Freehold Property Areas in Dubai: A Complete Guide
The concept of freehold properties in Dubai is transforming the real estate sector. It allows buyers to directly own the purchased land. They can now exercise full property ownership rights. It means if you buy a freehold property in designated areas, you are purchasing the complete ownership, and you will be able to use it as you desire.
Authorities have introduced this concept to attract foreign investments and allow people to get complete rights over purchased real estate. There are some specific areas where expats can purchase freehold properties. People who are interested in properties where they can exercise complete ownership rights should give it a read to learn about areas where they can consider buying a freehold property.
Many options are available for prospective homeowners and savvy investors in this busy metropolis. Let’s go on this exciting journey together!
List of Freehold Areas in Dubai
If you’re in the market for a freehold property area in Dubai, there are numerous locations to choose from like:
- Arjan
- Barsha Heights
- Bluewater Island
- Business Bay
- Discovery Gardens
- Downtown Dubai
- Dubai Creek Harbour
- Dubai Harbour
- Dubai International Financial Centre
- Dubai Investment Park
- Dubai Marina
- Dubai Silicon Oasis
- Dubai South
- Dubai Sports City
- Dubai Studio City
- Dubai World Central
- Palm Jumeriah
- Falcon City
- Arabian Ranches 2
- Blue Water Island
- Layan Community
- Sky Court Towers
- Meadows
- Remraan
Arjan
Among the newest freehold property areas is Arjan, conveniently located at the crossroads of Al Qudra Road and Sheikh Mohammed Bin Zayed Road. Here, you’ll find a range of apartment sizes, from studios to three-bedroom units. A studio apartment in Arjan can be had for around AED 459k, while a 2-bedroom apartment may cost up to AED 1.2M.
Barsha Heights
Barsha Heights, once known as TECOM, is another vibrant neighborhood with a mix of commercial and residential freehold properties. Two-bedroom apartments can be found for around AED 1.12M, while studios go for an average of AED 533K.
Bluewaters Island
Bluewaters Island is a popular attraction and is home to the Ain Dubai Ferris Wheel, as well as stylish freehold apartments with one to four bedrooms. Remember that a one-bedroom apartment on Bluewaters Island will set you back about AED 3.2M. On average, a two or three-bedroom flat in Dubai will cost AED 5.2M or AED 8.9M.
Business Bay
Business Bay is a dynamic and rapidly developing area which is located in the heart of Dubai. It has been designed in a way that fulfills the needs of professionals, business enthusiasts, investors and tourists. Its striking architecture, matchless views, and pivotal location make it an important area in which to buy real estate.
Discovery Gardens
Located at a strategic location, this particular community is known because of its ample living places and spacious apartments. It can be easily accessed from other iconic places. People who seek affordable living should consider purchasing freehold real estate in Discovery Gardens.
Downtown Dubai
Downtown Dubai, home to the iconic Burj Khalifa and Dubai Mall, is a sought-after location with an extensive portfolio of luxury freehold apartments. Studio apartments here cost around AED 1.3M, while one and two-bedroom flats range from AED 1.8M to AED 3.4M, making it a popular choice for investors and renters.
Dubai Creek Harbour
It is called a beautiful blend of innovation, luxury and sustainability. Its visionary structure accommodates modern requirements in a unique way. From breathtaking views to waterfront living to exceptional development, everything is a part of Dubai Creek Harbour, making it everyoneโs desired place to live.
Dubai Harbour: Luxury Waterfront Living
Meraas Holding’s Dubai Harbour offers marinas, luxury hotels, observation decks, and apartments, with a 1-bedroom unit averaging AED 2.4M and a 2-bedroom flat costing about AED 4.1M.
Dubai International Financial Centre (DIFC)
The Dubai International Financial Centre (DIFC) is a leading financial hub in the Middle East, South Asia, and Africa, with residential towers and studio and 1-bedroom flats for sale averaging AED 1 million and AED 1.6 million, respectively.
Dubai Investment Park (DIP)
Dubai Investment Park (DIP) offers freehold properties ranging from studios to 3-bedroom apartments, with studio apartments starting at AED 266k, one-bedroom units at AED 400k, and two-bedroom apartments at AED 586k.
Dubai Marina
It is one of the most sought-after locations in Dubai. It is a luxurious waterfront community and is deemed a place of high-end developments. Located adjacent to Palm Jumeirah, this community offers peerless investment options. Also, it offers a luxurious cum sophisticated lifestyle.
