Shareholders wanted a Dubai company for own-account property purchases and sales, with shared decision-making and separate residence requirements.
Activity reference from the supplied Dubai mainland register. Confirm current scope and conditions before applying.
Activity 6810001 · Dubai mainland · DET reference
Includes firms engaged in buying and selling real estate, such as residential and non-residential buildings and land, such firms are not allowed to practice the activity no.6499004 " Real Estate Development
Find this activity in the directoryRead the requirement, the constraint and the proposed route together. The value of this case is the reasoning behind the setup, rather than an activity name in isolation.
Four phases, 11 checkpoints. See the route at a glance, then open a checkpoint for the work, owner and timing. Daily updates continue during active work.
Confirm the route and open your file.
Activity, legal form and Dubai mainland
Owner / You and VantablackNamed team, checklist and your project timeline
Owner / VantablackDocuments and activity checks.
Passports, KYC and anything the activity needs
Owner / You, checked by VantablackSubmitted to the Department of Economy and Tourism
Owner / Vantablack, then the authorityRequired before you can operate this activity
Owner / RERARequired before you can operate this activity
Owner / Dubai Land DepartmentPremises and the licence decision.
Lease and Ejari for the dedicated premises
Owner / You and VantablackYour company exists; documents in your workspace
Owner / The authorityFollow-on work in your agreed scope.
Immigration file for you and your team
Owner / Vantablack PRO teamBank application, VAT and Corporate Tax registration
Owner / Vantablack and the bankList your services on the Ecosystem and receive requests
Owner / You, on VantablackTime markers are our service standards; authority steps follow the authority’s own timeline, and approvals are the authority’s decision. Your accepted quote confirms which post-licence services are included. Sales depend on licensing, approvals and demand.
Select a point to read the reasoning.
01 Business objective Two foreign shareholders wanted a Dubai company that could buy and sell UAE real estate as the company's actual commercial activity, with two investor visas and joint signatory control.
The shareholders wanted a company that could buy and sell property as its own business, rather than merely hold an asset. They also wanted shared control and residence arrangements. The activity, buyer eligibility and signing arrangements therefore needed separate assessment.
The investigation identified a Dubai mainland LLC route for own-account property buying and selling, with a DLD/RERA approval layer. Treat this as the investigated route, not evidence that licensing, property registration, bank mandates or residence applications were completed.
DLD lists buying and selling land and properties among licensed real-estate activities and routes licensing applications through Invest in Dubai/Trakheesi. Its service terms exempt this activity from the practice-card requirement. Do not import brokerage-card requirements into own-account trading.
DLD: Real Estate Licensing Application - checked 20 October 2026. Read the official publication.
DLD distinguishes foreign ownership in designated areas and recognises company ownership subject to the applicable framework. Confirm the proposed company and each property with DLD before committing. Register the transaction with DLD; the company licence does not itself transfer title.
DLD: property ownership and registration questions - checked 20 October 2026. Read the official publication.
Specify which decisions require both shareholders, then have the constitutional documents and proposed bank mandate reviewed accordingly. Assess company-based residence separately from property-investor residence. Obtain a transaction-specific quote separating licensing, purchase/transfer costs and professional fees; no visa, bank approval or fee total is promised.
Check beneficial-owner records and filing duties under the applicable registry. Cabinet Decision 109/2023 covers mainland and non-financial free-zone entities, subject to exemptions; DIFC and ADGM have their own regimes.
MoET: beneficial-ownership guidance - checked 20 October 2026. Read the official publication.
UAE holding companies fall within the corporate-tax framework. Exemptions for qualifying income depend on conditions; ask a tax adviser to assess them. No tax rate or saving is assumed here.
FTA: holding-company corporate tax FAQ - checked 20 October 2026. Read the official publication.
ESR notifications and reports were cancelled for financial years ending after 31 December 2022. Earlier obligations remain.
Ministry of Finance: economic-substance reporting amendment - checked 20 October 2026. Read the official publication.
This page records investigation and decision reasoning. It does not report a verified completed incorporation, approval, transfer, visa, bank account, actual cost or completion time.
First check the exact activity, licensing route, operating model and authority conditions. Virtual-office eligibility must be confirmed for your setup; it is not established by this case study. For an eligible Dubai mainland setup, our indicative planning example is AED 1,200 for trade-name reservation and initial approval, AED 3,500 for a virtual-office provider, and AED 12,000 for the licence: approximately AED 16,700 before Vantablack service fees. These are Vantablack planning estimates dated 20 October 2026, not official tariffs or costs recorded for this case. Provider tax, visas, immigration and labour files, external approvals and other scope-specific costs are separate where applicable.
Where dedicated premises are required, replace the virtual-office allowance with the actual office, shop, warehouse or other suitable lease cost. Our planning allowance for the licence is AED 12,000 plus a market fee estimated at 5% of the annual lease value, subject to the authority assessment; the initial application allowance remains AED 1,200. Fit-out, deposits, inspections and activity-specific approvals may add costs. Your written quotation and actual authority voucher determine the payable amounts.
Planning guidance for a new enquiry, not a statement of this client’s costs or completed approvals. Basic and Advanced Setup include virtual-office sourcing and coordination where eligible; office-provider charges are separate.
Compare premises options and request current pricingOwning property, mediating transactions, operating holiday homes and applying for residence are different objectives. They should not be bundled into one assumed permission.
Moving from holding an asset to brokerage, short-stay operation or a residency application creates a different evidence and approval question.
