Introduction The term “contract” is used in business to refer to an obligation and a commitment of two parties connected by an object of offer and acceptance. Contracts are typically defined as an agreement enforceable by law (Maggi & Staiger, 2011). A contract entails a promise that must be fulfilled through legal means (Kanakri & Al-Mulla, 2015). However, it is important to note that not all promises or agreements during the execution of a contract can be deemed as legally important. Two parties conclude a contract by exchanging their corresponding intents based on the specific issues illustrated in the contract law. Under the law of the United Arabs Emirates, contract requirements are detailed in the Civil Transactions Act. Both local and foreign investors in the UAE must negotiate their contracts based on the UAE Contract Laws. In this context, the fundamental features of the contract law in the UAE are examined (Gulf Talent, 2007). Background Information about the UAE Contract Law The major objective of entering into a contract as stated the relevant UAE laws is to enhance the agreement between the two parties as an official process that depends on a specific theme or subject. There is an extremely wide range of issues and matters that can attract the need to execute a standard contract. These include the procedures such as property rights management (including physical and intellectual types thereof), marital issues, relationships between a company and its staff members, etc. To understand the contract law through the prism of the UAE legal system, it is important to discuss the principles of the laws and provisions of a contract. Traditionally, good faith, adhesion, contractual liability and the interpretation of contract laws are considered the essential components, among other aspects (Kanakri & Al-Mulla, 2015). Compared to well-established contract laws such as those of the UK and the United States, the contract law in the UAE includes different compensation principles, among other specifics. Furthermore, the UA contract law implies that the parties must agree on the basic elements of the contract obligation. However, the parties can defer the discussion- and the agreement-related processes as explained under Article 141 of the Civil Code (Gulf Talent, 2007). In case a dispute occurs before the matters are discussed in detail, the court will base its ruling on the missing terms of the contract as stated in the provisions of the contract law. Still, it is essential that the intent of the parties to sign a contract or have a verbal agreement could be proven to the jury with the help of the necessary evidence. This part differentiates the contract law in the UAE context from other popular contract laws (Latham & Watkins, Inc., 2011). Furthermore, in case the participants do not reach an agreement and, instead, resort to the support of the third party, under the UAE legislation, they may be accused of deception and even fraud. Particularly, when a party fails to make reasonable efforts to reach an agreement or enter into the necessary parallel negotiation with a third party, this is considered a breach of contract (Flannery & Merkin, 2015). Therefore, the law of contract in the legal context of the UA