Over the years, Dubai has attracted investors and expats from across the globe to invest in the real estate of this popular country in the UAE. However, before you proceed to make a decision it is essential to be well-abreast with as much information as possible considering the amount of money and risk involved.

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Herein when searching about real estate many of you might have encountered words like ‘Freehold real estate. And this might have made you wonder what is meant by freehold investment and whether it is an investment to try out. Hence, it is necessary to get complete knowledge of what it is exactly and how it can be helpful in the future. So here we go:

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    Freehold property in Dubai

    So, let’s first know what is freehold investment. Freehold property in Dubai can be defined as property which can be owned completely by the owner. Furthermore, they hold absolute rights over the building and land. In comparison to leasehold property, a freehold property is different in terms of ownership. While in the leasehold property, the land is leased by the owner to another person for a stipulated period. In the case of the UAE, the maximum time is that of 99 years.

    Investing in freehold property Dubai

    This brings us to the next question i.e. what makes investing in freehold property a better option in comparison to a leasehold property? So let’s look at the proper explanation.

    One of the primary reasons for investing in a freehold property is that the investor gets complete ownership. Hereby you need not worry about losing your future nor get it changed over time. After buying a freehold property you as the owner get the title of a landowner in the Dubai Land Department (DLD) registry.

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    Here are the advantages of opting for a freehold property.

    Here they are:

    • You as the owner you can sell, lease or occupy the property as the sole owner of the property.
    • Furthermore, you can pass on the freehold property to your heir. This means you can choose to keep the property with your family or people whom you feel to pass it to.
    • Some of the necessary features of freehold property are as follows:
    • As a freehold owner, you can change the unit and add on new structures in the property you have bought.
    • The property will remain without any block for a limited period.
    • You can sell or lease the property at your discretion.

    However, now that we know about the advantage, you must also look into the other side of freehold property investment.

    Limitations of a freehold property In Dubai.

    • When it comes to leasing property in the UAE, you cannot buy it anywhere you want. The government has listed out designated areas where you can buy property as an expat.
    • Moreover, you must purchase government-approved real estate developers and agents.
    • You will be solely responsible for carrying out the repair or damage of the property.
    • The final point is the cost factor.

    Hope This article helps to buy property in Dubai for good investment more good options in Dubai please register your interest.

      Conclusion

      Now that you know what is a freehold property, it is necessary to weigh the pros and cons and make the ultimate decision of investment.

      Freehold areas in Dubai for expats

      APARTMENTS AND VILLAS

      Al Barari

      Al Furjan

      Al Khail Heights

      Al Warsan

      DAMAC Hills (Akoya by DAMAC)

      Dubai Festival City

      Dubai Hills

      Dubai Silicon Oasis

      Dubai South Dubai Sports City

      Dubai Waterfront

      Dubailand International

      City Jumeirah

      Jumeirah Golf Estates

      Jumeirah Village Circle

      Jumeirah Village Triangle

      Meydan City

      Mohammed Bin Rashid City

      Motor City

      Mudon

      Palm Jumeirah

      The World Islands

      Tilal Al Ghaf

      Town Square

      Wadi Al Safa 2

      VILLAS

      Arabian Ranches

      Arabian Ranches 2

      Arabian Ranches 3

      Emirates Hills

      Jumeirah Islands

      Jumeirah Park Reem

      The Lakes

      The Meadows

      The Springs

      The Sustainable City

      The Villa

       

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      APARTMENTS

      Arjan

      Barsha Heights

      Bluewaters Island

      Business Bay

      Culture Village

      Discovery Gardens

      Downtown Dubai

      Dubai Creek Harbour

      Dubai Harbour

      Dubai International Financial Centre

      Dubai Investment Park

      Dubai Marina

      Dubai Production City

      Dubai Residence Complex (Dubailand)

      Dubai Science Park

      Dubai Studio City

      Jumeirah Beach Residence

      Jumeirah Heights

      Jumeirah Lake Towers

      Liwan

      Mirdif Hills

      Mirdif Tulip

      Old Town

      Park Gate Residences

      Remraam

      The Greens

      The Views

       

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      Best freehold properties in Dubai Damac Aykon City offers studio and apartments.