Real Estate Agent Agreement Contract Template for United Arab Emirates

The Real Estate Agent Agreement Contract is a fundamental document in UAE property transactions, essential for establishing clear professional relationships between property owners and real estate agents. This agreement is particularly important in the UAE's dynamic real estate market, where strict regulations govern broker activities and property transactions. The document must comply with UAE Federal Law No. 5 of 1985 (Civil Code), specific emirate-level regulations such as Dubai Law No. 85 of 2006, and RERA guidelines. It typically includes detailed terms about the scope of services, commission structures, marketing responsibilities, and compliance requirements. The agreement is crucial for both residential and commercial properties, protecting the interests of all parties while ensuring adherence to local real estate laws and professional standards.

1. Parties: Identification of the Principal (property owner/seller) and the Agent, including their full legal names, addresses, and relevant license numbers

2. Background: Context of the agreement, including brief description of the property and the Principal's intention to engage the Agent

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Services', 'Commission', 'Exclusive Period' if applicable

4. Appointment and Scope: Details of the Agent's appointment, whether exclusive or non-exclusive, and specific services to be provided

5. Term and Termination: Duration of the agreement, renewal terms, and conditions for termination by either party

6. Agent's Obligations: Detailed responsibilities including marketing efforts, showing property, negotiating, reporting, and compliance with UAE real estate laws

7. Principal's Obligations: Property owner's responsibilities, including providing accurate information, access to property, and necessary documentation

8. Commission Structure: Details of agent's fees, payment terms, and conditions for commission eligibility as per UAE regulations

9. Marketing and Advertising: Agreed marketing strategies, platforms, and responsibility for associated costs

10. Compliance with Laws: Commitment to comply with UAE real estate laws, RERA regulations, and anti-money laundering requirements

11. Liability and Indemnification: Scope of agent's liability, professional indemnity, and mutual indemnification provisions

12. Confidentiality: Obligations regarding confidential information and client data protection

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