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What is ‘granted land’?

Source : Gulf News

Shahram Safai and

Granted land is land that has been gifted by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to a UAE national, at no cost, for commercial or industrial purposes or residential purposes.


Granting land in this manner furthers Dubai’s leadership vision of ensuring a dignified life for its citizens by enabling commercial and industrial assets to be developed, as well as homes to be built. Granted land is not freehold and is subject to various restrictions.


Read the full article here.