Real Estate Profit Sharing Agreement Template for United Arab Emirates

1. Sharia Compliance: Specific provisions ensuring compliance with Islamic finance principles, required if parties wish to explicitly ensure Sharia compliance

2. Property Development: Provisions relating to property development or renovation, needed if property requires development

3. Exit Mechanism: Detailed procedures for party exit or property sale, recommended for long-term agreements

4. Insurance: Specific insurance requirements and cost allocation, important for high-value properties

5. Property Manager: Provisions regarding appointment and duties of property manager, needed if third-party management is required

6. Refinancing: Terms governing potential refinancing of the property, relevant for leveraged investments

7. Competition Restrictions: Non-compete and territorial restrictions, relevant for commercial properties

1. Property Details Schedule: Detailed property information including title deed, floor plans, and photographs

2. Financial Schedule: Investment amounts, profit sharing ratios, and financial projections

3. Management Agreement: Detailed terms of property management if applicable

4. Operating Budget: Annual budget for property operation and maintenance

5. Distribution Calculation Method: Detailed methodology for calculating profit distributions

6. Required Permits: Copies of necessary permits and licenses

7. Bank Account Details: Designated account information for receiving and distributing funds