Leasehold (Leasehold)

Variant of real estate purchase in Dubai in which the leaseholder acquires ownership of the real estate (buildings), but not the associated land. Typical leasehold terms in Dubai vary between ten and 99 years. A leasehold title can generally be transferred (e.g. by sale or inheritance) for the remaining term of the lease. The leasehold title is registered in the property register at the Dubai Land Department and shown on the title document (“Title Deed”).