Umm Al Quwain Free Trade Zone (UAQ FTZ) has signed a Memorandum of Cooperation (MoC) with the Dubai Land Department (DLD), a move that now allows UAQ FTZ-registered companies to legally acquire and register freehold property in Dubai under their business name. This collaboration enables businesses to scale, diversify, and root themselves in the UAE’s real estate market.
“We are proud to lead with purpose and enable our investors to participate in Dubai’s thriving real estate sector with full legal clarity and institutional support,” said Sheikh Mansoor Bin Ibrahim Al Mu’alla,Executive Director of Umm Al Quwain Free Trade Zone Authority.
The agreement establishes a legal and operational framework between the two government entities, eliminating traditional barriers and facilitating the ownership of strategic real estate assets by licensed businesses that align with their growth roadmaps.
“This is a transformative step for the businesses we support. We’ve consistently positioned UAQ FTZ as a strategic gateway to the UAE. This collaboration now gives our license holders the power to secure real estate assets in Dubai, aligning with their growth ambitions and offering long-term operational stability,” added Johnson M. George,General Manager of UAQ FTZ.
“This partnership reflects Dubai Land Department’s commitment to enabling real estate investment across the UAE through collaboration and innovation. We’re proud to work with UAQ FTZ to provide a seamless and legally sound framework that supports business expansion while upholding regulatory excellence,” noted Majid Saqer Almarri, CEO of the Real Estate Registration Sector at Dubai Land Department.
This milestone of inter-governmental cooperation aligns with the UAE’s vision for economic diversification, foreign direct investment growth, and cross-emirate business operations. The resulting benefits span various operational and strategic dimensions. It enables direct freehold ownership under a company name, expedites registrations through integrated digital systems, and ensures transparency in ownership transfers. Both entities have also committed to ongoing regulatory coordination, reinforcing compliance with anti-money laundering and counter-terrorism financing standards.
