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Explore SignatureIn a major move to inter-emirate cooperation and investor confidence, Dubai Land Department (DLD) and Ajman Free Zones Authority (AFZA) have signed a Memorandum of Cooperation aimed at reshaping the rules of property ownership in Dubai. This milestone initiative opens new avenues for AFZA-registered companies, allowing them to own freehold properties in Dubai—simplifying legal processes and signaling the UAE’s commitment to a more agile, transparent, and investor-friendly real estate market.
The newly signed Memorandum of Cooperation introduces a clear legal and administrative framework that facilitates freehold property in Dubai for companies registered under the Ajman Free Zone. This agreement was officially inked by Marwan bin Ghalita, Director-General of the DLD, and Ismail Al Naqi, Director-General of AFZA, in the presence of senior officials—symbolizing high-level intergovernmental support.
The partnership not only streamlines registration procedures but also enhances regulatory harmony between the two emirates. This reflects a growing national vision to stimulate investment, strengthen administrative integration, and ensure that companies operating in free zones can participate fully in Dubai’s booming real estate market. The framework ensures strict adherence to Dubai real estate regulations, maintaining transparency while boosting accessibility for investors.
This collaboration positions both Dubai and Ajman as stronger players on the regional property stage. By aligning legal frameworks and reducing red tape, the initiative allows AFZA-based entities to legally own and register real estate assets—making it significantly easier to invest in Dubai real estate with clarity and confidence.
With this agreement in place, companies registered under AFZA can now take full advantage of Dubai property ownership rules that were previously limited to onshore or other approved entities. It paves the way for seamless property acquisitions, giving businesses a tangible asset base in one of the world’s most dynamic real estate markets.
The move also enhances long-term business planning by allowing companies to integrate property ownership into their operational strategies. With this development, the UAE is further expanding the scope of UAE free zone property ownership, empowering businesses to leverage real estate for expansion, revenue generation, or diversification.
The agreement also reinforces the UAE’s position as a global investment magnet, where adaptable governance, innovation, and cross-emirate coordination help maintain economic competitiveness. By providing legal clarity and administrative support, it ensures that every transaction aligns with the spirit of compliance, growth, and investor protection—making now an ideal time to explore freehold property in Dubai as a business asset.
Yes, under the new agreement, AFZA-registered companies can own and register freehold properties in Dubai in accordance with the new legal framework.
No, the existing Dubai real estate regulations remain intact. The agreement aligns with them while simplifying the registration process for AFZA-based companies.
While the agreement doesn’t specify limitations, it opens access to freehold properties, subject to approvals and zoning rules.
The agreement specifically applies to companies registered under Ajman Free Zones Authority (AFZA), but it sets a precedent for future collaborations with other emirates.
This agreement makes investing in Dubai real estate more accessible for free zone businesses, offering a regulated and simplified path to property ownership and portfolio growth.
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