As the UAE’s real estate market experiences rapid growth, the investment opportunities have expanded significantly. In Dubai, the Dubai Land Department (DLD) oversees and enforces real estate processes and regulations throughout the Emirates. It also provides a range of services catering to buyers, sellers, investors and developers alike.
If you happen to own a company in Dubai, the essential first step is registering it with the DLD. To help you get started, we have gathered all the requirements to register companies on DLD. Let’s go through them.
HOW TO REGISTER COMPANIES ON DLD
Just like you can register a real estate project in Dubai before you get started, it is a crucial request to register companies on DLD. With this service, the process of registering a company is simplified. When you register your company, you’ll receive a unique reference number that connects the registration to the department’s system.
This reference number is crucial for future real estate transactions, like buying or selling property. Additionally, if you need to update your company’s registration details by adding or removing information, this service also facilitates those changes.
That said, let’s go through the requirements and process to register companies on DLD.
REQUIRED DOCUMENTS
The documents required to register for the process are as follows:
For a single person’s establishment
- Trade licence
- Owner’s Emirates ID, valid passport and residence permit
For a limited liability company
- Trade licence
- Association Memorandum / Association Articles
- Modify or make additions to the attachments accompanying the Memorandum of Association and Articles of Association, if applicable
- Owner’s Emirates ID, valid passport and residence permit
For a single person
- Trade licence
- Memorandum of Association / Articles of Association
- Modify or make additions to the attachments accompanying the Memorandum of Association and Articles of Association, if applicable
- Owner’s Emirates ID, valid passport and residence permit
For a private joint stock company
- Trade licence
- Association Memorandum / Association Articles
- Modify or make additions to the attachments accompanying the Memorandum of Association and Articles of Association, if applicable
- Owner’s Emirates ID, valid passport and residence permit
For a public joint stock company
- Trade licence
- Association Memorandum / Association Articles
- Amendment annexes, if applicable
For a branch (local/foreign/free zones)
- Trade licence only
For civil/collateral works
- Trade licence
- Association Memorandum / Association Articles
- Modify or make additions to the attachments accompanying the Memorandum of Association and Articles of Association, if applicable
- Owner’s Emirates ID, valid passport and residence permit
For a Government Liaison/Representation Office
- Trade licence
- Association Memorandum / Association Articles
For Companies/establishments/ cooperative or charitable societies/sports or cultural clubs to be issued by decree only
Free zones
- Licence/Incorporation Certificate
- Memorandum of Association / Articles of Association
- Modify or make additions to the attachments accompanying the Memorandum of Association and Articles of Association, if applicable
- Owner’s Emirates ID, valid passport and residence permit
- A no-objection certificate (NOC) from the licensing authority only allows property ownership for purchase.
For foreign and GCC companies
- Incorporation Certificate /trade licence
- Memorandum of Association / Articles of Association
- Modify or make additions to the attachments accompanying the Memorandum of Association and Articles of Association, if applicable
- Owner’s Emirates ID, valid passport and residence permit
PROCEDURE
Here’s the procedure that involves the following steps.
- Step I: The customer goes to a Real Estate Registration Trustee Centre.
- Step II: An employee checks the required documents to ensure none are missing (uploads all necessary documents via the digital safe).
- Step III: An employee enters the transaction details into the system and conducts an audit.
- Step IV: The customer makes the payment and gets a payment receipt.
- Step V: The customer receives an email containing the company’s reference number, confirming the successful registration.
The processing time for the service is 25-30 minutes.
TERMS AND CONDITIONS
Foreign companies seeking to do business in the UAE, specifically in Dubai or Ras Al Khaimah, must register within the free zones in these regions. On the other hand, companies from the Gulf Cooperation Council (GCC) countries are mandated to register with the Dubai Department of Economic Development if they intend to operate within Dubai.
FEES
Here is the breakdown of the cost of registering companies with the Dubai Land Department:
- The cost for setting up a single-person establishment is 500 AED plus VAT, including service partner fees.
- Registering a limited liability company comes at a fee of 2,000 AED plus VAT, which covers the service partner fees.
- Establishing a company with foreign shareholders requires a fee of 4,000 AED plus VAT, including the service partners’ fees.
- Making changes to company documents, such as adding or deleting information, is subject to a charge of 500 AED plus VAT, which also includes the service partners’ fees.
- The applicants can pay the service fee via epay, Sadad Dubai platform, Noqodi or Manager’s check in favour of the Land Department.
FAQs
Who are the third parties involved in the DLD registration process?
The owner and the real estate developer of the property are the third parties involved in the DLD registration process.
What is the DLD property registration fee?
DLD imposes a 4% fee on the total property price. Legally, DLD fees are split equally, with 50% to be covered by the buyer and 50% by the seller.
Which companies can avail this service?
All companies like real estate developers, valuation or property management companies in Dubai can use this service to register themselves on DLD.
All in all, these were the steps and details to register companies in DLD. This service is a one-stop solution for company registration, connecting it to real estate transactions and managing updates as needed. Besides, property management companies for jointly-owned properties can register to the Mollak system in Dubai. Moreover, if you are looking for a new property to set up your business, go through these commercial properties for sale in Dubai.
Besides, if you want to have a residence in the Emirates, you can go through these properties for sale in Dubai.
Stay connected to dubizzle’s property blog for more on DLD services, details and requirements.
