Legal & RegulatoryUpdated March 1, 2026· 3 min read
Sale and Purchase Agreement (SPA)
Also known as: SPA, MOU, Form F
What is Sale and Purchase Agreement (SPA)?
The Sale and Purchase Agreement (SPA) — commonly referred to as Form F or MOU — is the binding contract signed between buyer and seller for a Dubai property transaction. It sets the price, deposit, timeline and conditions, and is followed by NOC issuance and DLD transfer.
Definition
Form F is the DLD-standardized contract used in most secondary transactions. A 10% deposit is typically paid on signing and held by the broker or trustee.
Key Facts
- 1DLD-standardized Form F.
- 210% deposit standard.
- 3Binding on both parties.
Frequently Asked Questions
Can I back out after signing Form F?
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The buyer typically forfeits the 10% deposit; the seller may owe double if they back out.
📚 Deep Dive — Related Guides
References & Further Reading
- Dubai Land Department (DLD) — official transaction & title records.
- Real Estate Regulatory Agency (RERA) — Ejari, Mollak & rental index.
- Department of Economy and Tourism (DET) — Holiday Home permits.
- Federal Authority for Identity, Citizenship, Customs & Port Security (ICP) — visa rules.
This entry is editorial and informational. It does not constitute legal, financial or tax advice.