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Real Estate Contract Template for United Arab Emirates

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Key Requirements PROMPT example:

Free Real Estate Contract

"I need a Free Real Estate Contract for the purchase of a commercial warehouse in Dubai Industrial City, with completion scheduled for March 2025, including specific provisions for existing tenant rights and equipment transfer."

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Document background
The Free Real Estate Contract serves as a fundamental legal instrument for property transactions in the United Arab Emirates, designed to accommodate various real estate dealings while maintaining compliance with UAE federal laws and emirate-specific regulations. This contract type is particularly valuable when parties need flexibility in structuring their real estate transaction while ensuring all necessary legal requirements are met. It can be used for both residential and commercial properties, incorporating essential elements required by the UAE Civil Code, relevant real estate regulations, and local land department requirements. The document typically includes comprehensive details about the property, transaction terms, payment structures, and completion procedures, making it suitable for different types of real estate transfers across the UAE's various emirates.
Suggested Sections

1. Parties: Identification of all contracting parties including full legal names, addresses, and relevant registration details as per UAE requirements

2. Background: Context of the agreement and brief description of the transaction

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Details: Comprehensive description of the property including location, size, boundaries, and registration details as per UAE land registry requirements

5. Transaction Details: Nature of the transaction (sale, transfer, etc.) and any conditions precedent

6. Consideration: Details of the payment terms, amount, and method of payment

7. Completion: Process and requirements for completing the transaction, including registration requirements

8. Warranties and Representations: Standard warranties about property ownership, absence of encumbrances, and authority to enter into the agreement

9. Rights and Obligations: Specific rights and obligations of each party before and after completion

10. Default and Remedies: Consequences of breach and available remedies

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

12. Notices: Process for serving formal notices between parties

13. Execution: Signature blocks and execution requirements as per UAE law

Optional Sections

1. Condition of Property: Detailed description of property condition - used when transferring existing property

2. Handover: Specific arrangements for property handover - used for immediate transfers

3. Defect Liability: Responsibilities for property defects - particularly relevant for new properties

4. Service Charges: Details of ongoing service charges - used for properties in managed communities

5. Tenant Rights: Existing tenant details and rights - used when property is currently leased

6. Mortgage Details: Information about existing or new mortgages - used when property is mortgaged

7. Development Obligations: Construction or development requirements - used for off-plan properties

8. Commission: Details of any broker commission - used when brokers are involved

9. VAT Treatment: VAT implications and responsibilities - used for commercial properties

10. Force Majeure: Provisions for unforeseen circumstances - used in complex transactions

Suggested Schedules

1. Property Schedule: Detailed property specifications, including floor plans and boundary details

2. Title Documents: Copies of relevant title documents and registration certificates

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

4. Due Diligence Report: Summary of property due diligence findings

5. Property Inspection Report: Technical inspection report of the property

6. Existing Tenancy Details: Details of any existing tenancy agreements

7. Service Charge Schedule: Breakdown of applicable service charges and payment terms

8. Property Photos: Contemporary photographs of the property

9. Regulatory Approvals: Copies of relevant permits and regulatory approvals

10. Bank Details: Payment account details for transaction completion

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Property
Purchase Price
Completion Date
Completion
Business Day
Land Department
Title Deed
Due Diligence
Encumbrance
Force Majeure
Governing Law
Municipality
Notice
Payment Schedule
Property Registration
Purchase Deposit
Seller
Buyer
Signing Date
Transfer Date
Warranties
Defects
Handover
Possession
Registration Fee
Transfer Fee
Service Charge
Maintenance Charge
Common Areas
Building
Land
Permitted Use
Property Manager
Development
Master Developer
Unit
Fixtures
Fittings
Plot
Broker
Commission
Legal Representative
Notary Public
Default
Breach
Remedies
Interest Rate
Security Deposit
Bank Account
Certificate of Completion
Clearance Certificate
Clauses
Property Description
Sale and Purchase
Consideration
Payment Terms
Title and Ownership
Property Registration
Warranties and Representations
Due Diligence
Condition of Property
Completion Requirements
Handover
Default and Termination
Risk and Insurance
Force Majeure
Assignment
Notices
Confidentiality
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendments
Costs and Expenses
Third Party Rights
Further Assurance
Indemnification
Regulatory Compliance
Property Access
Liability
Service Charges
Property Management
Maintenance Obligations
Transfer Restrictions
Rights of Way
Easements
Planning Requirements
Environmental Compliance
Utilities
Delivery of Documents
Registration Procedures
Broker Provisions
Relevant Industries

Real Estate

Construction

Property Development

Banking and Finance

Legal Services

Property Management

Commercial Property

Residential Property

Hospitality

Retail

Industrial

Investment and Asset Management

Infrastructure Development

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Sales

Business Development

Operations

Risk Management

Investment

Asset Management

Project Development

Contracts Administration

Transaction Management

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Compliance Officer

Property Consultant

Real Estate Broker

Contract Manager

Property Manager

Transaction Manager

Investment Manager

Asset Manager

Development Director

Sales Manager

Legal Director

Risk Manager

Operations Manager

Project Manager

Industries
UAE Civil Code (Federal Law No. 5 of 1985): Fundamental law governing contracts, property rights, and civil transactions in the UAE, including basic principles of contract formation and property ownership
UAE Civil Transactions Law: Regulates civil and commercial transactions, including provisions specific to property sales, purchases, and transfers
Federal Law No. 13 of 2008: Regulates the interim real estate register in Dubai, covering property registration requirements and procedures
Law No. 7 of 2006 (Dubai): Concerning real estate registration in the Emirate of Dubai, establishing the framework for property registration and ownership
Law No. 3 of 2015 (Dubai): Regulates real estate sector in Dubai, including provisions for property transactions and broker regulations
Law No. 19 of 2017 (Abu Dhabi): Concerning real estate registration in Abu Dhabi, establishing rules for property registration and ownership rights
Federal Law No. 4 of 2012: Regulation of competition, affecting commercial real estate transactions and market practices
UAE Contract Law: General principles governing contract formation, validity, and enforcement applicable to real estate transactions
RERA Regulations: Real Estate Regulatory Agency regulations governing real estate transactions, particularly in Dubai
Federal Law No. 8 of 2004: Concerning financial free zones, relevant for real estate transactions in free zones
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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