construction, covering RERA requirements and development milestones

3. Condition Precedents: Include when completion is subject to specific conditions like regulatory approvals or third-party consents

4. Service Charge Provisions: Include for properties in managed communities, detailing service charge obligations

5. Defect Liability: Include for new properties, specifying warranty periods and remediation processes

6. Foreign Ownership Declaration: Include when either party is a non-UAE national, addressing relevant ownership restrictions

7. Power of Attorney: Include when any party is acting through an authorized representative

8. Furniture and Fixtures: Include when the sale includes specific furniture or fixtures

9. Tenant Rights: Include when the property is currently leased, addressing existing tenancy rights

What schedules should be included in a Real Estate Sales Agreement?

1. Property Details Schedule: Detailed technical description of the property including floor plans, area calculations, and boundary details

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

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

4. Property Condition Report: Current condition of the property and any agreed repairs or modifications

5. Required Documents Checklist: List of documents required for property transfer as per UAE authorities

6. Service Charge Statement: Current status of service charges and pending payments

7. NOC List: List of required No Objection Certificates from various authorities

8. Property Photos: Documentary evidence of property condition at time of agreement

9. Regulatory Compliance Certificates: Copies of relevant certificates and permits required by UAE authorities

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































Clauses



































Relevant Industries

Real Estate

Construction

Property Development

Banking and Finance

Legal Services

Property Management

Investment and Asset Management

Hospitality

Retail

Commercial Property

Relevant Teams

Legal

Real Estate

Compliance

Sales

Business Development

Property Management

Investment

Asset Management

Contract Administration

Risk Management

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Compliance Officer

Real Estate Agent

Property Consultant

Investment Manager

Asset Manager

Real Estate Director

Property Portfolio Manager

Sales Manager

Contract Manager

Business Development Manager

Real Estate Broker

Property Valuation Specialist

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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