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Real Estate Sales Contract Template for United Arab Emirates

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Key Requirements PROMPT example:

Real Estate Sales Contract Template

"I need a Real Estate Sales Contract Template for a completed residential apartment in Dubai Marina, with a corporate seller and individual buyer, including provisions for furniture transfer and staged payments to be completed by March 2025."

Document background
The Real Estate Sales Contract Template is a standardized legal instrument designed for property transactions in the United Arab Emirates' dynamic real estate market. This template serves as a foundational document for both residential and commercial property sales, ensuring compliance with UAE federal laws and emirate-specific regulations. It is specifically structured to accommodate the unique requirements of UAE real estate transactions, including mandatory provisions for property registration, transfer procedures, and payment mechanisms. The template is adaptable for various property types, from completed units to off-plan sales, and incorporates all necessary elements required by regulatory authorities such as the Real Estate Regulatory Agency (RERA) and various Emirates' Land Departments. It includes comprehensive provisions for buyer and seller obligations, payment terms, property specifications, and completion procedures, making it suitable for both local and international property transactions within the UAE.
Suggested Sections

1. Parties: Identification of seller and buyer with full legal names, Emirates ID/passport numbers, and addresses as required by UAE law

2. Background: Context of the sale, including property ownership history and development status

3. Definitions: Key terms used in the agreement, including specific UAE real estate terminology

4. Property Details: Comprehensive description of the property including location, size, registration details, and RERA property identification numbers

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

6. Payment Terms: Detailed breakdown of payment installments, deposit requirements, and escrow arrangements if applicable

7. Transfer of Ownership: Process and conditions for transferring title through the relevant land department

8. Seller's Obligations: Obligations including property handover, documentation, and warranties

9. Buyer's Obligations: Obligations including payments, registration requirements, and compliance with regulations

10. Completion: Completion date, process, and requirements for title transfer

11. Default and Termination: Consequences of default and termination rights under UAE law

12. Governing Law and Jurisdiction: Specification of UAE law and relevant emirate jurisdiction

13. Notices: Process for formal communications between parties

14. General Provisions: Standard contract clauses adapted to UAE requirements

Optional Sections

1. Off-Plan Provisions: Additional terms for off-plan properties including construction milestones and developer obligations

2. Mortgage Provisions: Terms relating to property financing and mortgage arrangements

3. Condition of Property: Detailed description of property condition for existing properties

4. Service Charges: Terms relating to ongoing service charges and maintenance fees

5. Foreign Ownership: Special provisions for foreign buyers where applicable

6. Agent Provisions: Terms relating to real estate agents if involved in the transaction

7. Furniture and Fixtures: List and terms for any furniture or fixtures included in the sale

8. Defect Liability: Extended warranties or defect liability periods for new properties

Suggested Schedules

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

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

3. Property Handover Schedule: Checklist and process for property handover

4. Due Diligence Documents: List of required documentation including title deed, NOCs, and permits

5. Property Condition Report: Detailed report on property condition with photographs

6. Furniture and Fixtures List: Inventory of items included in the sale if applicable

7. Service Charge Schedule: Details of service charges and management fees

8. Required Registrations: List of necessary registrations and procedures with relevant authorities

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

Legal Services

Banking and Finance

Property Development

Property Management

Construction Materials

Insurance

Investment and Asset Management

Facilities Management

Professional Services

Government and Public Sector

Relevant Teams

Legal

Real Estate

Sales

Compliance

Operations

Risk Management

Business Development

Property Management

Investment

Corporate Affairs

Document Management

Client Relations

Transaction Processing

Project Management

Relevant Roles

Real Estate Manager

Legal Counsel

Property Developer

Real Estate Agent

Contract Manager

Compliance Officer

Property Manager

Sales Manager

Investment Manager

Real Estate Director

Transaction Manager

Legal Director

Business Development Manager

Risk Manager

Corporate Lawyer

Real Estate Broker

Project Manager

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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