Dubai’s Freehold Property Market: Opportunities for Foreign Buyers

Over the years Dubai has become a top choice for tourists and entrepreneurs. This may be the reason for the continuous growth of Dubai real estate as it tries to accommodate the growing demand for residential and commercial properties.

Dubai’s freehold property market offers several opportunities for foreign buyers. If you’re considering buying property for sale in Dubai, here are some of the benefits you can enjoy:

  1. Full ownership rights
    Foreign buyers who purchase freehold property in Dubai have full ownership rights, including the right to sell, lease, or bequeath the property. This is a significant advantage over leasehold property, where ownership rights are limited.
  2. Long-term investment
    Freehold properties and villas for sale in Dubai can be long-term investments. The Dubai property market has been on a bull run in recent years, and there is potential for further capital appreciation in the future.
  3. Attractive returns
    The rental yields on freehold property and townhouses for sale in Dubai are generally higher than those on leasehold property. This is because there is a high demand for rental accommodation in Dubai, and freehold property is more attractive to tenants.

Comments

Post a Comment

Popular posts from this blog

Freehold Vs Leasehold Property In Dubai – All You Need To Know

Image
  If you’re planning to invest in   real estate Dubai , it’s best to know and understand the different types of properties that you can acquire. Knowing the difference, no matter how simple can help you decide on which type of property is more suitable for your intended purpose. What types of property can foreigners acquire? Foreigners and ex-pats may acquire properties in designated areas in Dubai. They may opt to buy a leasehold property or a  freehold property Dubai . Leasehold properties Buying a property on a leasehold basis will allow you to obtain property rights for a fixed term, a maximum of 99 years. However, if you do not buy the property’s land, the ownership will remain with the freeholder What are the pros and cons of buying a leasehold property? Advantages Since ex-pats and foreigners in Dubai are not permitted to own properties on freehold in non-designated areas, buying properties on leasehold provides more options regarding the price and area selection. ...
Read more

Dubai Metro Celebrates 10 Years

Image
It seems like it was just yesterday when the Dubai Metro first opened its doors to the public. Now, this year marks its tenth anniversary. Looking back, as one of the most ambitious projects in UAE’s transport system, it has boosted the country’s economy, increased the value of  Dubai properties , and supported sustainable growth throughout the past decade. Dubai Metro was launched on the memorable day of September 9, 2009 (9/9/9), Wednesday, at exactly 09:09:09 PM. It was headed by Dubai Roads and Transport Authority (RTA). As a special government project, The Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, graced and inaugurated the Dubai Metro, which signals a new era of the UAE’s unstoppable economic prosperity. Initially, Dubai Metro started with the Red Line , which runs from Jebel Ali to Rashidiya. It spans over 52km with 29 stations. Four of them are located underground, 24 are elevated, and one is o...
Read more

Are Apartments Still A Good Investment?

Image
Do you want to buy an apartment in Dubai? Do you wonder whether this will be a good investment or not? Are you worried that you might end up losing more rather gaining something? If yes, then make a sure investment by considering the properties featured on this post. Get to see a list of apartments for sale below and in the process, you will learn why these apartments are a good investment. Fully Furnished Studio in Liberty House DIFC Located in Dubai International Financial Centre, this apartment is strategically located in the heart of the city. Liberty House has 42 floors and it consists of high-end offices and luxury residential units. It’s a great investment because it is already fully furnished. It comes with king-size beds, love-seat-sofa, coffee table, side table, full-length mirror, reading desk, and a lot more. A balcony is available for you to enjoy the city’s skyline. More importantly it is one of the most sought after areas in Dubai and will hardly lose any ...
Read more