What documents does a British national need to start a property management business in the UAE?

You will need a valid United Kingdom passport (minimum 6 months validity), passport-sized photos, proof of address in United Kingdom, attested documents via Foreign, Commonwealth & Development Office (FCDO), and a business plan for your property management venture.

How long does it take for a British citizen to set up a property management company in DMCC?

The complete process — from initial application to trade licence issuance — typically takes 3–6 business days. Adding visa processing and bank account opening, the total timeline is approximately 13–23 business days.

Can I open a corporate bank account with my DMCC Property Management licence?

Yes, with a valid trade licence from DMCC, you can open a corporate bank account at any UAE bank. Free zone companies can bank with most major UAE banks including Emirates NBD, ADCB, RAKBank, and Mashreq. IBA assists with introductions and documentation for smooth bank account opening.

How much does it cost to set up a Property Management business in Dubai Multi Commodities Centre?

The total setup cost for a Property Management business in DMCC starts from approximately AED 15,300 for the trade licence. Additional costs include visa processing (AED 5,200 per visa), office space, and establishment card fees. IBA provides a detailed cost breakdown during your free consultation.

What are the tax implications for a Property Management business in Dubai Multi Commodities Centre?

The UAE introduced a 9% corporate tax on profits exceeding AED 375,000 (effective June 2023). Free zone companies like those in DMCC may qualify for a 0% corporate tax rate on qualifying income, provided they meet the substance requirements and do not conduct business with the mainland. There is no personal income tax in the UAE. VAT at 5% applies to most goods and services.

Is Dubai Multi Commodities Centre good for property management start-ups?

DMCC is well-suited for both start-ups and established businesses, offering 100% foreign ownership and zero corporate and income tax. Flexible office solutions starting from AED 6,300 per year help keep initial overheads manageable.

What are the annual renewal costs for a Property Management business in Dubai Multi Commodities Centre?

The annual licence renewal for a Property Management DMCC company costs approximately AED 15,300, which covers the trade licence fee. Additional annual costs may include office space rental, visa renewal, and establishment card fees. IBA provides renewal services to ensure uninterrupted business operations.

Property Management in Dubai Multi Commodities Centre for British nationals

Free ZoneReal EstateRegulated Activity

Property Management in DMCC

Starting From

AED 15,300

Setup Time

3 Business Days

Visa Quota

3 Visas

Location

Dubai

About Property Management

The UAE continues to attract British entrepreneurs seeking to tap into the Middle Eastern market, and DMCC is one of the most popular jurisdictions for property management operations. One of the largest Western expatriate communities (~120,000), which means you will find an established support network, community events, and nationality-specific resources to help your business thrive.

Operating from Dubai Multi Commodities Centre gives your Property Management business access to Dubai's world-class infrastructure, including modern office facilities such as flexi desk, shared office, private office and excellent connectivity. As a regulated activity, you will need approval from RERA before commencing operations, but IBA's team handles this process seamlessly on your behalf.

IBA International has been helping entrepreneurs set up property management businesses in Dubai Multi Commodities Centre since 2004. Our team of incorporation specialists will guide you through every step, from initial consultation to licence issuance and bank account opening, ensuring a smooth and efficient setup experience.

Why DMCC for Property Management?

Choosing DMCC for your property management business comes with a host of strategic advantages that directly impact your bottom line and growth potential.

The jurisdiction offers 100% foreign ownership, which is particularly valuable for property management operations. Additionally, zero corporate and income tax ensures that your business remains competitive in the regional market. As a free zone entity, your business enjoys complete repatriation of profits and capital, with no currency restrictions on transactions. Office solutions start from AED 6,300 per year for a flexi desk, making it accessible for businesses of all sizes. The standard licence includes a visa quota of 3 residency visas, with options to increase this number as your team grows. Strategic JLT location further enhances the appeal of DMCC for property management professionals. Furthermore, world's leading free zone positions your property management business for long-term success in the region. With Dubai continuing to invest in infrastructure and business-friendly regulation, DMCC remains an excellent choice for both start-ups and established real estate enterprises looking to expand into the Middle East and North Africa region.

For British nationals specifically, the Dubai government has fostered a business-friendly environment with streamlined processes that cater to the large British business community.

100% foreign ownership

Zero corporate and income tax

Strategic JLT location

World's leading free zone

Access to commodities market

Visa Requirements for British Nationals

British nationals can enter the UAE visa-free for 30 days. For business setup, a residence visa is processed after company incorporation. Once your property management licence is issued by DMCC, IBA will process your residence visa application, Emirates ID, and medical fitness tests. The entire process typically takes 8–15 business days from licence approval to visa stamping.

Banking for British Business Owners

British nationals generally experience smooth corporate bank account opening. UK-regulated banking history is viewed favourably by UAE banks. For your property management business in DMCC, IBA recommends opening a corporate account with a bank that has experience serving British business owners. We will prepare your banking file including the trade licence, shareholder documents, business plan, and any United Kingdom-specific attestations required.

Document Attestation for British Nationals

British nationals setting up a business in the UAE will need to attest certain documents through Foreign, Commonwealth & Development Office (FCDO). This typically includes your passport copy, educational certificates (if applicable for property management), and any existing business documents. The attestation must then be verified by the UAE Embassy in Abu Dhabi before submission to DMCC.

Requirements & Documents

1Valid United Kingdom passport (minimum 6 months validity)

2Documents attested by Foreign, Commonwealth & Development Office (FCDO)

3UAE Embassy attestation from Abu Dhabi

4Professional qualification certificates or approvals from RERA

5Passport copies of all shareholders and directors (valid for at least 6 months)

6Signed application form from DMCC authority

7Relevant industry experience documentation

8Proof of residential address (utility bill or bank statement)

Regulatory Note: Property Management is a regulated activity in the UAE. Additional approval from RERA is required. IBA can guide you through the full regulatory process.

Cost Breakdown

Item	Cost (AED)
License Fee	15,300
Visa Package (per visa)	5,200
Flexi Desk	6,300
Shared Office	12,000
Private Office	30,000
Estimated Total (Year 1)	From AED 26,800

* Costs are indicative and subject to change. Contact IBA for a personalised quote.

Setup Timeline

Consultation

Free consultation with IBA to discuss your property management business plan and the best DMCC licence options for British nationals.

Document Preparation

Prepare and attest all required documents from United Kingdom through Foreign, Commonwealth & Development Office (FCDO) and the UAE Embassy.

Licence Application

Submit the property management licence application to DMCC. IBA handles all paperwork and government interactions.

Trade Licence Issued

Receive your official DMCC trade licence within 3–6 business days.

Visa Processing

Process your UAE residence visa, Emirates ID, and medical fitness. British nationals can enter the UAE visa-free for 30 days.

Bank Account

Open a corporate bank account. British nationals generally experience smooth corporate bank account opening.

Start Operations

Your property management business is ready to operate in the UAE. IBA provides ongoing PRO, accounting, and compliance support.

Total estimated time: 3 business days. IBA handles the entire process end-to-end so you can focus on your business.

Frequently Asked Questions

Yes. DMCC allows 100% foreign ownership for all nationalities, including British nationals. No local sponsor or partner is required.

Property Management in Other Jurisdictions

SHAMS

From AED 6,150

RAKEZ

From AED 7,500

DIFC

From AED 12,000

Abu Dhabi DED

From AED 10,000

JAFZA

From AED 16,000

Dubai DED

From AED 12,000

DMCC

From AED 15,300

IFZA

From AED 11,750