Land Sale Agreement Document Template for United Arab Emirates

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Key Requirements PROMPT example:

Land Sale Agreement Document

"I need a Land Sale Agreement Document for a commercial property in Dubai Marina, with completion scheduled for March 2025, including standard UAE transfer terms and provision for electronic payment through an escrow account."

Document background
The Land Sale Agreement Document is a crucial legal instrument used in the United Arab Emirates for documenting and executing the transfer of land ownership. This document is essential for any real estate transaction involving land in the UAE, whether for residential, commercial, or industrial purposes. It must comply with federal laws, including the UAE Civil Code, as well as specific emirate-level regulations governing property transactions. The agreement includes detailed property descriptions, parties' obligations, payment terms, and completion requirements, while incorporating necessary provisions for registration with the relevant Land Department. It's particularly important to note that this document must account for UAE-specific requirements such as foreign ownership restrictions, property registration procedures, and compliance with Islamic law principles where applicable. The agreement serves as the foundational document for protecting both parties' interests and ensuring a legally compliant property transfer in the UAE market.
Suggested Sections

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

2. Background: Context of the sale, brief description of the property, and confirmation of Seller's ownership and authority to sell

3. Definitions: Key terms used throughout the agreement, including technical and legal terms specific to UAE property law

4. Sale and Purchase: Core agreement terms including property description, purchase price, and confirmation of sale

5. Purchase Price and Payment Terms: Detailed breakdown of the purchase price, payment schedule, and method of payment

6. Property Details: Comprehensive description of the property including plot number, size, location, and any registered easements

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

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

9. Buyer's Warranties: Warranties regarding financial capacity and compliance with UAE foreign ownership restrictions if applicable

10. Registration and Transfer: Process for property registration and transfer at the relevant Land Department

11. Costs and Expenses: Allocation of transaction costs, including registration fees and real estate agent commissions

12. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction of UAE courts

Optional Sections

1. Mortgage Provisions: Include when the property has an existing mortgage or the purchase involves new mortgage financing

2. Development Obligations: Include for undeveloped land or properties requiring specific development commitments

3. Condition of Property: Include when specific property conditions need to be acknowledged or when selling as-is

4. Vacant Possession: Include when dealing with occupied properties to specify handover conditions

5. Agent Appointments: Include when real estate agents are involved in the transaction

6. Force Majeure: Include when specific circumstances might affect completion timing

7. Post-Completion Obligations: Include when there are specific requirements after property transfer

8. Environmental Matters: Include for industrial or contaminated land sales

Suggested Schedules

1. Property Details Schedule: Detailed technical description of the property, including measurements, boundaries, and official property identifier

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

3. Payment Schedule: Detailed breakdown of payment installments and timing

4. Property Plan: Official site plan and location maps as registered with the Land Department

5. Due Diligence Documents: List of property documentation provided for buyer's review

6. Handover Protocol: Procedure and checklist for physical property handover

7. Required Permits: Copies of relevant permits and certificates required for property transfer

8. Property Photographs: Current photographs documenting the property's condition at sale

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 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

Construction

Property Development

Banking & Finance

Hospitality

Retail

Industrial

Commercial Property

Residential Property

Agriculture

Infrastructure Development

Investment & Fund Management

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Investment

Development

Facilities Management

Corporate Affairs

Risk Management

Operations

Finance

Business Development

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Compliance Officer

Property Investment Manager

Land Registration Officer

Real Estate Agent

Construction Manager

Property Valuation Specialist

Development Director

Facilities Manager

Corporate Lawyer

Real Estate Investment Analyst

Asset Manager

Property Portfolio 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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