This verse is directed to everyone who recites the Holy Qur’an. This is because, although it is addressed directly to our beloved Prophet r every speech that is addressed to him is also directed to all of mankind.
The dominion (Al-Mulk) consists of the owner (Al-Maalik), the property (Al-Milk) that he deals with and the king (Al-Malik) who rules these owners. Allah U owns all of the kings, owners and properties. And as long as the dominion is in Allah’s Hands, the authority in the heavens and Earth is His. All that is in the Heavens and Earth submit to His Rule.
This verse is a rebuttal on those Jews who raised doubts regarding the issue of Abrogation and the changing of the religious rulings. They said: “The Muslims used to follow our Qiblah (direction in prayers), but are now facing other than it…”. Allah says:
﴾قَدْ نَرَى تَقَلُّبَ وَجْهِكَ فِي السَّمَاءِ﴿
“We have certainly seen the turning of your face, [O Muhammad], toward the heaven” [Surah Al-Baqarah: 144].