UAE Civil Transactions Law

Article 889

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

An agent authorized to sell may not purchase for themselves what they are authorized to sell, nor may they sell it to their ascendants, descendants, spouse, or to persons with whom the disposition would result in benefit or avoidance of harm, unless the principal has authorized them to sell to whomever they wish and at the price they have specified. If no price is specified, the price shall not be less than the price of the like.

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