Freehold in Dubai is a law under which foreign citizens.
are allowed to purchase Emirati property for housing.
or real estate investment.
The concept of freehold ownership in Dubai:
- It is a term that means the possibility of ownership.
- for expatriates to the United Arab Emirates.
- This is regardless of the nationalities of foreigners.
- which means allowing them to buy real estate.
- Note that freehold ownership in the Emirates varies from.
- one emirate to another according to the laws of each one.
Freehold in Dubai
What types of properties are freeholds allowed in Dubai?
- Dubai’s freehold law allows the purchase of.
- all types of residential properties.
- Such as luxury apartments or villas of all sizes, areas.
- types and styles.
Advantages of freehold ownership in Dubai:
- UAE law grants expatriates several advantages, including:
1-Total ownership of the property:
- Meaning that the foreigner has the right to own.
- the entire property and not part or shares of it.
- But this is done under certain conditions.
2-Real estate investment:
- A foreign expatriate can buy a property in Dubai.
- in order to invest in it.
- And collecting profitable returns resulting from.
- reselling or renting the property.
3- Interaction with other nationalities and cultures:
- There is hardly a country in the world without.
- some of its citizens residing in Dubai.
- This pushes the expatriate to get to know and.
- deal with other nationalities.
- And benefit from their experiences in trade.
- investment and real estate ownership.
Freehold areas in Dubai:
- The Emirate of Dubai is designated in the United Arab Emirates.
- Some areas in the emirate to be freehold areas.
- Which allows expatriates to own real estate there
- These areas are:
- Arabian Ranches
- Village Jumeirah Circle
- Dubai Sports City
- Downtown Dubai
- Jumeirah Golf Estates
- Jumeirah Lakes Towers
- Business Bay
- Motor City
- Jumeirah Islands
- Palm Jumeirah Islands
- Barsha Heights
Freehold options in Dubai:
- Freehold options are divided into two types.
- according to the purpose of purchasing a property in Dubai.
- These two options are:
1-housing in Dubai:
- Many foreigners who want to reside in Dubai.
- go to study or work.
- To buy a property in Dubai in order to house there.
- as individuals or families.
2- Investing in Dubai:
- The UAE city of Dubai has many attractive features.
- for real estate investment.
- Thanks to its location, its international reputation.
- the luxury of its real estate designs, and.
- the quality of its construction.
- In addition to the luxurious lifestyle that the city lives.
- making it one of the best cities to live in the world.
- This led to widespread urban activity and increased.
- demand for real estate in Dubai.
- Thus, the investment value of Dubai real estate increases.
- and provides high profitable investment returns.
Is there freehold ownership in Dubai?
- Yes, the Emirate of Dubai allows expatriates to.
- own property there.
- However, this is subject to several conditions in term.
- of the type of real estate and within specific areas.
Freehold in Dubai
Can a real estate investor obtain golden residency in the UAE?
- Yes, this is possible, provided that the value of the property.
- owned by the foreign expatriate increases.
- About two million UAE dirhams, equivalent.
- to 553 thousand US dollars.