أسئلة وأجوبة
Any restrictions for a non-UAE citizen with a company to be a developer?
Hello sir/madam,
I established a company in a Dubai free zone. I am not a UAE citizen and want to be a developer or invest money in Dubai real estate.
Are there any restrictions, such as terms, areas, or types of deals?
Dear Client,
Thanks for your question! I hope you are doing well. I will assist you in this matter.
Investment in Dubai real estate can have restrictions based on residency status and free zone regulations. Consult the Dubai Land Department (DLD) for specific investment guidance.
For any further legal assistance, you can WhatsApp us. We have an extensive team of knowledgeable and experienced lawyers to provide the legal assistance you need.
We will be happy to help you.
Thanks & Regards,
ABDUL WAHIED
Dear Questioner,
If you want to develop real estate projects directly, you would need to establish a local LLC company with at least 51% ownership held by UAE citizens.
You can act as a shareholder without having majority control. But if you need to invest, you can do so through various avenues, such as joint ventures with local developers, real estate investment trusts (REITs), or private equity funds.
Dear Questioner,
Yes, there are several procedures, and it differs according to the specific area, such as the mainland and free zone.
For each type of business, there are certain guidelines to be followed, and other procedures like VAT registration and licensing are the same.
If you want detailed information, we offer legal consultation sessions for a fee.
Share your WhatsApp number if you are interested in our services.
