Down Payment Contract Template for United Arab Emirates

1. Foreign Currency Provisions: Required when the down payment is made in a currency other than AED, specifying exchange rates and currency risk allocation

2. Shariah Compliance: Required when the contract needs to comply with Islamic finance principles

3. Multiple Payment Installments: Required when the down payment is to be paid in multiple installments rather than as a single payment

4. Property Description: Required when the down payment relates to a real estate transaction

5. Force Majeure: Optional clause dealing with unforeseen circumstances that might affect the contract

6. Confidentiality: Required when sensitive commercial information is involved

7. Assignment: Required when either party needs the right to assign their rights or obligations under the agreement

8. Language Precedence: Required when the contract is in both English and Arabic, specifying which version prevails

1. Payment Schedule: Detailed breakdown of payment amounts and dates if multiple installments are involved

2. Bank Details: Complete banking information for making the down payment

3. Property Details: If related to real estate, detailed description of the property including title deed information

4. Main Agreement Terms: Key terms from the main agreement to which this down payment relates

5. Required Documents: List of documents required from either party for the down payment process

6. Authorized Signatories: List of persons authorized to act on behalf of each party regarding the down payment