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Allotted Land<br />
B<strong>en</strong>eficiary:<br />
Land for industrial or commercial use whose usufruct right is conferred<br />
upon UAE nationals, including:<br />
1. land subject to an order of disposition; and<br />
2. Allotted Land which is transferred to third parties by way of<br />
succession, assignm<strong>en</strong>t, donation, or in return for consideration.<br />
A UAE national to whom land is allotted.<br />
Grant of Title of Allotted Land<br />
Article (2)<br />
Title to Allotted Land may be granted to the B<strong>en</strong>eficiary, upon his request, on a freehold<br />
basis and without any restriction on its use, exploitation, or disposition.<br />
Procedures for Grant of Title of Allotted Land<br />
Article (3)<br />
Transfer of ownership of Allotted Land to the B<strong>en</strong>eficiary will be effected in accordance<br />
with the following procedure:<br />
1. The B<strong>en</strong>eficiary submits to the Departm<strong>en</strong>t an application for grant of title to the Allocated<br />
Land. The Departm<strong>en</strong>t considers the application in coordination with other concerned<br />
<strong>en</strong>tities in the Emirate where required, and makes the appropriate decision in this regard.<br />
2. The Departm<strong>en</strong>t follows the procedure for the grant of title to the Allotted Land to the<br />
B<strong>en</strong>eficiary, registers the land in his name in the Property Register, and issues the title deed<br />
upon paym<strong>en</strong>t by the B<strong>en</strong>eficiary of the transfer of ownership fee prescribed in this Decree.<br />
Fees for Grant of Title<br />
Article (4)<br />
The B<strong>en</strong>eficiary who desires the transfer of ownership of industrial or commercial land<br />
into his name will pay a transfer of ownership fee of thirty perc<strong>en</strong>t (30%) of the market<br />
value of the land as determined by the Departm<strong>en</strong>t at the time of ownership transfer.<br />
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