The UAE’s real estate and infrastructure market presents a compelling opportunity for businesses seeking to invest and grow in the region. The country’s rapid economic growth, fueled by government investment and strong demand from both domestic and international sources, has created a thriving market for real estate and infrastructure projects.
As the UAE continues to modernise and expand its urban centres, there is a growing demand for sustainable development, smart city solutions, and mixed-use developments. Additionally, the government’s focus on infrastructure projects, such as transportation networks and industrial parks, presents significant opportunities for businesses involved in construction, engineering, and project management.
If you want to set up a Real Estate and Infrastructure Business in the UAE, these are the business activities you can choose:
6810.03 – Development of building projects for own operation, i.e. for renting of space in these buildings
This business activity refers to the process of constructing or developing real estate projects with the primary goal of renting out the completed spaces within those buildings. In essence, it involves building and owning properties for the purpose of generating rental income. For example, a developer might construct a multi-unit apartment building and lease individual units to tenants. Alternatively, they could develop a shopping mall or office building and rent out individual spaces to businesses. Another possibility is constructing a self-storage facility and renting out individual storage units to customers.
The key distinction in this subcategory is the emphasis on development and own operation. This means that the developer is both constructing the building and managing it for the purpose of renting out the spaces within. This is different from simply buying or selling existing real estate, as the primary focus here is on the development and rental aspect.
However, this excludes specific activities such as the development of building projects for sale, the subdividing and improving of land, and the operation of various accommodation types including hotels, suite hotels, campgrounds, trailer parks, workers hostels, rooming houses, and similar establishments.
6820.12 – Real Estate Brokerage, Road and Infrastructure Maintenance
Real estate brokerage involves providing services related to buying, selling, and renting real estate. This includes the activities of real estate agents and brokers, intermediation in real estate transactions, management of real estate properties, appraisal services, and the activities of real estate escrow agents.
Road and infrastructure maintenance refers to the ongoing activities necessary to preserve and improve the condition of roads, bridges, and other public infrastructure. These activities include road repairs, bridge maintenance, traffic management, drainage system maintenance, winter maintenance, and environmental protection.
However, this excludes legal activities, facilities support services, and the management of facilities like military bases, prisons, and other similar establishments (except for computer facilities management).
Third-party Approval: Business activity 6810.03 requires approval from the Real Estate Registration Department post acquiring the license. 6820.12 however does not need third-party approval.
Filing of Economic Substance Returns: This requirement does not apply to the business activities mentioned in this article.Anti-Money Laundering Compliance: This requirement does not apply to the business activities mentioned in this article.
Did you find what you were looking for? Explore the other guides in our Activity Hub for exploring unique business ideas in Dubai and navigate the essentials of business setup with ease.
You can also calculate your business setup costs easily using our handy cost calculator and choose from our customized company setup packages to find your perfect fit.
Get your business license in the UAE today and explore a world of opportunities waiting for you.
