Real estate investment in Dubai: A journey through the most popular freehold areas

05.08.2022

Freehold areas in Dubai

Numerous investors are attracted to Dubai by the stable economy, advanced infrastructure and profitable investment opportunities with high returns. However, foreign investors can only acquire full ownership rights to real estate in the so-called “freehold areas”. These areas were opened to foreign buyers in 2002 following a decree by the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. In these freehold areas, foreign nationals can own and use properties without restrictions for personal and investment purposes, unlike leasehold zones where properties can be leased for 99 years. It should be noted that Freehold Areas should not be confused with Free Zones, where companies can be wholly foreign owned and enjoy tax benefits.

 

The best freehold areas for apartments

  • Arjan: A part of Dubai developed by Dubai Properties Group and conveniently located on two main roads, offering 1 to 3 bedroom apartments.

  • Barsha Heights: A business hub once known as TECOM offers diverse residential options, including luxury penthouses.

  • Bluewaters Island: A coastal area near JBR, known for attractions such as Ain Dubai and Madame Tussauds.

  • Business Bay: A centrally located neighborhood that is popular with business professionals and offers a variety of residential options.

  • Culture Village: An artsy neighborhood that combines tradition and modernity. Here you will find art galleries and theaters along the picturesque Dubai Creek.

  • Discovery Gardens: A green oasis with family-friendly residential communities, close to major business centers, ideal for a quiet but central lifestyle.

  • Downtown Dubai: Home to world-famous attractions such as the Dubai Mall and Burj Khalifa, Dubai’s central neighborhood offers a wide range of residential options.

  • Dubai Creek Harbour: A futuristic waterfront complex that offers a harmonious blend of nature and luxury living, with breathtaking views of the Dubai Creek Tower.

  • Dubai International Financial Centre (DIFC): The financial heart of Dubai, known for its modern architecture and as the home of numerous international companies and luxury restaurants. A vibrant center for business and lifestyle.

  • Dubai Investment Park (DIP): A diverse business and residential district offering an integrated environment for businesses and residents, surrounded by green landscapes and state-of-the-art facilities.

  • Dubai Production City: A hub for the media and production industry, providing space for studios and offices to foster innovation and creativity.

  • Dubai Residence Complex: A residential complex that offers a tranquil and comfortable living environment, ideal for families and individuals seeking a balanced life.

  • Dubai Science Park: A dynamic location for science and technology businesses that encourages innovation and provides opportunities for research and development.

  • Dubai Studio City: A specialized location for the film and broadcasting industry, equipped with state-of-the-art infrastructure and facilities to support the production of world-class media content.

  • Jumeirah Beach Residence (JBR): Known for its luxurious facilities, this area offers high-end real estate options with an extensive list of amenities.

  • Jumeirah Heights: An exclusive residential area that offers a mix of urban and tranquil lifestyle, surrounded by picturesque lakes and modern amenities.

  • Jumeirah Lake Towers (JLT): A dynamic high-rise neighborhood known for its impressive skyscrapers, lakes and a variety of restaurants and stores.

  • Liwan: A quiet residential area with a selection of affordable housing options, characterized by its landscaped green spaces and family-friendly atmosphere.

  • Mirdif Hills: A family-friendly residential area that combines modern residential complexes with a touch of nature, ideal for those looking for a quiet life close to the city.

  • Old Town Dubai: A historic neighborhood that preserves Dubai’s traditional architecture and offers an authentic Arabian ambience with narrow alleys, souks and traditional boutiques.

  • Park Gate Residences: An exclusive residential complex characterized by its high-quality facilities, green parks and proximity to major transport hubs.

  • Remraam: A quiet and secluded residential area offering affordable housing options surrounded by extensive green spaces, ideal for families and young couples.

  • The Greens: A well-established residential neighborhood characterized by its modern amenities, landscaped gardens and community atmosphere.

