Contract F (MOU)

Contract F is the Dubai Land Department's standard sale agreement form for secondary-market property transactions, generated through the broker's Trakheesi access and signed by buyer and seller. It is the modern, regulated successor to the informal 'MOU' that brokers historically drafted themselves, and the old name still sticks — many brokers say 'sign the MOU' when they mean Contract F. The form records the agreed price, the deposit (commonly secured by a cheque held by the broker), each party's costs, the agency commissions, financing arrangements, and the target transfer date. Its legal weight is real: once signed, walking away typically forfeits the deposit or triggers the agreed penalty, and courts treat it as a binding sale contract. Buyers should not sign Contract F until they have verified the title deed, agreed who pays which fees, and — if buying with a mortgage — made the contract properly conditional on bank approval.