Dubai Freehold Areas: The Ultimate List For Investors
This article was updated on Thu 2 May 2024
This article was updated on Thu 2 May 2024
If you’re wondering “what are freehold areas” or “what are the freehold areas in Dubai,” you’re in the right place. Understanding the difference between freehold and non-freehold areas is essential when it comes to property ownership in Dubai. Freehold refers to a type of property ownership where the buyer, regardless of nationality, has complete ownership of the property and the land it stands on, with no time limit on their rights. This makes freehold areas in Dubai particularly attractive for international investors.
On the other hand, non-freehold areas are restricted to GCC nationals (UAE, Saudi Arabia, Kuwait, Qatar, Bahrain, and Oman) who can buy property with full ownership rights and no time limits. Foreign investors who purchase property in non-freehold areas can only acquire them on a leasehold term, which grant them ownership rights for a limited time, usually up to 99 years.
With this distinction in mind, here’s our ultimate list of freehold areas in Dubai (which are shown on the map also) where anyone can invest in property with full ownership rights and no time limits. So, pay close attention to the list below, otherwise, a simple oversight could turn into a costly mistake!
By considering this list of freehold areas in Dubai, you’ll be well-equipped to make an informed decision when it comes to investing in the city’s vibrant real estate market.
Thank you to Bayut for providing this list.
If you are interested in investing in one of these freehold areas or would like some more information, please get in touch with us.
Freehold Ownership: Available for all nationalities. Golden Visa: Investors purchasing a property valued at AED 2 million or more may be eligible for the UAE's Golden Visa. High Returns: Expected rental yields of 5-7% per annum. Analysts predict a capital return potential of up to 40-50% by the completion date. Flexible Payment Plan: A 60/40 payment plan is available with a 10% down payment.
Developer Reputation: Developed by Ellington Properties, a renowned design-led developer. High ROI Potential: The strategic location and boutique design make it a strong investment for both rental yield and capital appreciation. Payment Plan: A flexible 70/30 payment plan is available. Freehold Ownership: The property is available for full freehold ownership for all nationalities.
Strong ROI: One-bedroom apartments in Dubai Investment Park (DIP) deliver a 9% return on investment. Residency Opportunity: Property purchases open the door to UAE residency, with a 2-year visa for buyers or a 10-year Golden Visa for investments of AED 2 million or more. Capital Gains: Investors have the option to sell the property even during the development period after paying 40% to the developer, which could lead to capital gains.
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