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RAK ICC Now Ratified for Dubai Property Ownership – What Families and Entrepreneurs Need to Know
Dawia Family Office
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For several years, RAK ICC companies and foundations could hold Dubai real estate, but only under a discretionary, case-by-case process. That has now changed.

The Dubai Land Department (DLD) has confirmed a systematic framework that allows RAK ICC International Business Companies (IBCs) and Foundations to register freehold property titles in Dubai.

Why this matters

  1. Predictability. What was once uncertain is now a ratified process, giving investors and family offices clarity.
  2. Succession planning. RAK ICC’s July 2025 foundation amendments introduced stronger governance tools, making foundations an ideal vehicle to hold real estate for future generations.
  3. Efficiency in transfers. When a property is transferred to a foundation or company owned by the same UBO, the DLD fee is only 0.125%, compared to the usual 4%.

What to consider

  • Only designated freehold areas remain eligible.
  • Transfers still require full UBO documentation and compliance.
  • The structure chosen, IBC or Foundation, depends on whether the priority is flexibility (IBC) or legacy protection (Foundation).

Our view

This is a strategic moment for families and entrepreneurs. Consolidating assets under a compliant structure in Dubai is now more accessible, cost-efficient, and aligned with global best practices.

At Dawia Family Office, we help clients review, restructure, and future-proof their holdings. With the new framework in place, now is the right time to act.

Contact us today!