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

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

How long does it take for an Italian 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.

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.

How much does it cost to set up a Property Management business in Meydan Free Zone?

The total setup cost for a Property Management business in Meydan starts from approximately AED 9,950 for the trade licence. Additional costs include visa processing (AED 4,000 per visa), office space, and establishment card fees. IBA provides a detailed cost breakdown during your free consultation.

What documents do I need to set up a Property Management business in Meydan?

The standard documents required include: passport copies of all shareholders, passport-sized photographs, a completed application form, a business plan or activity description, and proof of address. As a regulated activity, you will also need to provide professional qualifications or certifications required by RERA. IBA handles all document preparation and submission on your behalf.

Can I get a residence visa with my Property Management licence from Meydan?

Yes, your property management licence from Meydan entitles you to apply for residence visas. The standard package includes 3 visa(s), with the option to apply for additional visas based on your office space. Each visa costs approximately AED 4,000.

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.

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

As an Italian national looking to establish a Property Management business in Meydan Free Zone, the UAE offers one of the most welcoming environments for international entrepreneurs. Italy has strong bilateral trade relations with the UAE, and thousands of Italian professionals have already successfully set up businesses across the emirates.

As a free zone entity regulated under Dubai's commercial laws, your Property Management business will benefit from competitive pricing and prestigious meydan address. The Meydan licensing framework is designed to accommodate both start-ups and established firms, with annual licence fees starting from approximately AED 9,950.

With over two decades of experience in UAE business formation, IBA International provides end-to-end support for your property management setup in Meydan. Our dedicated advisors handle the paperwork, government liaisons, and compliance requirements, so you can focus on building your business from day one.

Why Meydan for Property Management?

There are several compelling reasons why Meydan Free Zone continues to attract property management entrepreneurs from around the world.

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

Competitive pricing

Prestigious Meydan address

Fast setup process

100% foreign ownership

Growing free zone community

Visa Requirements for Italian Nationals

Italian nationals can enter the UAE visa-free for 90 days. For business setup, a residence visa is processed after company 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 Italian Business Owners

Italian nationals generally experience smooth corporate bank account opening. EU banking standards are recognised by UAE banks. For your property management business in Meydan, IBA recommends opening a corporate account with a bank that has experience serving Italian business owners. We will prepare your banking file including the trade licence, shareholder documents, business plan, and any Italy-specific attestations required.

Document Attestation for Italian Nationals

Italian nationals setting up a business in the UAE will need to attest certain documents through Italian Ministry of Foreign Affairs / Prefettura. 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 Italy passport (minimum 6 months validity)

2Documents attested by Italian Ministry of Foreign Affairs / Prefettura

3UAE Embassy attestation from Abu Dhabi

4Passport-sized photographs with white background

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

6Proposed company name (2-3 alternatives)

7Detailed business plan or activity description

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	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 Italian nationals.

Document Preparation

Prepare and attest all required documents from Italy through Italian Ministry of Foreign Affairs / Prefettura 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. Italian nationals can enter the UAE visa-free for 90 days.

Bank Account

Open a corporate bank account. Italian 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: 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 Italian 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