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flag UAQ FTZ and Dubai Land Department sign deal allowing foreign firms to own properties in Dubai.

flag The Umm Al Quwain Free Trade Zone (UAQ FTZ) and Dubai Land Department (DLD) have signed a cooperation agreement allowing UAQ FTZ-registered companies to legally own and register freehold property in Dubai under their business name. flag This collaboration aims to enhance business growth by providing direct access to Dubai's real estate market, with benefits including fast-track registrations and transparency in ownership transfers. flag Both entities also committed to regulatory coordination to ensure compliance with anti-money laundering and counter-terrorism financing standards.

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