Explore the intricate process of gifting property in Dubai from a company to an individual and vice versa. Learn about asset protection, estate planning, legal requirements, and essential steps in this comprehensive guide.

Have you ever thought what would happen to your UAE real estate in case something unfortunate occurs?

Companies registered under RAK International Corporate Centre (RAKICC) also known as RAK offshore companies can buy property in Dubai’s free-hold areas.

A foreign company (the “company”) acquired an off-plan property in Dubai before January 2011 when it was allowed for overseas companies to own real estate. The construction of the property was completed only in 2019 and the company needed to take possession of the property and obtain a Title Deed.