Activity Code

6499004

Activity Description Arabic

التطوير العقاري

Activity Description English

Real Estate Development

Activity Group

Activity Sub-Category

Activity Type

Description

Includes holding companies formed with a prime role of creating and developing property projects, across residential, commercial and tourist facilities, also, to develop infrastructure that offer luxury lifestyle. Such projects are then offered for sale on a freehold bases, whether they are belonged to the licensee or others, and through a contract between the developer and the land owner. The developer must also register with the Property Developer guarantee Account before commencing the project.

Freezone

Master Activity

Office Type

Non Package