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Land Sale Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Land Sale Agreement

"I need a Land Sale Agreement for a commercial plot in Dubai Industrial City, where the buyer is a foreign corporation; the agreement needs to include foreign ownership compliance requirements and must be completed before March 2025."

Document background
The Land Sale Agreement is a crucial legal document used in the United Arab Emirates for transferring land ownership from one party to another. It must adhere to UAE federal laws, including the Civil Code and relevant emirate-specific regulations, particularly in Dubai and Abu Dhabi which have their own comprehensive real estate laws. This document is essential when any type of land, whether vacant, developed, or part of a master community, is being sold. It includes vital information such as property details, purchase price, payment terms, warranties, and specific UAE requirements like Land Department registration procedures. The agreement must account for local considerations such as foreign ownership restrictions, Sharia compliance requirements, and specific documentary requirements of the relevant Land Department. It serves as the foundation for property registration and transfer of ownership in the UAE's real estate market.
Suggested Sections

1. Parties: Identification of the Seller and Buyer with full legal names, Emirates ID numbers, and contact details as required by UAE law

2. Background: Context of the transaction, including brief property description and parties' intention to enter into the sale

3. Definitions: Definitions of key terms used throughout the agreement, including specific UAE legal terminology

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

5. Purchase Price: Agreed purchase price, payment terms, and method of payment in compliance with UAE regulations

6. Payment Terms: Detailed payment schedule, deposit requirements, and escrow arrangements if applicable

7. Completion: Process and requirements for completion, including registration at the relevant Land Department

8. Seller's Warranties: Warranties regarding ownership, absence of encumbrances, and compliance with UAE property laws

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

10. Transfer of Ownership: Process and requirements for transferring title 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 jurisdiction of UAE courts

Optional Sections

1. Power of Attorney: Required when either party is acting through an authorized representative

2. Mortgage Details: Included when the property is subject to an existing mortgage or the purchase is being financed

3. Condition of Property: Detailed when the property is being sold with specific conditions or in specific state of repair

4. Vacant Possession: Required when dealing with occupied properties or tenancy situations

5. Foreign Ownership Declaration: Required for non-UAE national buyers, confirming eligibility to own property in the specific area

6. Sharia Compliance Declaration: Required when parties need to explicitly confirm compliance with Sharia principles

7. Property Management Handover: Included when the property is part of a managed development

8. Development Obligations: Required for off-plan properties or properties with ongoing development requirements

Suggested Schedules

1. Property Schedule: Detailed property specifications, including floor plans, plot maps, and title details

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

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

4. Property Inspection Report: If applicable, detailed condition report of the property

5. Service Charge Schedule: Details of any applicable service charges or community fees

6. Land Department Forms: Standard forms required by the relevant Land Department for registration

7. Due Diligence Documents: List of documents provided for buyer's due diligence

8. Handover Protocol: Detailed procedure for physical handover of the property

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














































Clauses







































Relevant Industries

Real Estate

Construction

Banking & Finance

Legal Services

Property Development

Investment & Asset Management

Hospitality

Retail

Industrial & Logistics

Agriculture

Urban Planning

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Relevant Teams

Legal

Real Estate

Compliance

Property Management

Investment

Operations

Development

Asset Management

Finance

Risk Management

Documentation

Due Diligence

Relevant Roles

Real Estate Director

Property Manager

Legal Counsel

Compliance Officer

Real Estate Agent

Property Developer

Investment Manager

Facilities Manager

Real Estate Transaction Manager

Land Registration Officer

Property Valuation Specialist

Real Estate Investment Analyst

Development Director

Asset Manager

Real Estate Portfolio Manager

Chief Legal Officer

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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