Leasing & Management of Self-Owned Property in Dubai

The IFZA business activity for Leasing & Management of Self-Owned Property presents a sophisticated opportunity for property owners to professionally manage their real estate assets in Dubai. This activity specifically caters to individuals and companies looking to manage commercial, residential, and industrial buildings owned by themselves or their first and second-degree relatives.

Operating under the regulatory framework of Dubai's premier Freezone system, this business activity allows proprietors to handle various aspects of property management, including maintenance coordination, security arrangements, and tenant contract administration. The scope encompasses comprehensive property management while maintaining compliance with local regulations.

What sets this Dubai Company Formation activity apart is its focus on self-owned property management, ensuring professional oversight while excluding real estate brokerage services. This specialization allows business owners to concentrate on maximizing the value and efficiency of their property portfolio management.

Business Models Under This License

1. Commercial Property Management: Establish a dedicated management company for commercial buildings, offering comprehensive services including tenant relations, facility maintenance coordination, and security management. This model is particularly suitable for owners of office buildings, retail spaces, or mixed-use commercial properties.

2. Residential Portfolio Management: Create a specialized management entity for residential properties, focusing on apartment buildings or villa compounds. This model includes handling tenant contracts, maintaining property standards, and coordinating with service providers while ensuring compliance with RERA guidelines.

3. Industrial Property Administration: Develop a management system for industrial properties, warehouses, and storage facilities. This model encompasses specialized maintenance requirements, security protocols, and tenant management specific to industrial property needs.

4. Family Estate Management: Establish a professional entity to manage family-owned real estate portfolios, ensuring proper administration of properties owned by immediate and extended family members within the specified degree of relation.

5. Mixed-Use Property Operations: Create a comprehensive management solution for mixed-use developments, combining residential, commercial, and retail space management under one professional entity while maintaining distinct operational protocols for each property type.

Compliance Requirements

• RERA (Real Estate Regulatory Agency) approval is mandatory before license issuance

• Property ownership documentation for all managed properties

• Proof of relationship for properties owned by relatives

• No engagement in real estate brokerage activities

• Compliance with IFZA regulations and property management guidelines

• Regular reporting and documentation of management activities

IFZA Advantages

The IFZA stands out as one of Dubai's most prestigious freezones, offering a robust framework for Dubai Company Formation. With a competitive corporate tax rate of 9%, IFZA provides an attractive business environment complemented by world-class infrastructure and support services. The freezone's strategic location, coupled with its transparent regulatory system, makes it an ideal choice for property management businesses. IFZA's commitment to excellence is evident in its streamlined processes, professional support services, and dedication to maintaining high standards in business operations. The freezone offers unparalleled flexibility in business setup options while ensuring strict compliance with UAE regulations, making it a preferred choice for international investors and local entrepreneurs alike.

Start Your Business Journey

Launch your property management business in the IFZA Freezone with Foundster, the only platform offering IFZA license registration at list prices without additional service charges. Experience a seamless Dubai Company Formation process with our AI-powered expert, Donna, who specializes in Dubai business setup. Get your instant, free quote today and begin your entrepreneurial journey in Dubai's dynamic real estate sector. Contact us now to explore your business setup options and receive personalized guidance for your property management venture.