Can a person transfer full ownership of a property to a company they own?
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In Dubai, transferring property ownership from an individual to a company is allowed but is subject to specific conditions and approvals from the Dubai Land Department (DLD). The company must be legally registered in the UAE, and the transfer must meet freehold ownership and entity eligibility criteria.
The process is typically treated as a formal transfer, not a simple gift, and may involve:
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Transfer fees (usually 4% of the property value unless exemptions apply)
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Company documentation, such as trade license and shareholder certificates
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DLD approval and possible valuation of the property
It's important to consult with a real estate legal advisor or the DLD directly, as rules may vary depending on ownership structure, property location, and the type of entity involved.
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