The Deed of Sale and Deed of Absolute Sale is a crucial legal instrument in UAE property transactions, essential for both residential and commercial property transfers. This document is used when there needs to be a complete and absolute transfer of property ownership from one party to another in the UAE. It must comply with the UAE Civil Code (Federal Law No. 5 of 1985) and relevant emirate-specific property laws. The deed includes comprehensive details about the property, parties involved, purchase price, payment terms, and conditions of sale. It requires proper execution before the relevant Land Department and must be notarized according to UAE legal requirements. The document's format and content are specifically designed to meet UAE legal standards and protect both parties' interests in the transaction.
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1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and UAE identification details
2. Background: Context of the sale, including brief property history and current ownership status
3. Definitions: Key terms used throughout the deed, including Property, Purchase Price, Completion Date, etc.
4. Property Details: Comprehensive description of the property including location, size, boundaries, and registration details
5. Consideration: Purchase price, payment terms, and method of payment
6. Seller's Representations and Warranties: Seller's declarations regarding property ownership, absence of encumbrances, and authority to sell
7. Transfer of Title: Terms and process of transferring property ownership from seller to buyer
8. Completion Requirements: Steps required to complete the sale, including registration procedures and documentation
9. Possession: Terms and timing of property possession transfer
10. Costs and Taxes: Allocation of transaction costs, registration fees, and applicable taxes
11. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction
12. Execution: Formal execution clause and signature requirements
1. Mortgage Details: Include when property has existing mortgage or buyer requires mortgage financing
2. Property Management: Include for properties within managed communities or with specific maintenance requirements
3. Tenancy Provisions: Include if property is currently tenanted or has existing lease agreements
4. Condition of Property: Include detailed condition assessment when selling property as-is or with known defects
5. Development Obligations: Include for off-plan properties or properties with pending development requirements
6. Service Charges: Include for properties in developments with ongoing service charges or maintenance fees
7. Power of Attorney: Include when any party is acting through an authorized representative
1. Property Description Schedule: Detailed technical description of property, including floor plans and boundaries
2. Title Documents: Copies of existing title deed and other ownership documents
3. Payment Schedule: Detailed breakdown of payment terms and installments if applicable
4. Property Inventory: List of fixtures, fittings, and items included in the sale
5. Due Diligence Documents: Relevant certificates, permits, and compliance documents
6. Land Department Forms: Required UAE Land Department forms and certificates
7. Property Photos: Recent photographs of the property documenting its current condition
8. Maintenance Records: History of property maintenance and improvements
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