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Real Estate Agent Agreement for United Arab Emirates

Real Estate Agent Agreement Template for United Arab Emirates

A comprehensive legal agreement governed by UAE law that establishes the professional relationship between a property owner and a real estate agent/broker. The document outlines the terms and conditions for the marketing, sale, or lease of property in compliance with UAE Federal Law No. 39 of 2006 and relevant emirate-specific regulations (such as RERA in Dubai or Department of Municipal Affairs in Abu Dhabi). It details the scope of services, commission structure, rights and obligations of both parties, marketing requirements, and operational procedures while ensuring adherence to local real estate regulations and professional standards.

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What is a Real Estate Agent Agreement?

The Real Estate Agent Agreement is a crucial document used in the United Arab Emirates to formalize the relationship between property owners and licensed real estate agents/brokers. This agreement is essential for any property sale or lease transaction in the UAE and must comply with Federal Law No. 39 of 2006, along with specific regulations in different emirates such as RERA guidelines in Dubai. The document serves multiple purposes: it protects the interests of both parties, clearly defines the scope of services and commission structures, establishes marketing and operational procedures, and ensures compliance with local real estate regulations. The agreement is particularly important in the UAE market where real estate transactions are strictly regulated and require specific documentation and procedures. It includes provisions for various property types (residential, commercial, industrial) and can be adapted for different transaction types (sale, lease, property management).

What sections should be included in a Real Estate Agent Agreement?

1. Parties: Identification of the property owner/seller and the real estate agent/broker, including license numbers and contact details

2. Background: Context of the agreement, including brief description of the property and the owner's intention to sell/lease

3. Definitions: Key terms used throughout the agreement including Property, Services, Commission, Marketing Materials, etc.

4. Appointment and Scope of Services: Details of the agent's appointment and specific services to be provided

5. Duration and Termination: Term of the agreement, renewal provisions, and circumstances for termination

6. Agent's Rights and Obligations: Detailed responsibilities of the agent including marketing efforts, showing property, negotiations, etc.

7. Owner's Rights and Obligations: Property owner's responsibilities, including providing accurate information and access to the property

8. Commission Structure: Details of fees, commission rates, payment terms and conditions for commission eligibility

9. Marketing and Advertising: Agreed marketing approach, advertising methods, and associated costs

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

11. Liability and Indemnification: Scope of agent's liability and indemnification provisions

12. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction for disputes

13. General Provisions: Standard clauses including notices, entire agreement, amendments, etc.

What sections are optional to include in a Real Estate Agent Agreement?

1. Exclusivity: Terms of exclusive agency rights - used when the agent has sole rights to market the property

2. International Marketing: Additional provisions for international marketing efforts - included when targeting overseas buyers

3. Property Management Services: Additional terms for property management if the agent also provides these services

4. Virtual Tours and Digital Marketing: Specific provisions for digital marketing services and virtual property tours

5. Sub-Agents: Terms governing the appointment and management of sub-agents if permitted

6. Success Fee: Additional performance-based compensation structure - used for high-value properties

7. Force Majeure: Provisions for unforeseen circumstances affecting contract performance

What schedules should be included in a Real Estate Agent Agreement?

1. Property Details: Comprehensive description of the property including location, size, features, and condition

2. Commission Schedule: Detailed breakdown of commission rates, payment structure, and special circumstances

3. Marketing Plan: Detailed marketing strategy and timeline

4. Required Documentation: List of necessary documents for property listing and sale/lease

5. Agent's Credentials: Copies of agent's licenses, certifications, and registrations

6. Service Level Agreement: Specific performance metrics and service standards

7. Approved Marketing Materials: Ƶ or examples of approved marketing materials and property listings

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Publisher

Ƶ

Document Type

Agency Agreement

Cost

Free to use
Relevant legal definitions








































Clauses







































Relevant Industries

Real Estate

Property Development

Residential Property

Commercial Property

Retail Property

Industrial Property

Hospitality

Mixed-Use Development

Property Management

Professional Services

Relevant Teams

Real Estate

Sales

Legal

Compliance

Operations

Marketing

Business Development

Property Management

Contract Administration

Risk Management

Relevant Roles

Real Estate Agent

Property Broker

Real Estate Manager

Property Manager

Sales Director

Business Development Manager

Legal Counsel

Compliance Officer

Contract Manager

Property Consultant

Marketing Manager

Operations Manager

Real Estate Partner

Managing Director

Chief Executive Officer

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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