{"id":70447,"date":"2024-07-24T04:23:14","date_gmt":"2024-07-24T04:23:14","guid":{"rendered":"https:\/\/www.squareyards.ae\/blog\/?p=70447"},"modified":"2024-07-24T04:23:14","modified_gmt":"2024-07-24T04:23:14","slug":"granted-property-in-dubai-regart","status":"publish","type":"post","link":"https:\/\/www.squareyards.ae\/blog\/granted-property-in-dubai-regart","title":{"rendered":"Granted Property in Dubai: An Unexpected Gateway to Luxury Living"},"content":{"rendered":"

A granted property is any piece of real estate gifted by a high-ranking UAE official, including His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Prime Minister or a ruler, to a UAE national at no expense. One can use this grant for residential, commercial, and industrial purposes, subject to the authority’s various restrictions. Granted property helps fulfill the leadership vision to watch citizens live respectable lives with ample industrial assets. Following the particular granted property registration process is mandatory, just like any ordinarily purchased building\/ home.<\/span><\/p>\n

The Dubai Land Department ensures that residents receive the granted property post-registration and allows various organisations to apply for the same land. Individuals can receive this grant after his highness approves the buildings\u2019 grant map, and its validity is no more than two years from the date of issuance. Post 1996, residents could also avail of a mortgage on the granted land, which was strictly prohibited before.\u00a0<\/span><\/p>\n

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