Commercial Listing Agreement Template for the United Arab Emirates

A Commercial Listing Agreement is a legally binding contract that authorizes a licensed real estate broker to market, advertise, and sell or lease your commercial property in the United Arab Emirates. This document establishes the professional relationship between you as the property owner and the broker, defining their scope of authority, compensation structure, and mutual obligations under UAE law.

When do you need this document?

You need a Commercial Listing Agreement when engaging a real estate broker to market your office building, retail space, warehouse, or other commercial property in the UAE. This agreement is mandatory when working with RERA-licensed brokers in Dubai and is essential for establishing clear terms before any marketing activities begin. You'll also need this document when switching brokers, renewing existing listing arrangements, or when multiple brokers will be involved in marketing your property. The agreement protects your interests while ensuring the broker operates within their licensed authority.

Key legal considerations

Your Commercial Listing Agreement must clearly define the broker's authority to act on your behalf, including whether they can negotiate terms, show the property, or accept deposits. Commission structures should specify the exact percentage or fixed amount, when payment is due, and any conditions for earning commission. The listing period must be clearly stated with renewal terms, and you should include provisions for early termination. Marketing restrictions, if any, should be explicitly outlined, along with the broker's obligations to provide regular updates and maintain confidentiality. Include clauses addressing potential conflicts of interest and the broker's duty to present all offers promptly.

Legal requirements in United Arab Emirates

Under UAE Federal Law No. 5 of 1985 and Dubai Law No. 7 of 2006, your Commercial Listing Agreement must include specific mandatory provisions to be legally enforceable. The broker must be licensed under RERA regulations in Dubai or equivalent authorities in other emirates, and their license number must be clearly stated. The agreement must specify the property's exact location, boundaries, and any existing encumbrances or restrictions. RERA regulations require disclosure of any relationship between the broker and potential buyers or tenants. The contract must be in Arabic or accompanied by a certified Arabic translation for official purposes. Additionally, the agreement should comply with UAE Commercial Transactions Law regarding commission disputes and include provisions for resolving conflicts through UAE courts or approved arbitration centers.