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DIAC Model Arbitration Agreement

 

   Model Arbitration Clause
 
The Dubai International Arbitration Centre (DIAC) recommends parties, desiring to resolve their disputes under the DIAC Arbitration Rules, to include the below-stated arbitration clause in their agreements:
 
Any dispute arising out of the formation, performance, interpretation, nullification, termination or invalidation of this contract or arising therefrom or related thereto in any manner whatsoever, shall be settled by arbitration in accordance with the provisions set forth under the DIAC Arbitration Rules (“the Rules”), by one or more arbitrators appointed in compliance with the Rules.
 
 
Model Submission agreements
 
In cases where there is an on-going dispute between the parties and they have not previously agreed to refer their disputes to arbitration, the Dubai International Arbitration Centre (DIAC) recommends parties to refer their disputes to arbitration in a new agreement. The following format has been suggested for parties to apply for arbitration under the DIAC Arbitration Rules:
 
Parties [please insert names, addresses of parties] herewith agree to settle their dispute, concerning [please insert an accurate description of the subject matter of the dispute], by arbitration in accordance with the provisions set forth under the DIAC Arbitration Rules (“the Rules”), by one or more arbitrators appointed in compliance with the Rules.
 
Parties are also advised to include the following in their contractual and submission agreements:
 
  1. The number of arbitrators ( 1 OR a panel of 3) OR  an authorisation for the Dubai International Arbitration Centre (DIAC) to determine the number of arbitrators and their identities;
  2. Determine the place of arbitration (e.g. “Dubai”) and venue to hold arbitration proceedings (e.g. “premises of the Dubai International Arbitration Centre”);
  3. Determine the language of arbitration (e.g. “English or Arabic”)

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