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A Declaration of Trust creates a clear legal record when someone holds property or assets on behalf of another person in the UAE. Think of it like a formal promise that says "I'm holding this, but it really belongs to someone else." It's commonly used in UAE real estate deals, family arrangements, and business setups where the official owner acts as a trustee.

Under UAE civil law, these declarations help protect both parties by spelling out who truly owns what, even if their name isn't on the official paperwork. They're especially valuable in Dubai and Abu Dhabi's property market, where expatriate investors often use trust arrangements to manage their holdings. The document needs proper attestation from UAE authorities to be legally binding.

Use a Declaration of Trust when you're holding property or assets for someone else in the UAE but need to keep your arrangement legally protected. Common situations include managing real estate for family members abroad, holding company shares for international investors, or safeguarding assets during complex business transactions.

This document becomes essential in UAE's real estate market when expatriate buyers need a local sponsor to hold property, or when family members want to document beneficial ownership arrangements. It's particularly valuable during inheritance planning, joint ventures, or when navigating restrictions on foreign ownership in certain UAE free zones and mainland areas.

• Declaration Of Trust Property: Used for real estate holdings in UAE, documenting beneficial ownership when local sponsors hold property for foreign investors
• Declaration Of Bare Trust: Simplest form where trustee has no active duties except holding and transferring as directed
• Declaration Of Trust For Shares: Specifically for corporate shareholdings, common in UAE free zones for company ownership structures
• Declaration Of Trust Nominee Shareholder: Detailed version for corporate arrangements, protecting both nominee and beneficial shareholders' rights

• Local Sponsors: UAE nationals or entities who legally hold property or business assets on behalf of foreign investors, using Declarations of Trust to formalize arrangements
• Foreign Investors: Expatriate individuals or companies who are beneficial owners but cannot directly hold certain assets under UAE law
• Legal Consultants: Draft and review trust declarations to ensure compliance with UAE civil law and Sharia principles
• Corporate Trustees: Professional firms managing complex trust arrangements for international clients in UAE free zones
• Family Offices: Manage intergenerational wealth transfers and asset protection through trust structures in the UAE

• Asset Details: Gather complete information about the property or shares being held, including registration numbers and exact ownership percentages
• Party Information: Collect legal names, Emirates ID numbers, and contact details for both trustee and beneficiary
• Ownership Structure: Document the intended beneficial ownership arrangement and any specific conditions or restrictions
• Duration Terms: Decide if the trust is temporary or permanent, and specify triggering events for termination
• Local Requirements: Check UAE attestation requirements and prepare for notarization where needed
• Documentation: Our platform generates precise, UAE-compliant trust declarations, ensuring all essential elements are included

• Parties' Details: Full legal names, Emirates ID numbers, and addresses of trustee and beneficiary owners
• Asset Description: Precise details of property, shares, or assets held in trust, including registration numbers
• Trust Terms: Clear statement of beneficial ownership rights, trustee duties, and management powers
• Duration Clause: Specific term of the trust arrangement and conditions for termination
• Governing Law: Express choice of UAE law and relevant emirate jurisdiction
• Execution Block: Signature spaces, witness requirements, and UAE attestation provisions
• Dispute Resolution: Clear process for handling disagreements under UAE courts or arbitration

A Declaration of Trust differs significantly from a Trust Deed in several important ways under UAE law. While both documents deal with trust arrangements, they serve distinct purposes and have different legal implications in the Emirates.

• Document Scope: A Declaration of Trust is typically simpler, documenting a specific asset holding arrangement, while a Trust Deed creates a comprehensive trust structure with detailed governance rules
• Legal Complexity: Trust Deeds establish complex ongoing relationships with multiple beneficiaries and extensive trustee powers, whereas Declarations focus on straightforward ownership statements
• Timing and Duration: Declarations often address immediate or temporary arrangements, while Trust Deeds usually create long-term structures for wealth management or succession planning
• UAE Application: Declarations are commonly used in UAE property and business holdings for expatriates, while Trust Deeds are more prevalent in sophisticated family office and corporate arrangements