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An assets sale power of attorney in Dubai and other emirates of the UAE is required when you wish to hand someone the authority of selling or transferring your business assets. Usually, an assets sale POA is prepared in the UAE when the shareholder is unable to come to the UAE and complete the necessary formalities related to the sale/transfer of the business assets.
An easy 3-step process to prepare your assets sale power of attorney in Dubai
Customized quotation as per your requirements
Drafting and translation of your POA to Arabic
Assistance with the in-person/online notarization
Receive a personalized quote for an assets sale power of attorney in Dubai.
The below-mentioned documents are required for preparing an assets sale power of attorney in Dubai.
of frequent trips to legal firms, choose MakemyPOA, and make your power of attorney from home.
of a completely online process, at a fraction of the cost you’d otherwise pay to make your power of attorney.
We can help you with the processes in the following government departments.
Here are answers to the most commonly asked questions about Assets Sale POA.
An Asset Sale POA is a legally binding document that authorizes an appointed individual (attorney-in-fact) to sell designated movable or immovable assets such as real estate, vehicles, or equipment on behalf of the asset owner within UAE jurisdiction.
This POA is typically issued when the asset owner:
The POA can be tailored to include specific assets such as:
Yes. Notarization is mandatory for an Asset Sale POA
A valid Asset Sale POA should clearly specify:
Yes, but only if explicitly stated.
The POA must clearly authorize the agent to receive funds, deposit them, and manage transactions. Without this clause, most authorities will not permit financial handling.
Unless a specific duration is mentioned, POAs are often considered valid for one year from the date of notarization. Some departments may accept longer validity if clearly stated and justified.