Owning property in Dubai is exciting — but what if you don’t own the whole thing? Shared ownership (also called fractional ownership) is becoming a popular way to get a slice of Dubai’s real estate without paying the full price tag.

But here’s the question a lot of co-owners ask: “Can I rent out my share?”

The short answer: Yes, you can — but there are a few rules you need to play by.

 

What Shared Ownership Really Means

Shared ownership is exactly what it sounds like — you and one or more people share the title to the same property. You split the cost, the responsibilities, and (hopefully) the profits if you rent it out.

It’s a smart way to own a high-value property in Dubai without taking on the entire mortgage or maintenance bill yourself.

The Law on Renting Out Shared Ownership Properties

Dubai’s Law No. (6) of 2019 says you can lease out a property you co-own — but there are some strings attached:

1. Follow Community Rules
   Your tenant has to respect building or community guidelines (think noise limits, parking rules, cleanliness).

2. Service Charges Are Still Yours
   Unless you clearly put it in the lease, you — not your tenant — are responsible for service charges. If they don’t pay, it still comes out of your pocket.

3. Keep Everyone in the Loop
   While the law doesn’t force you to get permission from your co-owners, it’s always better to talk things out first. Avoid surprises — they rarely end well.

Smart Tips Before You Hand Over the Keys

• Get Co-Owner Approval – Even if not legally required, it keeps relationships smooth.

• Write a Clear Lease Agreement – Spell out who pays what, from service fees to utility bills.

• Tell the Building Management – So they know who’s coming and going.

• Choose Tenants Wisely – Because once they move in, you’re the one responsible for any trouble.

What About Ejari?

Ejari is Dubai’s official tenancy contract registration system. Whether your shared ownership lease needs it depends on the type of rental and contract terms. In many cases, registering it adds legal protection — so it’s worth considering.

The Bottom Line

Yes, you can rent out your shared ownership property in Dubai — just make sure you:

•  Check the law
•  Keep your co-owners happy
•  Protect yourself with a solid lease
•  Follow building rules

Do it right, and you’ll enjoy extra income without extra headaches.