Tameer Real Estate Establishment has signed an agreement with the Umm Al-Quwain government under which land proprietary deals can be registered in the names of beneficiaries of United Arab Emirates and Gulf Cooperation Council nationals in the emirate’s Modern Emirate’s Industrial Project.
According to Arab News, Tameer had earlier provided a bank guarantee in favor of the Land Department in Umm Al-Quwain to ensure complete development of the infrastructure within the project area. The agreement will safeguard the investor’s ownership of land in the project.
