Family Offices Choose Dubai
    Regulatory UpdateOctober 19, 20243 min read

    Family Offices Choose Dubai

    A growing number of family offices are setting up in Dubai. Why they come, how they invest in property and what they look for in homes and offices.

    Head of Private Clients

    Specializing in family office advisory and multi-generational wealth transfer. Victoria manages relationships with 50+ UHNW families across 15 countries.

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    Family offices, private firms that manage the wealth of wealthy families, are increasingly choosing Dubai as their base. DIFC has introduced frameworks to support family offices, and the city's lifestyle, connectivity and stability are attracting families from around the world.

    Why family offices come

    • Legal framework: DIFC's common law system and family office regulations.
    • Stability: a secure environment for wealth and families.
    • Tax environment: no personal income tax.
    • Connectivity: access to global markets.

    How they invest in property

    Family offices often invest in residential portfolios, commercial buildings and development projects, as well as homes for family members.

    What they look for

    Prime residential property for family use, income-producing assets and long-term investments in quality locations.

    Office requirements

    Family offices typically seek prestigious, discreet offices in DIFC or nearby.

    Professional advice

    Family offices value advisers who understand structuring, compliance and long-term planning.

    Structuring property holdings

    Family offices and wealthy families often hold property through structures such as companies, foundations or trusts, which can help with succession planning, privacy and management. In Dubai, the options and their implications depend on the type of property, the location and the regulations that apply. Some freehold properties can be owned by companies registered in certain jurisdictions, while others must be held by individuals. Inheritance rules, corporate tax and registration requirements also affect the choice. Families should seek specialist legal and tax advice before purchasing, rather than restructuring later, which can involve additional fees. A well-designed structure provides clarity for future generations and simplifies management of a growing portfolio.

    Our view

    Family offices are a sophisticated and growing source of demand. We support them with discreet, long-term advice on residential and investment property.

    Family officesHigh net worthDIFC