Loan Repayment Demand Letter


Loan Repayment Demand Letter

Basic Info

  • Applicable Region UAE
  • Available Languages
    English & Arabic
  • Document No 0000663
  • Version V 1.0
  • Last Updated 01-24-2024
  • Reviews 0
Document Summary

This letter is used to demand payment of the loan amount which is overdue. The letter states that in case of failure to pay the overdue loan amount, legal proceedings may be initiated against the borrower.


According to Article 715 of Federal Law No. 5 of 1985 on the Civil Transactions Law (as amended), a loan may be granted on condition of a pledge or guarantee.

Article 719 of the same states that:

  1. the borrower is bound, upon expiry of the loan period, to restitute a thing equal in amount, kind and quality, at the agreed time and place, regardless of whatever change may occur to its value.
  2. If restitution of a similar thing reveals to be impossible, the lender's right shall accrue to its value on the day received.


This document is intended for use in the United Arab Emirates.

Before Execution

  • The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.
  • Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.
  • Please remove the square brackets and all highlighting prior to signature.


This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.