Are government-owned companies exempt from certain mortgage conditions?

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Ali Faizan Syed · Accepted Answer

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.

Are government-owned companies exempt from certain mortgage conditions?

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Ali Faizan Syed