Individuals and legal entities from the United Arab Emirates that engage in business activities in the Republic of Serbia may acquire ownership of real estate necessary for conducting those activities, in accordance with the principle of reciprocity. Likewise, individuals from the United Arab Emirates who do not engage in business activities in the Republic of Serbia may acquire ownership of an apartment or residential building under the same conditions applicable to citizens of the Republic of Serbia, in accordance with the principle of reciprocity. This includes ownership of the land on which the residential building is constructed or on which the apartment is located, as well as land necessary for their regular use. However, foreign individuals and legal entities may not acquire ownership of agricultural land in the Republic of Serbia, unless otherwise provided by the Law on Agricultural Land.