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Dubai allows foreign freehold property ownership in key areas, aiming to boost real estate investment.
The Dubai Land Department (DLD) announced that property owners in parts of Sheikh Zayed Road and Al Jaddaf can now convert their properties to freehold ownership, allowing full control to all nationalities.
This initiative covers 457 plots and aims to boost property values and attract real estate investments, aligning with Dubai's Real Estate Strategy 2033.
Owners can convert by applying and paying a fee.
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Dubai permite la propiedad de bienes raíces extranjeros en áreas clave, con el objetivo de impulsar la inversión inmobiliaria.