Real Estate Business Activities in Meydan Free Zone
Start your real estate business in Dubai
from AED 12,500
Set up your real estate company in Meydan Free Zone with the right business activities covering property ownership and operation, and real estate agency, management and advisory services. Start from AED 12,500 with a setup built for founders who want to operate in the UAE real estate market with the right license from day one.
Set up your real estate company in Meydan Free Zone with the right business activities covering property ownership and operation, and real estate agency, management and advisory services. Start from AED 12,500 with a setup built for founders who want to operate in the UAE real estate market with the right license from day one.
What is Covered Under Real Estate Business Activities in Meydan Free Zone?
Meydan Free Zone offers real estate business activities across multiple groups: operating own or leased property, and providing real estate services on a fee or contract basis. Each activity has its own defined scope and activity code, giving your business precise legal classification from the start.
Real Estate Activities with Own or Leased Property
This class covers buying, selling, renting and operating of self-owned or leased real estate including apartment buildings and dwellings, non-residential buildings such as exhibition halls, self-storage facilities, malls and shopping centres, and land. Also covers provision of homes and furnished or unfurnished flats or apartments for more permanent use on a monthly or annual basis; development of building projects for own operation by renting space in those buildings; subdividing real estate into lots without land improvement; and operation of residential mobile home sites. Does not include development of building projects for sale, subdividing and improving of land, operation of hotels and similar accommodation, campgrounds and trailer parks, or workers' hostels and rooming houses.
Real Estate Activities on a Fee or Contract Basis
This class covers the provision of real estate activities on a fee or contract basis, including activities of real estate agents and brokers; intermediation in buying, selling and renting of real estate; management of real estate on a fee or contract basis; appraisal services for real estate; and activities of real estate escrow agents. Does not include legal activities, facilities support services, or management of facilities such as military bases and prisons.
What Will You Pay for a Real Estate Business License at Meydan Free Zone?
No hidden fees. No extras bundled in. This is what you are paying for.
*(Only applicable if you are currently in the UAE, so your visa can be processed locally without the need to exit and re-enter)
Easy Payment Plan
for UAE-based Clients
Easy Payment Plan
for UAE-based Clients
Why choose Meydan Free Zone over other free zones?
Meydan Free Zone is designed for businesses that want to move quickly and stay flexible.
24/7 dedicated customer support, including client walk ins
Qualifying Free Zone for 0% Corporate Tax
NOC to lease office space in Dubai Mainland with DET approval
Exclusive pay-as-you-go model
Fast visa access with high approval rates
Guaranteed bank account setup
World’s only fully integrated digital free zone
No NOC required from an existing sponsor to open a company
What real estate activities can I register under Meydan Free Zone?
Meydan Free Zone covers a range of real estate business activities, each with its own activity code for precise business classification.
Activity group | Scope | Right fit for |
|---|---|---|
Own and Leased Property | ||
Real Estate Activities with Own or Leased Property | Buying, selling, renting and operating of self-owned or leased real estate including apartment buildings and dwellings, non-residential buildings such as exhibition halls, self-storage facilities, malls and shopping centres, and land. Also covers provision of homes and furnished or unfurnished flats or apartments for more permanent use, typically on a monthly or annual basis; development of building projects for own operation (for renting of space in those buildings); subdividing real estate into lots without land improvement; and operation of residential mobile home sites. Does not include development of building projects for sale, subdividing and improving of land, operation of hotels and similar accommodation, campgrounds and trailer parks, or workers' hostels and rooming houses. | Property owners and landlords, real estate investment companies, residential and commercial property operators, self-storage facility operators, shopping mall owners, land owners subdividing for lease |
Real Estate Services | ||
Real Estate Activities on a Fee or Contract Basis | Provision of real estate activities on a fee or contract basis, including activities of real estate agents and brokers; intermediation in buying, selling and renting of real estate on a fee or contract basis; management of real estate on a fee or contract basis; appraisal services for real estate; and activities of real estate escrow agents. Does not include legal activities, facilities support services, or management of facilities such as military bases and prisons. | Real estate brokers and agents, property management companies, real estate appraisers and valuers, escrow service providers, property consultancies |
Further Reading
Everything you need to know about real estate business activities in Dubai.
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Questions? Answers.
What is a real estate business license in Meydan Free Zone?
A real estate business license from Meydan Free Zone gives your business the legal authority to operate across defined real estate activities in the UAE, whether you are buying, renting and operating property directly or providing brokerage, management and advisory services to others. Your chosen activity determines the precise scope of what your business is permitted to do.
How much does a real estate license cost in Dubai?
Licenses start from AED 12,500 through Meydan Free Zone.
What is included in the starting package?
The AED 12,500 package covers the trade license fee, flexi-desk, lease agreement, 0 visa allocation, and up to 3 business activity groups, giving you everything required to be legally operational from the day your license is issued.
What is the difference between the two real estate business activity groups?
Real Estate Activities with Own or Leased Property is for businesses that own or lease property and operate it directly, for example by renting residential or commercial units to tenants. Real Estate Activities on a Fee or Contract Basis is for businesses that provide services to others in relation to property, such as brokerage, property management, valuations and escrow services.
Can I set up a real estate brokerage or agency in Meydan Free Zone?
Yes. Real Estate Activities on a Fee or Contract Basis covers the activities of real estate agents and brokers, intermediation in buying, selling and renting of real estate, and management of real estate on behalf of others.
Can I set up a property management company in Meydan Free Zone?
Yes. Management of real estate on a fee or contract basis is covered under Real Estate Activities on a Fee or Contract Basis, including managing residential and commercial properties on behalf of owners.
Can I set up a real estate investment or holding company in Meydan Free Zone?
Yes. Real Estate Activities with Own or Leased Property covers buying, selling and operating self-owned or leased property including residential buildings, commercial buildings, malls and land, as well as developing building projects for the purpose of renting space in them.
Can I register both real estate activities on a single license?
Yes. Both groups can be included on a single license under the 3 business activity groups allowance, enabling your business to both own and operate property and provide brokerage or management services to clients.
Can a foreigner fully own a real estate company in Meydan Free Zone?
Yes. Meydan Free Zone permits 100% foreign ownership with no local partner or sponsor required.
Do I need to include visa allocation when I register?
No. You can register with 0 visa allocation and add it at any point after your license is issued.
Can I add visas and UAE residency after my company is incorporated?
Yes. Visa allocation, establishment card, and UAE residency can all be arranged after incorporation at whatever pace suits your plans.
How long does it take to get a real estate license?
Eligible applicants can be licensed in under 60 minutes via the Fawri service, or within 1 business day on the standard track, provided all required documents are in order.
Is a payment plan available?
UAE-based applicants may be eligible to spread the cost through the Easy Payment Plan using a participating bank's credit card. Confirm eligibility with your Meydan Free Zone setup advisor when you apply.