27/03/2025
In Dubai real estate, especially for off-plan properties, an SPA refers to a Sale and Purchase Agreement. It’s a legally binding contract between the developer and the buyer that outlines all terms and conditions of the property sale.
Important notes:
• You must sign the SPA to be legally protected.
• The SPA is required for mortgage applications (if you’re financing through a bank).
• Once signed, any disputes are handled based on the terms in the SPA and UAE real estate laws.
If you’re a buyer, consultant, or agent dealing with off-plan properties, understanding the SPA’s terms is critical for protecting your rights and obligations.