Co-Ownership

Co-ownership is shared property ownership by two or more parties, each holding an undivided interest in the entire property.

Structure TypeCharacteristics
Tenancy in commonSeparate shares, can be unequal
Joint tenancyEqual shares with survivorship
Corporate ownershipCompany holds title
Specified sharesPercentage defined in title deed
Dubai FrameworkRules
Joint ownership certificateIssued by DLD
Percentage allocationMust be specified
Sale restrictionsAll owners must consent
Rental incomeSplit per ownership percentage
Mortgage approvalAll owners must qualify


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