Document background
The Amenities Agreement For Home Loan is essential in UAE real estate financing transactions where the mortgaged property includes access to shared or exclusive amenities. This agreement becomes necessary when a property is part of a development with common facilities such as swimming pools, gymnasiums, parking areas, or other shared services. The document supplements the main mortgage agreement by specifically addressing how amenities will be managed, maintained, and accessed. It ensures compliance with UAE federal laws, including UAE Federal Law No. 5 of 1985 (Civil Code) and relevant emirate-specific property regulations. The agreement typically integrates with both conventional and Islamic financing structures, providing clarity on service charges, maintenance fees, and usage rights while protecting the interests of all parties involved in the property transaction.
