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The Arabian News > Exclusive > New UAE Law Allows Minors to Manage Assets from Age 15 with Court Approval
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New UAE Law Allows Minors to Manage Assets from Age 15 with Court Approval

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UAE law minors assets

The United Arab Emirates has enacted a progressive new legal reform regarding the financial rights of young people. A landmark update to the civil law now permits minors to manage their own assets and finances from the age of 15. This new right is not automatic; it requires formal approval from a dedicated court. The law simultaneously sets the clear and unified age of legal adulthood at 18 years old. This change brings the civil code into full alignment with existing labour laws and juvenile justice regulations. It represents a significant shift towards recognizing the maturity and capability of older teenagers while maintaining necessary legal safeguards, modernizing the UAE’s legal framework for a new generation.

Minors Aged 15+ Can Seek Financial Management Rights

The core of the new legislation grants a specific privilege to mature minors. Any young person who has reached the age of 15 can now petition the court. They can request the legal authority to manage money, property, or investments that are rightfully theirs. This could include funds from an inheritance, a financial gift, or earnings from approved work. The court will carefully review each application. Judges will assess the minor’s level of maturity, understanding of financial responsibility, and the specific nature of the assets involved. This process empowers responsible teenagers while ensuring oversight from the judicial system to prevent exploitation or poor decision-making.

Legal Adulthood Firmly Established at 18 Years Old

Alongside this new privilege, the law provides essential clarity. It formally and universally establishes 18 as the age of legal adulthood in the UAE for civil matters. Upon turning 18, an individual gains full legal capacity automatically. They can enter into contracts, own property outright, and make all financial decisions without any court approval or guardian consent. This unambiguous benchmark aligns the UAE with international standards and simplifies legal processes for businesses and government entities. It creates a clear transition point from partial, supervised rights to full, independent legal responsibility.

Alignment with Labour and Juvenile Laws Creates Consistency

A key goal of the reform is legal harmony. Prior to this update, different laws sometimes had conflicting definitions of maturity. The new civil law amendment ensures consistency across the legal system. It aligns perfectly with the UAE Labour Law, which also recognizes specific rights and responsibilities for younger workers. It also matches the age definitions used in juvenile justice regulations. This alignment eliminates confusion for families, employers, and the courts. It creates a single, coherent framework for understanding the rights of young people as they progress toward full adulthood, streamlining legal interpretation and application.

New UAE law lets minors manage assets from age 15 with court approvalThe Court’s Role: Assessing Maturity and Protecting Interests

The court acts as a vital gatekeeper in this new process. Its role is to balance empowerment with protection. When a minor applies for asset management rights, the court will conduct a thorough evaluation. This likely involves interviews with the minor, their parents or legal guardians, and possibly financial advisors. The judge must be convinced that the young person possesses sufficient intellect and discretion to handle the assets prudently. The court’s approval can also include conditions or limits tailored to the specific case. This judicial oversight ensures the reform benefits truly prepared individuals and safeguards their financial futures.

Implications for Inheritance, Gifts, and Youth Entrepreneurship

The law has wide-ranging practical applications. It directly affects teenagers who receive inheritances or large financial gifts from family members. Instead of those assets being locked in a controlled trust until age 18, a mature 16 or 17-year-old could potentially manage them under court supervision. It also significantly supports young entrepreneurs. A teen who starts a successful business can seek court approval to manage the company’s finances more independently. This fosters financial literacy, responsibility, and innovation from a younger age, providing a legal pathway for gifted and motivated youth to engage meaningfully with the economy.

Preparing Young People for Financial Responsibility

The law is not just a legal tool; it is an educational one. It encourages parents and schools to begin serious financial education well before a child turns 18. Teaching budgeting, saving, investing, and the basics of contracts becomes more urgent and relevant. The possibility of managing real assets at 15 provides a powerful incentive for teens to learn these crucial life skills. The reform reflects a modern understanding that financial capability develops through gradual, supervised experience, not suddenly at a fixed birthday, preparing a more financially savvy generation for the future.

A Progressive Step in UAE Family and Civil Law

This legislative update marks a forward-thinking evolution in the UAE’s legal landscape. It moves away from a one-size-fits-all approach to minor’s rights. It acknowledges that some teenagers are capable of significant responsibility before turning 18. By creating a formal, court-supervised pathway, the law offers flexibility while upholding the highest protective standards. It empowers families to make decisions based on a child’s individual readiness. This reform strengthens the rights of young people, modernizes family law, and supports the nation’s goals of fostering a capable, independent, and financially intelligent future citizenry.

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TAGGED:Child inheritance rights UAECourt approval for minor financial control UAEFinancial literacy for teens UAEMinors manage assets UAE law 2026UAE civil law updates 2026UAE family law reformsUAE law minors assetsUAE legal adulthood age 18
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