In designated freehold zones you can exercise the following rights as an international investor:
- Unrestricted ownership of the property
- Free disposal of the property (sale, letting, leasing)
- Inheritability of ownership
- Utilisation as collateral for financing
Among the best known Freehold areas in Dubai:
When purchasing a freehold property, you should bear in mind that the title to the property in the Dubai Land Department must be registered. This guarantees your legal entitlement and protects your investment. Registration is subject to a fee of 4% of the purchase price.
An important advantage of freehold ownership is the possibility to Residence visa for Dubai. This applies to properties worth AED 1 million or more and allows you to stay in the UAE for a longer period of time.
Despite the extensive property rights, freehold property is subject to certain local rules and regulations. These include:
- Compliance with building regulations and development guidelines
- Observance of community rules
- Payment of service and maintenance fees
Compared to other forms of ownership such as Leasehold Freehold offers the greatest possible security and flexibility for your property investment in Dubai. This makes it particularly attractive for long-term international investors.