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Home: Living Here: Freehold Property in the United Arab Emirates

Expats living in the United Arab Emirates (UAE) and in other countries of the Gulf (Saudi Arabia, Qatar, Kuwait, Bahrain, Oman) were previously only permitted to rent property. Then Dubai, one of the seven emirates of the UAE, opened its arms to freehold property in 2002, which has changed the real estate industry in the region.

In the United Arab Emirates, the emirates of Dubai, Ras Al Khaimah and Ajman have opened their doors to allowing expats to buy and own property. Below are details of what each of the emirates are doing.

Dubai Real Estate for Sale
Being the first emirate to begin freehold property, Dubai has a vast amount of freehold real estate projects underway, and the largest ones being the man-made The Palm and The World islands. More detailed information can be found here about freehold property in Dubai, and a here are Dubai freehold properties.

Ras Al Khaimah (RAK) Freehold Property
Ras Al Khaimah is the second Emirate to get into the freehold property scene in the United Arab Emirates. The free-hold property, Al Hamra Village, is located near Al Hamra Island and comprises of around 1,300 residential units, scheduled for completion by 2007. Other Ras Al Khaimah freehold properties include the 50 acre five-star beachfront resort entitled The Cove.

Ajman Freehold Property
It is permitted to purchase land in Ajman and Ajman has also joined the freehold property scene in the UAE. The Al Naeemiya Towers project will comprise of 15 residential apartment buildings with around 470 units located on at the borders of Ajman. A few of these towers have been renamed Pearl Residence Ajman, and the complete project is expected to be completed by the end of 2006. Other Ajman freehold properties include Al Khor Towers, Al Rashidiya Towers, Al Corniche Tower and Al Ameera Village (the Princess Village).

The updated edition of this article can be found on our dedicated real estate section, as the History of Freehold Property in the Emirates.

Useful Links
Real Estate and Property in the UAE - TEN Guide
The Palm Islands - TEN Guide
The World Islands - TEN Guide
Burj Dubai - TEN Guide

 
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