UAE Civil Transactions Law

Article 885

Book Two: Nominate Contracts · Section Three: Employment Contracts · Chapter Three: Agency Contract · Part Three: Effects of Agency · First: Obligations of the Agent

1. A person appointed to purchase a specific thing may not purchase it for themselves, their ascendants, their descendants, their spouse, or for persons with whom the disposition would result in benefit or avoidance of harm to their own property or to the property of such persons, except with the permission of their principal. The purchase shall be for the principal even if the agent declares that they are purchasing it for themselves. 2. An agent authorized to purchase may not sell their own property to their principal, unless otherwise agreed.

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