Silvicultural operations such as planting, pruning, and thinning are vital for the forest value chain, requiring efficient monitoring to prevent value loss. While effective, traditional field plots are time-consuming, costly, spatially limited, and rely on assumptions that they adequately represent a wider area. Alternatively, unmanned aerial vehicles (UAVs) can cover large areas while keeping operators safe from hazards including steep terrain. Despite their utility, optimal flight parameters to ensure flight efficiency and data quality remain under-researched. This study evaluated the impact of forward and side overlap and flight altitude on the quality of two- and three-dimensional spatial data products from UAV photogrammetry (UAV-SfM) for assessing stand density in a recently thinned Pinus radiata D. Don plantation. A contemporaneously acquired UAV laser scanner (ULS) point cloud provided reference data. The results indicate that the optimal UAV-SfM flight parameters are 90% forward and 85% side overlap at a 120 m altitude. Flights at an 80 m altitude offered marginal resolution improvement (2.2 cm compared to 3.2 cm ground sample distance/GSD) but took longer and were more error-prone. Individual tree detection (ITD) for stand density assessment was then applied to both UAV-SfM and ULS canopy height models (CHMs). Manual cleaning of the detected ULS tree peaks provided ground truth for both methods. UAV-SfM had a lower recall (0.85 vs. 0.94) but a higher precision (0.97 vs. 0.95) compared to ULS. Overall, the F-score indicated no significant difference between a prosumer-grade photogrammetric UAV and an industrial-grade ULS for stand density assessments, demonstrating the efficacy of affordable, off-the-shelf UAV technology for forest managers. Furthermore, in addressing the knowledge gap regarding optimal UAV flight parameters for conducting operational forestry assessments, this study provides valuable insights into the importance of side overlap for orthomosaic quality in forest environments.