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The Real Estate Consulting Agreement is essential for formalizing professional consulting relationships in the UAE real estate sector. It is primarily used when engaging professional consultants for services such as market analysis, property valuation, development advisory, investment strategy, or portfolio management. The document ensures compliance with UAE Federal Law No. 5 of 1985 (Civil Code) and relevant real estate regulations, including RERA requirements where applicable. This agreement type is particularly important in the UAE market where real estate transactions and advisory services are heavily regulated, requiring clear definition of roles, responsibilities, and deliverables. It protects both parties' interests by establishing clear service parameters, professional standards, and compensation terms while addressing specific requirements of UAE business and property laws.

1. Parties: Identification of the Consultant and the Client, including full legal names, registration details, and addresses

2. Background: Context of the agreement, brief description of the Client's requirements and Consultant's expertise

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

4. Scope of Services: Detailed description of consulting services to be provided

5. Term and Termination: Duration of the agreement and conditions for termination

6. Fees and Payment Terms: Consulting fees, payment schedule, and payment methods

7. Obligations of the Consultant: Consultant's duties, responsibilities, and service standards

8. Obligations of the Client: Client's responsibilities, including provision of information and access

9. Confidentiality: Provisions regarding confidential information handling and non-disclosure

10. Intellectual Property: Ownership and usage rights of any materials or reports produced

11. Liability and Indemnification: Limitations of liability and indemnification provisions

12. Force Majeure: Provisions for unforeseen circumstances affecting performance

13. Governing Law and Jurisdiction: Specification of UAE law application and dispute resolution mechanisms

14. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment