Tuesday, July 31, 2012

which Properties can be held through JAFZA offshore Company

Through the 2006 Circular that Jafza issued, it states that Jebel Ali offshore entities can own property in any projects in Dubai that were owned by Dubai World, Dubai Holdings and Emaar Properties.

As per our understanding that there is no restriction on any freehold property, Jafza offshore companies must still obtain an NoC from Jafza in order to register title at the Land Department.

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