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Freehold property refers to the type of property purchase where the buyer owns the plot and the unit. He/She is the landowner and has the title deed under his name. An heir can inherit a freehold property from the title deed holder. The owner of a freehold property is entitled to lease, occupy or sell the property. The owner can use the property for any purpose as long as it is by the local rules and regulations.
Freehold properties were introduced here to encourage foreign investment in Dubai, and the most popular freehold areas for expats to purchase property include Dubai Marina, Emirates Hills, Al Barsha, and Palm Jumeirah.
Once all the required documents are in order, registering a sale takes an average of 30 minutes.
When buying a freehold property in Dubai, the following documents are required:
A Valid Passport
Emirates ID (if a resident of UAE)
Reservation Form
A credit card form as well if paying with a card (usually for international clients)
A filled-in CIF, i.e. Customer Information Form (in some cases)
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Dubai is a cosmopolitan city full of the world’s first – first tallest building, the biggest man-made islands and most importantly, an extravagant lifestyle. Living in Dubai feels like living in the middle of everything. This city has mind-blowing experiences to offer every day and is buzzing with festivals and events throughout the year. From its warm beaches and luxurious hotels to mesmerising desert and heritage, the Emirate is full of compelling attractions.
Dubai’s well-established real estate market has gained the trust of many investors and instilled confidence in entrepreneurs who are looking to make it big in this city. Among various alternatives, off-plan properties are gaining massive attention when it comes to making a fruitful investment.
Dubai is a cosmopolitan city full of the world’s first – first tallest building, the biggest man-made islands and most importantly, an extravagant lifestyle. Living in Dubai feels like living in the middle of everything. This city has mind-blowing experiences to offer every day and is buzzing with festivals and events throughout the year. From its warm beaches and luxurious hotels to mesmerising desert and heritage, the Emirate is full of compelling attractions.
Dubai’s well-established real estate market has gained the trust of many investors and instilled confidence in entrepreneurs who are looking to make it big in this city. Among various alternatives, off-plan properties are gaining massive attention when it comes to making a fruitful investment.
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