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Estate Agency Agreement for United Arab Emirates

Estate Agency Agreement Template for United Arab Emirates

A UAE Estate Agency Agreement is a legally binding contract that establishes the professional relationship between a property owner/landlord and a licensed real estate broker/agency in the United Arab Emirates. The agreement, governed by UAE federal laws and specific emirate-level regulations (particularly RERA in Dubai), outlines the terms under which the agent will market and facilitate the sale or lease of the property. It includes detailed provisions for commission structures, service scope, exclusivity terms, and compliance with local real estate regulations, while incorporating specific UAE market practices and legal requirements.

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What is a Estate Agency Agreement?

The Estate Agency Agreement is a crucial document in UAE real estate transactions, used to formalize the relationship between property owners and licensed real estate professionals. It's essential for compliance with UAE federal laws and emirate-specific regulations, particularly RERA requirements in Dubai. The agreement specifies the agent's authority to market and negotiate property transactions, commission structures, and service obligations. It's designed to protect both parties' interests while ensuring compliance with local real estate laws, anti-money laundering regulations, and professional licensing requirements. This document is particularly important in the UAE market where real estate transactions must follow strict regulatory guidelines and where proper documentation is essential for legal property transactions.

What sections should be included in a Estate Agency Agreement?

1. Parties: Identification of the Agent and the Property Owner/Client, including their full legal names, licenses, and contact details

2. Background: Context of the agreement, including brief description of the property and the owner's intention to sell/lease

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

4. Appointment and Scope: Formal appointment of the agent and detailed scope of services to be provided

5. Agent's Obligations: Detailed responsibilities of the agent including marketing, showing property, negotiations, and RERA compliance

6. Client's Obligations: Property owner's responsibilities, including providing accurate information and necessary documentation

7. Commission Structure: Detailed breakdown of commission rates, payment terms, and conditions for commission eligibility

8. Property Details: Comprehensive description of the property, including title details and asking price/rent

9. Term and Termination: Duration of the agreement and circumstances for termination

10. Exclusivity: Whether the appointment is exclusive or non-exclusive and related terms

11. Warranties and Representations: Statements of fact and promises by both parties

12. Compliance: Commitment to comply with UAE laws and RERA regulations

13. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

What sections are optional to include in a Estate Agency Agreement?

1. Marketing Budget: Detailed marketing budget and cost allocation - include when marketing costs are shared

2. International Marketing: Specific provisions for international marketing efforts - include for high-value properties

3. Multiple Units: Special terms for multiple unit sales/lettings - include for developers or multiple property owners

4. Sub-Agents: Terms for appointing and working with sub-agents - include when sub-agents may be needed

5. Virtual Viewings: Terms regarding virtual property viewings and online marketing - include for remote sales

6. Property Management: Additional terms for property management services - include if agent will also manage the property

7. Force Majeure: Provisions for unforeseen circumstances - recommended for longer-term agreements

What schedules should be included in a Estate Agency Agreement?

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

2. Commission Schedule: Detailed breakdown of commission structures and payment terms

3. Marketing Plan: Comprehensive marketing strategy and timeline

4. Required Documentation: List of required documents from both parties as per UAE regulations

5. Agent's License and Credentials: Copies of agent's RERA license and other relevant certifications

6. Service Level Agreement: Detailed performance metrics and service standards

7. Property Condition Report: Current condition of the property with photographs

Authors

Alex Denne

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

Document Type

Agency Agreement

Cost

Free to use
Relevant legal definitions



























Clauses




































Relevant Industries

Real Estate

Property Development

Property Management

Construction

Investment Banking

Hospitality

Retail

Commercial Property

Residential Property

Legal Services

Relevant Teams

Legal

Real Estate

Compliance

Sales

Business Development

Operations

Contract Management

Property Management

Investment

Administrative

Relevant Roles

Real Estate Agent

Property Manager

Real Estate Broker

Legal Counsel

Compliance Officer

Business Development Manager

Sales Director

Property Consultant

Real Estate Investment Manager

Contract Manager

Operations Manager

Managing Director

Chief Executive Officer

Property Portfolio Manager

Industries








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

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