The Lease and Sale Agreement is a specialized contract used in the United Arab Emirates real estate market when parties wish to combine a leasing arrangement with a future sale transaction. This document is particularly useful in situations where immediate purchase isn't feasible or desired, but there's an intention to transfer ownership after a lease period. The agreement must comply with UAE federal laws, including the Civil Code and Property Laws, as well as specific emirate-level regulations. It's commonly used in both commercial and residential contexts, requiring registration with relevant land departments and incorporating specific UAE legal requirements for property transactions. The document includes detailed provisions for both the lease period (including rent, maintenance, and usage terms) and the subsequent sale (including purchase price, payment terms, and transfer procedures), making it essential for property developers, investors, and businesses looking for flexible property acquisition arrangements in the UAE.

1. Parties: Identification of the lessor/seller and lessee/buyer, including full legal names, Emirates ID numbers, and contact details as required by UAE law

2. Background: Context of the transaction, description of the property, and the intention to lease with an option to purchase

3. Definitions: Key terms used throughout the agreement, including specific UAE legal and property terminology

4. Property Details: Comprehensive description of the property, including its location, size, and registration details as per UAE property registry

5. Lease Terms: Duration of lease, rent amount, payment terms, and maintenance responsibilities during the lease period

6. Sale Terms: Purchase price, payment structure, and conditions for exercising the purchase option

7. Completion Requirements: Steps required for property transfer, including registration requirements with relevant UAE authorities

8. Payment Terms: Detailed payment schedule for both lease and sale components, including deposit requirements

9. Handover and Possession: Conditions and procedures for initial lease handover and final sale transfer

10. Representations and Warranties: Statements of fact and promises by both parties regarding the property and their capacity to enter the agreement

11. Covenants: Ongoing obligations of both parties during lease period and transition to sale

12. Default and Remedies: Consequences of breach and available remedies under UAE law

13. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant emirate courts' jurisdiction

14. Notices: Process for formal communications between parties

15. Execution: Signature blocks and attestation requirements as per UAE law