People from other countries can buy houses and other buildings in Dubai. Dubai has rules that let people who are not from the United Arab Emirates (UAE) buy property in certain parts of the city. These parts are called "freehold" areas, and in these areas, foreigners can own property completely. In some other areas, foreigners can buy property with an agreement that lets them use it for a long time, usually 99 years.
Dubai wants people from other countries to invest in their buildings and land. They have made it easier for people who are not from Dubai to own property there. But it's important to remember that the rules and laws about owning property can change. So if you are thinking about buying property in Dubai, it's a good idea to talk to experts in the law and real estate or people who work for the government to get the most recent information and advice.
In Dubai, when it comes to owning property, there are two main types: leasehold and freehold. The difference between them is how long you own the property and what you can do with it.
Freehold property means that you own the land and the building on it forever. It's like having a toy that you can keep and play with for as long as you want.
When you own a freehold property in Dubai, it means you own it forever and can do whatever you want with it. You can use it, rent it out, sell it, or give it to someone when you pass away. You can also make changes to the property as long as it follows the rules. Freehold properties are only available in certain areas where foreigners can own property completely. Leasehold properties are different. When you have a leasehold property, it means you only own it for a certain amount of time. After that time is up, the property goes back to the original owner.
Leasehold properties in Dubai are like renting a house for a really long time, usually 99 years. When you have a leasehold property, you can use and take care of it, but you don't actually own the land it's on. After the lease is over, the land usually goes back to the person who owns it, unless the lease is renewed. Leasehold properties are not as common as owning a house, and you usually find them in places where you can't own a house or where it's a special arrangement. It's important to know what kind of property you're buying in Dubai because it affects your rights and how long you can keep the property. It's a good idea to talk to a real estate expert and understand the rules before making any decisions about buying property.
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Sergio Bugrin
Dubai Real Estate Specialist
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