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Real Estate Development & Management in Dubai
Real Estate Development & Management in Dubai represents a comprehensive business activity that encompasses the development and establishment of diverse real estate projects. This activity category, available through IFZA, enables entrepreneurs to engage in developing housing complexes, commercial properties, tourism projects, and associated infrastructure development.
Operating under the Freezone regulations, this business activity allows companies to undertake both development and management aspects of real estate projects. The scope includes everything from initial planning and construction to the final sale of properties, following Dubai's freehold ownership laws.
Through a Dubai Company Formation in this sector, businesses can engage in contracts with landowners, manage escrow accounts, and oversee the complete lifecycle of real estate projects. This comprehensive approach ensures professional management of all aspects of real estate development.
Business Models in Real Estate Development & Management
1. Residential Development Projects: Companies can focus on developing residential complexes, including apartments, villas, and townhouses. This model involves land acquisition, design planning, construction management, and sales of residential units to end-users or investors.
2. Commercial Property Development: This model concentrates on developing office buildings, retail spaces, and mixed-use commercial complexes. It includes market analysis, architectural planning, construction oversight, and leasing or selling commercial spaces.
3. Tourism Project Development: Businesses can specialize in developing tourism-related properties such as hotels, resorts, and recreational facilities. This includes concept development, construction management, and establishing operational frameworks for tourism properties.
4. Infrastructure Development: Companies can focus on developing supporting infrastructure for real estate projects, including roads, utilities, and community facilities. This model involves coordination with various authorities and implementing sustainable infrastructure solutions.
5. Property Management Services: This model focuses on providing comprehensive management services for developed properties, including maintenance, tenant relations, facility management, and property value optimization.
Compliance Requirements
- Mandatory approval from Real Estate Regulatory Agency (RERA) before license issuance
- Registration with Escrow Accounts Department for project-specific accounts
- Compliance with IFZA regulations and Dubai's real estate laws
- Proper documentation of all development contracts and agreements
- Adherence to Dubai's construction and safety regulations
- Regular reporting and updates to regulatory authorities
IFZA Advantages
IFZA stands out as one of Dubai's premier freezones for real estate development activities. With a corporate tax rate of 9%, IFZA offers a highly competitive environment for businesses. The freezone provides robust regulatory framework, excellent infrastructure, and strategic location advantages. Through Dubai Company Formation, entrepreneurs benefit from streamlined processes, professional support services, and access to Dubai's dynamic real estate market. IFZA's commitment to transparency and efficiency makes it an ideal choice for real estate developers seeking to establish their presence in Dubai.
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Activity Details
Supported Freezones
Activity Name
Real Estate Development & Management
Activity Code
6499004
License Type
Commercial
Classification
Regulated
Property Requirements
Approval Requirement
Before license issuance
Approving Entities
Real Estate Regulatory Agency