Real Property Sales Contract for United Arab Emirates

Real Property Sales Contract Template for United Arab Emirates

A comprehensive legal document governed by UAE law that formalizes the sale and purchase of real property within the United Arab Emirates. This contract outlines the terms and conditions of the property transfer, including detailed property specifications, purchase price, payment terms, and completion requirements in accordance with UAE federal laws and specific emirate-level regulations. It incorporates mandatory provisions required by the UAE Land Department and relevant authorities, ensuring compliance with local property registration requirements, ownership restrictions, and transaction procedures.

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What is a Real Property Sales Contract?

The Real Property Sales Contract is a fundamental legal instrument used in the United Arab Emirates for transferring ownership of real estate from seller to purchaser. This document is essential for any property transaction in the UAE and must comply with federal laws, including the UAE Civil Code, as well as specific emirate-level property regulations. The contract serves as the primary agreement documenting property details, purchase price, payment terms, warranties, and completion requirements. It must be structured to meet the requirements of the relevant Land Department and consider factors such as foreign ownership restrictions, registration procedures, and applicable fees. This document is typically required for property registration and transfer processes, and may need to be provided in both Arabic and English, with the Arabic version prevailing in case of disputes.

What sections should be included in a Real Property Sales Contract?

1. Parties: Identification of seller and purchaser with full legal names, emirates ID numbers, and contact details as required by UAE law

2. Background: Context of the sale and brief description of the property transaction

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, property size, location, and registration details as per UAE Land Department requirements

5. Purchase Price: Total consideration and payment structure, including deposit requirements and payment milestones

6. Payment Terms: Detailed payment schedule, method of payment, and consequences of default

7. Completion: Process and requirements for completion of the sale, including registration requirements with relevant authorities

8. Seller's Warranties: Warranties regarding ownership, authority to sell, and property condition

9. Purchaser's Warranties: Warranties regarding capacity to purchase and compliance with UAE ownership restrictions

10. Registration and Transfer: Procedures for property registration and transfer at the relevant Land Department

11. Costs and Fees: Allocation of registration fees, transfer fees, and other associated costs

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

13. Notices: Process for serving formal notices between parties

14. Force Majeure: Provisions for unforeseen circumstances affecting contract performance

What sections are optional to include in a Real Property Sales Contract?

1. Mortgage Provisions: Required if the property is being purchased with mortgage financing

2. Off-Plan Provisions: Required for properties purchased before construction completion

3. Condition Precedents: Specific conditions that must be met before completion

4. Defects Liability: Required for new properties or those under warranty

5. Service Charge Provisions: Required for properties in managed communities

6. Escrow Arrangements: Required when using escrow services for payment security

7. Property Management Handover: Required for properties with existing tenants or management arrangements

8. Foreign Ownership Compliance: Required when purchaser is a non-UAE national

What schedules should be included in a Real Property Sales Contract?

1. Property Details Schedule: Detailed technical description of the property, including floor plans and specifications

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

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

4. Property Inspection Report: Technical inspection report and condition assessment

5. Inventory List: List of fixtures, fittings, and furnishings included in the sale

6. Due Diligence Documents: Copies of permits, certificates, and compliance documents

7. Service Charge Statement: Current and projected service charges for the property

8. Property Plans and Drawings: Architectural plans, layout drawings, and location maps

Authors

Alex Denne

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

Publisher

Genie AI

Document Type

Sales Agreement

Sector

Sales

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Construction

Banking & Finance

Legal Services

Property Development

Investment & Asset Management

Hospitality

Retail

Commercial Property

Residential Property

Industrial Property

Relevant Teams

Legal

Real Estate

Compliance

Finance

Sales

Operations

Risk Management

Property Management

Business Development

Investment

Documentation

Asset Management

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Compliance Officer

Real Estate Agent

Property Consultant

Investment Manager

Asset Manager

Chief Financial Officer

Property Portfolio Manager

Real Estate Analyst

Transaction Manager

Development Director

Sales Director

Contract Administrator

Legal Director

Risk Manager

Real Estate Operations Manager

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

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