  • The Views: A luxurious neighborhood with stunning views of the surrounding waterways and green spaces, offering a wide range of modern living options and first-class amenities.

 

The best freehold areas for apartments and villas

  • Dubai Marina: A prestigious area that offers a variety of real estate options, from studios to villas.
  • Al Barari: Known for its lush gardens and man-made lakes, it offers a range of luxury properties, including magnificent villas.
  • Al Furjan: A vibrant residential area that combines modern living solutions with communal facilities, ideal for families.
  • Al Warsan: An up-and-coming neighborhood offering a mix of residential and commercial properties, with easy access to major roads.
  • DAMAC Hills: This luxury residential development in Dubailand offers a golf course and a wide range of real estate options.
  • Dubai Festival City: An integrated waterfront community offering a mix of retail, entertainment and residential options in a vibrant environment.
  • Dubai Hills Estate: A high-end off-plan residential development offering a wide range of real estate options, from apartments to villas.
  • Dubai Silicon Oasis: A technologically advanced neighborhood known as a high-tech ecosystem, offering both residential and commercial opportunities.
  • Dubai South: Offers a range of high-end residential options, including 2-5 bedroom studios and villas, close to Al Maktoum International Airport.
  • Dubai Sports City: A dynamic community offering a mix of sporting facilities, residential developments and entertainment options.
  • Dubai Waterfront: An opulent waterfront area offering luxurious living options with breathtaking views and state-of-the-art amenities.
  • International City: A popular residential area known for its multicultural charm and variety of available real estate options.
  • Jumeirah: An upscale residential area known for its luxurious villas, beaches and high-class facilities.
  • Jumeirah Golf Estates: An exclusive community characterized by its world-class golf courses, luxurious residences and high-end amenities.
  • Jumeirah Village Circle: A family-friendly neighborhood that offers a blend of traditional and modern living styles, surrounded by green spaces and parks.
  • Jumeirah Village Triangle: A tranquil residential area known for its landscaped parks and affordable housing options.
  • Meydan City: A modern residential area characterized by its proximity to famous landmarks, luxurious living options and world-class amenities.
  • MBR City: A luxurious neighborhood that offers a mix of modern apartments, villas and high-class facilities, surrounded by lush green spaces and waterways.
  • Motor City: A vibrant community characterized by its thematic focus on motorsports and a variety of recreational facilities.
  • Mudon: A family-friendly community that offers a tranquil environment with a variety of modern living options and amenities.
  • Palm Jumeirah: An iconic man-made island known for its luxurious villas, five-star hotels and breathtaking views of the Persian Gulf.
  • Town Square: A modern community characterized by its affordable housing options, shopping malls and family-friendly amenities.

 

The best freehold areas for villas

  • Arabian Ranches: An exclusive residential area known for its tranquil surroundings, luxurious villas and world-class leisure facilities, including a golf course.

  • Emirates Hills: One of the most prestigious residential areas in Dubai, characterized by its luxurious villas, world-class golf courses and breathtaking views.

  • Jumeirah Islands: An upscale residential development consisting of a series of man-made islands with luxurious villas and picturesque waterways.

  • Jumeirah Park: A family-friendly residential area characterized by its spacious villas, green parks and communal areas.

  • Reem: A modern community characterized by its affordable prices, cosy townhouses and diverse leisure facilities.

  • Meadows: A popular residential area characterized by its tranquil surroundings, spacious villas and landscaped gardens.

  • The Villa: A tranquil and family-friendly community characterized by its spacious villas, leafy avenues and quality amenities.

  • Tilal Al Ghaf: An upcoming community characterized by its sustainable development, luxurious homes and recreational facilities amidst natural surroundings.

 

Conclusion

In Dubai, owners can acquire 100% rights to their properties through the freehold title, which allows them to sell, rent or bequeath them. The Dubai government has designated certain zones as freehold areas and there are moves to expand these areas to attract further foreign investment. These freehold areas offer attractive opportunities and conditions for the purchase of different types of properties.

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