DLD, Masdar City partner to enable free zone property ownership

Dubai, UAE – 25 July 2025 – The Dubai Land Department (DLD) and Masdar City have signed a Memorandum of Cooperation enabling companies and establishments operating within Masdar City free zones to own land and property under Dubai’s freehold ownership system. This initiative aligns with the objectives of the Dubai Real Estate Strategy 2033 and the Dubai Economic Agenda D33.

Unlocking Ownership for Free Zone Firms via Digital Integration

This agreement provides clear regulatory pathways for Masdar City–based companies, including tech and sustainable businesses, to invest in Dubai’s property market under the freehold model. Eligible firms will gain access to designated freehold zones, supported by streamlined legal and administrative procedures.

DLD and Masdar City will implement a joint framework featuring direct coordination between authorities, fast-tracked property registration, and an advanced digital interface for applications, tracking, and document verification. This improves transparency and expedites ownership completion.

Strategic Vision Backed by Leadership

Majid Al Marri, CEO of DLD’s Real Estate Registration Sector, commented:

“We continue to expand access to Dubai’s freehold market through collaborative models that enhance the integration of the real estate ecosystem across the UAE. Enabling companies registered in free zones to own property in the emirate aligns with our vision of building a more open investment environment that offers diverse ownership options. We consider this a strategic step that adds significant value to the objectives of the Dubai Economic Agenda D33 by diversifying the investor base and stimulating new investment flows that contribute to market growth and sustainability, all in line with our leadership’s vision of making Dubai the best city in the world to live and work.”

Ahmed Baghoum, CEO of Masdar City, added:

"This initiative highlights Masdar City’s commitment to supporting businesses with innovative solutions that address their needs. By simplifying property registration processes for companies operating within Masdar City’s Free Zones, we are enabling them to expand their operations seamlessly while contributing to the UAE’s long-term growth. This partnership highlights our shared vision with DLD to create a business-friendly environment and reinforces Masdar City’s position as a global hub for innovation and investment."

Under the memorandum, both parties will work together to develop a comprehensive framework outlining clear eligibility criteria for establishments, as well as the legal and administrative steps needed to complete the registration process.

Implications for the Dubai Property Market

Previously unable to buy property, many Masdar-based businesses including foreign, innovation-focused firms can now invest directly in Dubai’s real estate. This move is expected to diversify the investor base, boost capital inflows, and strengthen Dubai’s position as one of the world’s most open and flexible property markets.