Technically speaking you can gift your assets including your real estate to whoever you wish, whether the beneficiary is your relative or not. However, officially, not all property gift transfers are qualified as property gifting in the eyes of regulatory authorities, i.e. Dubai Land Department (DLD).
During May 2019, a few new rules have been adopted in relation to EJARI registration of tenancy contracts in Dubai. One of the rules relates to Power of Attorneys (POA).
In general, any company incorporated in the UAE, whether registered on-shore or in one of the free-zones, has to appoint a general manager or a person-in-charge, who is largely entrusted with the responsibility to run day-to-day operations of that legal entity.
Are you planning to buy a house in Dubai and not sure where to start and how to do it? In this article, you will get answers to some of the most frequent questions related to property buying in Dubai.