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Deed Of Sale Property Template for United Arab Emirates

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Key Requirements PROMPT example:

Deed Of Sale Property

"I need a Deed of Sale Property for a commercial warehouse in Dubai Industrial City, with completion scheduled for March 2025, including specific provisions for industrial equipment transfer and foreign corporate ownership requirements."

Document background
The Deed of Sale Property is a crucial legal instrument in UAE real estate transactions, used to formally document and execute the transfer of property ownership. This document is essential for both residential and commercial property transactions in the UAE, requiring careful attention to local legal requirements and property registration procedures. The deed must incorporate specific elements mandated by UAE federal laws and emirate-specific regulations, including detailed property descriptions, party information, and payment terms. It serves as the primary evidence of property transfer and must be registered with relevant authorities such as the Dubai Land Department or Abu Dhabi Municipality, depending on the property's location. The document is particularly important given the UAE's unique property ownership laws, foreign investment regulations, and the need for compliance with both civil law and potential Sharia requirements.
Suggested Sections

1. Parties: Details of the seller and buyer, including full legal names, Emirates ID numbers, passport numbers, and addresses

2. Background: Brief context of the transaction and confirmation of the seller's right to sell the property

3. Definitions: Key terms used throughout the deed, including Property, Completion Date, Purchase Price, and other relevant terms

4. Property Details: Comprehensive description of the property including plot number, unit number, building name, emirate, area, and size in square feet/meters

5. Sale and Purchase: Core agreement terms stating the seller's agreement to sell and buyer's agreement to purchase

6. Purchase Price: Detailed breakdown of the purchase price and payment structure

7. Completion Requirements: Conditions to be met for completion of the sale, including documentation and registration requirements

8. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and authority to sell

9. Transfer of Title: Process and requirements for transferring property ownership

10. Registration: Requirements and process for registering the property transfer with relevant authorities

11. Costs and Expenses: Allocation of transaction costs, including registration fees, transfer fees, and agent commissions

12. Execution: Formal execution clause and signature blocks

Optional Sections

1. Condition of Property: Used when specific property conditions need to be documented or when the property is sold with known defects

2. Islamic Finance Compliance: Required when the transaction involves Islamic financing or needs to comply with Sharia principles

3. Agent Details: Included when real estate agents are involved in the transaction

4. Mortgage Details: Required when the property is subject to an existing mortgage or new mortgage arrangement

5. Foreign Ownership Declaration: Required when the buyer is a non-UAE national, confirming compliance with foreign ownership restrictions

6. Handover Arrangements: Used when specific arrangements for property handover need to be documented

7. Service Charge Settlements: Required for properties in managed communities where service charge settlements need to be addressed

Suggested Schedules

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

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

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

4. Property Certificates: Relevant certificates including building completion certificate and NOCs

5. Inventory List: List of fixtures, fittings, and furniture included in the sale (if applicable)

6. Due Diligence Documents: Copies of property inspection reports, maintenance records, and other relevant documentation

7. Required Forms: Standard forms required by UAE authorities for property transfer

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































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Relevant Industries

Real Estate

Property Development

Construction

Banking & Finance

Legal Services

Islamic Finance

Property Management

Investment & Asset Management

Insurance

Hospitality

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Investment

Corporate Affairs

Operations

Risk Management

Finance

Business Development

Relevant Roles

Real Estate Manager

Property Lawyer

Legal Counsel

Real Estate Agent

Property Developer

Investment Manager

Asset Manager

Compliance Officer

Property Registration Officer

Real Estate Transaction Manager

Contract Administrator

Legal Director

Property Portfolio Manager

Real Estate Investment Advisor

Due Diligence 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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