Freehold in Dubai

DUBAI REALESTE

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

 

DUBAI CITY

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:
  1. Arabian Ranches
  2. Village Jumeirah Circle
  3. Dubai Sports City
  4. Downtown Dubai
  5. Jumeirah Golf Estates
  6. Jumeirah Lakes Towers
  7. Business Bay
  8. Motor City
  9. Jumeirah Islands
  10. Palm Jumeirah Islands
  11. 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

 

DUBAI REALESTE

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.

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