Dubai, UAE – In a significant move to enhance business flexibility and inter-emirate collaboration, a new agreement now allows companies licensed in the Umm Al Quwain Free Trade Zone (UAQ FTZ) to purchase and own property in Dubai.
The agreement, signed between the UAQ FTZ and a leading Dubai property registration authority, marks a milestone in expanding investment access and real estate ownership for businesses operating from the northern emirate. It aims to boost investor confidence, foster economic integration, and attract more international businesses to the UAE.
Under the deal, UAQ FTZ-registered firms can directly acquire properties within Dubai’s freehold areas, enhancing their operational reach and offering greater freedom in establishing a physical presence in the emirate.
Officials from both parties emphasized that the partnership supports the UAE’s vision for a more connected and competitive national economy, where regional synergies drive long-term growth.
This collaboration is expected to benefit startups, SMEs, and global investors, making it easier for them to expand into Dubai while retaining their original licensing base in UAQ.