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House Purchase Contract Template for United Arab Emirates

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Key Requirements PROMPT example:

House Purchase Contract

"I need a House Purchase Contract for a furnished villa in Dubai Marina, with completion scheduled for March 2025, including provisions for a foreign buyer requiring mortgage financing and developer approval for the transfer."

Document background
The House Purchase Contract is a fundamental legal document used in the United Arab Emirates for residential property transactions. It is essential for both local and foreign buyers purchasing property within the UAE's designated areas. The contract must comply with UAE Federal Law No. 5 of 1985 (Civil Code) and relevant emirate-specific property laws. This document is typically required by the Land Department for property registration and transfer of ownership, and includes crucial elements such as property specifications, payment terms, warranties, and completion requirements. It should be used whenever a residential property is being sold, whether it's a villa, apartment, or townhouse, and must incorporate specific provisions required by UAE law, including mandatory registration procedures and foreign ownership restrictions where applicable.
Suggested Sections

1. Parties: Detailed identification of the seller and buyer, including Emirates ID numbers, passport details, and contact information

2. Background: Recitals establishing the seller's ownership, property status, and intention to sell

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

4. Property Details: Comprehensive description of the property including location, size, title deed number, and registered details with the Land Department

5. Purchase Price: Agreed purchase price, payment schedule, and method of payment

6. Payment Terms: Detailed breakdown of payment installments, deposit requirements, and final payment conditions

7. Completion Requirements: Conditions to be met before completion, including documentation and regulatory requirements

8. Transfer of Ownership: Process and requirements for transferring ownership at the relevant Land Department

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

10. Buyer's Obligations: Requirements for the buyer including payment obligations and documentation requirements

11. Registration and Fees: Responsibility for registration fees, transfer fees, and other associated costs

12. Default and Termination: Consequences of default by either party and termination provisions

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

Optional Sections

1. Mortgage Contingency: Required when buyer's purchase is contingent on obtaining mortgage financing

2. Property Inspection: Details of property inspection rights and procedures, if agreed between parties

3. Furniture and Fixtures: List of included/excluded items when property is sold furnished

4. Foreign Ownership Declaration: Required for foreign buyers, confirming eligibility to own property in the specified area

5. Service Charge Provisions: Required for properties in managed communities, detailing service charge obligations

6. Tenant Rights: Required if property is currently tenanted, addressing existing tenancy rights

7. Developer Approval: Required for properties in master communities requiring developer approval for transfer

8. Power of Attorney: Optional section when either party is acting through an authorized representative

Suggested Schedules

1. Schedule 1 - Property Specification: Detailed description of the property including floor plans, area calculations, and boundaries

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

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

4. Schedule 4 - Property Condition Report: Current condition of the property and any agreed repairs or modifications

5. Schedule 5 - Included Fixtures and Fittings: List of items included in the sale

6. Appendix A - Required Documentation: List of documents required from both parties for completion

7. Appendix B - Land Department Requirements: Specific requirements from the relevant Land Department for transfer

8. Appendix C - Service Charge Statement: Current status of service charges and any outstanding amounts

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

Legal Services

Banking and Finance

Property Development

Construction

Insurance

Property Management

Investment and Asset Management

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Sales

Documentation

Investment

Risk Management

Client Relations

Operations

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Mortgage Advisor

Legal Counsel

Compliance Officer

Property Developer

Investment Manager

Real Estate Investment Advisor

Contract Manager

Document Controller

Property Consultant

Due Diligence Officer

Transaction 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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