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

You will need a valid Bangladesh passport (minimum 6 months validity), passport-sized photos, proof of address in Bangladesh, attested documents via Bangladesh Ministry of Foreign Affairs, and a business plan for your property management venture.

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

The complete process — from initial application to trade licence issuance — typically takes 2–5 business days. Adding visa processing and bank account opening, the total timeline is approximately 12–22 business days.

How long does it take to get a Property Management licence in Meydan?

The typical processing time for a property management licence at Meydan is 2 business days, subject to document completeness and any regulatory approvals. As a regulated activity requiring RERA approval, additional time of 1-3 weeks may be required.

Is Meydan Free Zone good for property management start-ups?

Meydan is one of the most start-up-friendly jurisdictions in the UAE, offering competitive pricing and prestigious meydan address. Flexible office solutions starting from AED 4,000 per year help keep initial overheads manageable.

What are the tax implications for a Property Management business in Meydan Free Zone?

The UAE introduced a 9% corporate tax on profits exceeding AED 375,000 (effective June 2023). Free zone companies like those in Meydan 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.

What are the annual renewal costs for a Property Management business in Meydan Free Zone?

The annual licence renewal for a Property Management Meydan company costs approximately AED 9,950, 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.

Do I need to be physically present in the UAE to set up a Property Management company in Meydan?

Most of the setup process for a property management business in Meydan can be completed remotely, with documents submitted online or via courier. However, you may need to visit the UAE for Emirates ID biometrics and bank account opening. IBA can coordinate to minimise your required visits.

Free ZoneReal EstateRegulated Activity

Property Management in Meydan

Starting From

AED 9,950

Setup Time

2 Business Days

Visa Quota

3 Visas

Location

Dubai

About Property Management

Setting up a Property Management business in Meydan Free Zone as a Bangladeshi citizen is a straightforward process when you understand the specific requirements that apply to Bangladesh-based entrepreneurs. IBA International has helped hundreds of Bangladeshi business owners navigate the licensing, visa, and banking procedures unique to their nationality.

The licensing process at Meydan has been streamlined significantly, with most real estate licences processed within 2 business days. As a free zone entity, you will enjoy 100% foreign ownership with no requirement for a local sponsor. The base licence fee is approximately AED 9,950, making it one of the most affordable options in the UAE.

At IBA International, we simplify the process of establishing your property management business in Meydan Free Zone. From selecting the right licence type to securing your visa and opening a corporate bank account, our experienced team ensures every detail is handled professionally and efficiently.

Why Meydan for Property Management?

Meydan Free Zone is widely regarded as one of the UAE's premier destinations for real estate businesses, and for good reason.

The jurisdiction offers competitive pricing, which is particularly valuable for property management operations. Additionally, prestigious meydan address 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 4,000 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. Fast setup process further enhances the appeal of Meydan for property management professionals. Furthermore, 100% foreign ownership positions your property management business for long-term success in the region. With Dubai continuing to invest in infrastructure and business-friendly regulation, Meydan 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 Bangladeshi nationals specifically, the Dubai government has fostered a business-friendly environment with streamlined processes that cater to the large Bangladeshi business community.

Competitive pricing

Prestigious Meydan address

Fast setup process

100% foreign ownership

Growing free zone community

Visa Requirements for Bangladeshi Nationals

Bangladeshi nationals require a pre-arranged UAE visa. Employment or investor visa is processed through the company after incorporation. Once your property management licence is issued by Meydan, IBA will process your residence visa application, Emirates ID, and medical fitness tests. The entire process typically takes 7–14 business days from licence approval to visa stamping.

Banking for Bangladeshi Business Owners

Bangladeshi entrepreneurs can open corporate accounts with standard documentation. Some banks may require additional proof of business activity. For your property management business in Meydan, IBA recommends opening a corporate account with a bank that has experience serving Bangladeshi business owners. We will prepare your banking file including the trade licence, shareholder documents, business plan, and any Bangladesh-specific attestations required.

Document Attestation for Bangladeshi Nationals

Bangladeshi nationals setting up a business in the UAE will need to attest certain documents through Bangladesh Ministry of Foreign Affairs. 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 Meydan.

Requirements & Documents

1Valid Bangladesh passport (minimum 6 months validity)

2Documents attested by Bangladesh Ministry of Foreign Affairs

3UAE Embassy attestation from Abu Dhabi

4Passport-sized photographs with white background

5Relevant industry experience documentation

6Signed application form from Meydan authority

7Proof of residential address (utility bill or bank statement)

8Entry stamp or valid UAE visa copy (if applying from within the UAE)

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	9,950
Visa Package (per visa)	4,000
Flexi Desk	4,000
Shared Office	8,000
Private Office	20,000
Estimated Total (Year 1)	From AED 17,950

* 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 Meydan licence options for Bangladeshi nationals.

Document Preparation

Prepare and attest all required documents from Bangladesh through Bangladesh Ministry of Foreign Affairs and the UAE Embassy.

Licence Application

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

Trade Licence Issued

Receive your official Meydan trade licence within 2–5 business days.

Visa Processing

Process your UAE residence visa, Emirates ID, and medical fitness. Bangladeshi nationals require a pre-arranged UAE visa.

Bank Account

Open a corporate bank account. Bangladeshi entrepreneurs can open corporate accounts with standard documentation.

Start Operations

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

Total estimated time: 2 business days. IBA handles the entire process end-to-end so you can focus on your business.

Frequently Asked Questions

Yes. Meydan allows 100% foreign ownership for all nationalities, including Bangladeshi 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