Specific rules apply to land granted to entities affiliated to the Government. For companies where the Government or its affiliates hold at least fifty percent (50%) of the capital, the granted land may be mortgaged without any conditions. This cont…
Specific rules apply to land granted to entities affiliated to the Government. For companies where the Government or its affiliates hold at least fifty percent (50%) of the capital, the granted land may be mortgaged without any conditions. This contrasts with the stricter requirements imposed on private beneficiaries. This flexibility allows government-backed projects to leverage their real estate assets more freely for financing purposes, supporting large-scale infrastructure and development initiatives within the Emirate�s strategic plan.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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