The Flat Purchase Agreement is a crucial legal document used in the United Arab Emirates for residential property transactions involving apartments or flats. It serves as the primary contract between a seller and buyer, establishing their rights and obligations in accordance with UAE federal laws and emirate-specific regulations. This agreement is essential for both new properties from developers and resale transactions between private parties. The document must comply with RERA (Real Estate Regulatory Agency) requirements and includes detailed provisions for property description, payment terms, completion processes, and ownership transfer procedures. It's particularly important in the UAE market where property transactions are strictly regulated and require specific documentation and registration procedures. The agreement typically incorporates provisions for escrow arrangements, service charges, and property maintenance obligations, reflecting the unique requirements of UAE property law.

1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and Emirates ID/passport numbers

2. Background: Brief context of the transaction and confirmation of Seller's ownership and authority to sell

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Details: Detailed description of the property including unit number, floor, building name, land details, and RERA registration details

5. Purchase Price: Agreed purchase price and payment schedule including deposit and installment terms

6. Payment Terms: Detailed payment mechanism, escrow arrangements, and consequences of payment default

7. Completion: Process and requirements for completion of the sale, including documentation and registration requirements

8. Seller's Obligations: Seller's commitments including providing clear title, necessary documentation, and maintenance until handover

9. Buyer's Obligations: Buyer's commitments including timely payments, documentation provision, and registration requirements

10. Warranties and Representations: Warranties from both parties regarding their capacity, authority, and property condition

11. Property Handover: Process and conditions for physical handover of the property

12. Transfer of Title: Process and requirements for legal transfer of title

13. Fees and Expenses: Allocation of transaction costs, registration fees, and other expenses

14. Default and Termination: Consequences of breach and termination rights

15. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction for disputes