Property Gifting

Property gifting can exist beyond the scope of gifting between family-members. Property gifting to a legal entity in Dubai, or in other terms, a company, registered under your name is a permitted process under the regulations of Dubai. Such a process could also be done in the aims of ensuring the extended asset protection, and ownership simplification. A gift (also known as Hiba) transfer, to a...

Under the UAE civil Law No.5 of 1985, a minor is said to be anyone under the age of 21, which is specified as the age of majority. However, individuals above the age of 21 lacking mental capabilities would also be considered as minors. The debate of whether minors are allowed to be property owners often emerges with families considering succession planning or wealth transfers. For an overview of how...

Property gifting among family members has become a standardized procedure of real estate transfer, enabling a remarkable reduce in expenditures. If a property has a title deed or is an off-plan property, the process is easily facilitated. However, if the property is under a mortgage, the process gets complicated. Disparate from gifting a clear property, the mortgaged property transfer in Dubai involves...

Families often transfer assets among their members, specifically spouses, children, or parents, in the form of a “Hiba” or a property gift transfer. In contrast to sale agreements, property gifting in Dubai is not about profit, it’s about passing on ownership as part of family or succession planning. However, this process isn’t entirely free of charge. Property gifting among family members...

The gift or “Hiba” as mostly known in Arabic, is the voluntary transfer of property ownership, from the donor to the donee, without remuneration. So, can property be gifted in Dubai? Yes, it is allowed under UAE laws, such as the Law No.14 of 2017 Regulating Endowments and Gifts in the Emirate of Dubai, the process is held according to DLD’s (Dubai Land Department) specific provisions and processed...

Property gifting has become a recurrent practice in Dubai, especially among families who wish to transfer real estate between parents, children, or spouses without going through a traditional sale agreement. Family property gifting in Dubai is increasingly common as families prioritize smooth intra-family transfers. Contrast to the regular gesture of generosity, property gifting in Dubai is a formal legal...

Gifting property in Dubai is governed by "Law No. (14) of 2017 Regulating Endowments and Gifts in the Emirate of Dubai”. The law defines gifting as an act of giving without expecting anything in return. “Hiba” as mostly known in Arabic, is when a donor voluntarily decides to grant the done a property-free of encumbrances- as a gift without consideration. This type of action is frequently present...