How can investment in real estate by an individual/organization/company be set up?
The ability to invest in property depends on the class of person/entity and location of the property.
UAE nationals are individuals possessing UAE nationality and companies and establishments wholly owned by them.
UAE nationals can hold any land interest anywhere in Abu Dhabi.
The same rights are held by:
GCC nationals are nationals of the member countries of the Gulf Co-operation Council, which are the Persian Gulf states of:
and corporate entities wholly owned by them.
GCC nationals can hold any land interest within designated investment areas in Abu Dhabi.
Foreigners can hold the following land interests within 'designated investment areas' only:
Also 'individuals, companies and parties to be specified by a decision by the Executive Council', can be afforded the same status as nationals for the purpose of the owning real estate. The Executive Council has so far only issued such decisions in respect of Sorouh Properties PJSC and Aldar Properties PJSC, thereby allowing them to hold land interests throughout Abu Dhabi notwithstanding that they have an element of foreign ownership.