Dubai Silicon Oasis (DSO)
Dubai Silicon Oasis, a thriving technology park, offers freehold apartments focusing on intelligent living. Studio apartments in DSO start at AED 310k, 1-bedroom units at AED 440k, and 2-bedroom flats at AED 710k.
Dubai South
Dubai South is the future hub of Dubai, offering freehold properties near the Expo 2020 site, with studio apartments costing AED 340k, 1-bedroom units costing AED 500k, and 2-bedroom flats costing AED 700k.
Dubai Sports City
Dubai Sports City is a freehold community which offers both residential and commercial investment options. Nestled within a vibrant metropolis, this community embodies the idea of advanced community living.ย
Dubai Studio City
Dubai Studio City primarily offers freehold properties in studio and one-bedroom configurations, with a studio apartment starting at AED 310k and a 1-bedroom unit costing AED 480k.
Dubai World Central (DWC)
Dubai World Central, the city’s aviation hub, offers freehold properties with unbeatable connectivity. You can snag a studio apartment starting at AED 280k, a one-bedroom unit starting at AED 380k, or a two-bedroom apartment starting at AED 580k.
Palm Jumeriah
A man-made wonder shaped like a palm tree and stretching into the sparkling depths of the Arabian Gulf, this is the place where the spectrum of luxury extends its boundaries. It offers lavish residences and even private beaches to people who aim to live life to the fullest.
Falcon City
An ambitious residential destination that extends immersive experience to its residents and visitors. It is purposely designed to meet the high-end needs of people and make them satisfied with their lifestyle.
Arabian Ranches 2
It is the continuation of Arabian Ranches. It is a hub of the state of the art amenities and a peaceful yet deluxe living environment. Besides quality lifestyle, it offers a variety of housing options, facilitating people in seeking their desired and affordable yet stylish place to live.
Bluewater Islands
An outstanding island featuring the concept of a dream life. From penthouses to apartments to townhouses, every option is there. Above that, stunning views of the Arabian Gulf add to the beauty and attraction of this island.
Layan Community
A serene residential development, Layan also comes in the list of freehold properties. This community is dotted with parks and green spaces, allowing its residents an eco-friendly environment to breathe.
Sky Court Towers
It is also a freehold property. People from Dubai and abroad can have complete ownership rights. It is one of the best places that offer a comfortable yet deluxe lifestyle, allowing people to experience the serenity and beauty of life.
Meadows
If you seek a serene and picturesque residential community, then Meadows is the one. It is deemed a highly sought-after place for enthusiastic people, enabling them to materialize their dreams.
Remraan
Located away from the hustle and bustle of central Dubai, Ramraan is considered a picture of heavenly lifestyle. It is a community where you will experience ultimate peace, comfort, luxury and countless facilities and amenities.
Dubai’s Other Freehold Areas
But that’s not all โ Dubai has plenty of other freehold communities to choose from, including Dubai Hills Estate, Jumeirah Beach Residence (JBR), Jumeirah Lakes Towers (JLT), and Dubai Investment Park (DIP). With such a diverse selection of properties, there’s something to fit every budget and preference.
Benefits Of Owning A Freehold Property:
- A buyer will have full and absolute ownership of a purchased property. He will be able to exercise his will and use it as he desires.
- Having a freehold property in Dubai offers a sense of pride and fulfillment.
- The value of freehold property appreciates over time, making it a long-term investment
- A freehold property can also be passed down to rightful heirs.
- A buyer will not have to pay any annual charges.
- He can use it as per his desire under the stipulated rules without any interference from any authority.
- You can sell it whenever you want without getting any permission from any department.
Conclusion
Whether you’re looking for luxury waterfront living, affordable apartments, or a strategic investment opportunity, Dubai has it all. To make the best decision for your needs, conduct extensive research, consult real estate experts, and evaluate your financial goals.
At KElt&Co., we’re here to help you find your dream home in Dubai. Our team of experts redefines excellence in the real estate industry, whether you’re looking to invest in luxury properties or explore rental options. With KElt&Co. โ Where Luxury Meets Exceptional Service. Itโs time to reach the pinnacle of real estate success.
FAQโs
Where are the freehold zones in Dubai?ย
Freehold zones in Dubai include areas like Dubai Marina, Palm Jumeirah, and Jumeirah Lakes Towers, among others
Does Dubai have freehold property?ย
Dubai indeed has freehold property ownership, which allows non-UAE nationals to own property outright
What is freehold property in Dubai?ย
Freehold property in Dubai means that owners have full ownership rights and can sell, lease or mortgage the property without restrictions
Is DIFC a freehold area?ย
Yes, the DIFC (Dubai International Financial Centre) is a freehold region where foreign nationals can own property.