Dubai was the first emirate of the United Arab Emirates (UAE) to get involved in freehold real estate at a time when the buying and selling of property in Dubai was previously restricted to GCC Nationals. Thanks to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai, the creation of freehold property laws that allow expatriates to purchase properties within certain developments have led to an influx of investment into the Emirate, and have propelled the growth rates of the entire country to extremely high levels. FazWaz.ae offers a comprehensive list of all Dubai freehold property that is currently available, as well as providing all the necessary services required when buying, selling and renting real estate in Dubai.
With a diverse and interesting selection of freehold properties currently available on the market, and more and more developments facing completion each day, the leading freehold property developers of Dubai continue to offer quality properties for residents and overseas investors to purchase.
The purchase of freehold property in Dubai means that the property is put in the owner’s name for life in most cases, with a few developments offering 99-year leases as an alternative. Owners are issued with a contract for their purchased property and, as with buying property in any other country, it is important to read all the details as restrictions may exist concerning renting and maintenance costs. We recommend that any Dubai property investors use legal services when making such an important decision.
Dubai’s population explosion has resulted in large numbers of investors from the world over buying, selling, renting and investing in both residential and commercial property in Dubai, UAE. With huge numbers of new businesses registering in Dubai thanks to the creation of free trade zones. Just as with the various freehold residential developments in Dubai, the government has taken initiative to make Dubai more viable as a business hub and now offers a vast amount of freehold office space within these trade zones such as DIFC and Business Bay. The need for residential space has grown at the same rapid pace as commercial space, meaning demand for property outstrips supply. Whether it is houses, offices, restaurants, showrooms, warehouses or any other type of property, with such high demand to buy freehold properties in Dubai, property rarely stays on the market for any great length of time.
Whether you are looking to buy, sell or rent residential and commercial property in Dubai, we have an extensive number of property listings on our books, and all of our staff are ready and waiting to assist you. Our professional staff have access to information on available Dubai freehold properties to suit your individual wants and needs, excellent local knowledge of the Dubai property market and will be glad to offer further advice on financing and legal matters. The Dubai freehold property market is the ideal place to buy a property for investment purposes, to rent in Dubai, or to keep as a home, and fazwaz.ae aims to help make such a big decision like buying a property that little bit easier.