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.

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:

To get Good investment option In Dubai just register your Interest.

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.

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

 

list of freehold areas in Dubai 2022

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

 

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