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Property Sale Agreement Form Template for United Arab Emirates

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Key Requirements PROMPT example:

Property Sale Agreement Form

"I need a Property Sale Agreement Form for a 3-bedroom villa in Dubai Marina, with completion scheduled for March 2025, including provisions for a 10% deposit and payment in three installments."

Document background
The Property Sale Agreement Form is a vital legal document used in the United Arab Emirates for documenting and executing property transactions. It serves as the primary contract between property sellers and buyers, ensuring compliance with UAE federal laws and specific emirate regulations. This document is essential for both residential and commercial property transactions, incorporating mandatory requirements such as property registration details, payment terms, and transfer procedures. The agreement must be prepared in accordance with UAE Civil Code requirements and typically includes both Arabic and English versions. It is particularly important as it forms the basis for property registration with relevant land departments and ensures that all aspects of the transaction, including payment terms, warranties, and handover conditions, are clearly documented and legally enforceable under UAE law.
Suggested Sections

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

2. Background: Context of the sale, including brief property description and intention to sell/purchase

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

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

5. Purchase Price: Detailed breakdown of the purchase price, payment schedule, and method of payment in accordance with UAE regulations

6. Payment Terms: Specific payment obligations, installment details, and consequences of default

7. Completion: Process and requirements for completing the sale, including registration with relevant authorities

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

9. Purchaser's Warranties: Warranties regarding financial capacity and compliance with UAE property ownership laws

10. Registration and Transfer: Procedures for property registration and transfer at the relevant land department

11. Handover: Terms and conditions for physical handover of the property

12. Taxes and Fees: Allocation of registration fees, transfer fees, and other applicable charges

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

Optional Sections

1. Mortgage Requirements: Include when the property purchase involves mortgage financing, detailing bank requirements and conditions

2. Property Management: Include for properties within managed communities, detailing service charges and community rules

3. Condition of Property: Include when specific property conditions need to be documented or when renovation/repair agreements exist

4. Third Party Rights: Include when there are existing tenants or other third-party rights affecting the property

5. Foreign Ownership: Include when purchaser is a foreign national, detailing compliance with UAE foreign ownership restrictions

6. Development Requirements: Include for off-plan properties or properties requiring development/modification

7. Escrow Arrangements: Include when payment is handled through escrow, detailing the arrangement

8. Power of Attorney: Include when any party is acting through a power of attorney

Suggested Schedules

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

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

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

4. Property Inspection Report: Detailed condition report of the property at time of sale

5. Inventory List: List of fixtures, fittings, and any items included in the sale

6. Required Permits: Copies of relevant permits, certificates, and approvals

7. Service Charge Statement: Details of any outstanding service charges or maintenance fees

8. Building Plans: Approved building plans and any modification permits

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

Property Development

Construction

Banking and Finance

Legal Services

Property Management

Investment and Asset Management

Hospitality

Retail

Commercial Property

Residential Property

Relevant Teams

Legal

Real Estate

Sales

Compliance

Operations

Property Management

Contract Administration

Document Control

Business Development

Investment

Risk Management

Client Relations

Relevant Roles

Real Estate Agent

Property Lawyer

Legal Counsel

Property Manager

Real Estate Development Manager

Compliance Officer

Contract Manager

Property Consultant

Sales Manager

Investment Manager

Real Estate Portfolio Manager

Property Valuation Specialist

Real Estate Transaction Coordinator

Document Control Specialist

Legal Administrator

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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