Variant of ownership title, where the owner acquires ownership of both the land and the buildings located on it for an indefinite period of time (in contrast to the so-called “leasehold”, where only ownership of the building, but not of the land, can be acquired). The title of ownership is registered in the property register at the Dubai Land Department and the real estate ownership is proven by a deed (“Title Deed”).
Furthermore, the freehold areas (“Designated Areas”) are characterized by the fact that in these real estate property can also be acquired by non-GCC citizens. Typical freehold areas are Dubai Marina, Palm Jumeirah and Emirates Living, JLT, Business Bay, Downtown Dubai, Dubai Creek Harbour and virtually all communities in Dubai Land. These again include Arabian Ranches, Jumeirah Golf Estates, Mudon, Dubai Sports City, IMPZ, The Villa and Villanova (list not exhaustive).