Abu Dhabi grants foreigners freehold titles

AldarForeigners can now own property in Abu Dhabi on a freehold basis in designated investment zones, the emirate announced in mid-January, seeking to attract more investors to its real estate sector. Residential units in the zones will be registered under Abu Dhabi’s freehold law, with property ownership deeds issued to investors, a statement from the Abu Dhabi Municipality said.

Previously, foreign investors in Abu Dhabi property were generally limited to leasehold arrangements with 99-year leases. The brief statement did not give details of the freehold arrangement or explain exactly how it differed from other property rights in Abu Dhabi, or from freehold rights abroad.

Abu Dhabi has designated areas for property investment by foreigners. Some of the zones are being developed by majority state-owned Aldar Properties, the largest developer in the emirate.

“This marks the launch of a very important phase in the development of the real estate market in Abu Dhabi, a phase which presents us with new opportunities for growth and development offered by Abu Dhabi’s economy,” Abubaker Seddiq Al Khoori, chairman of Aldar, said in the statement.

“We believe in Aldar Properties that attracting long-term foreign investors will bring great benefits to Abu Dhabi in particular and to the UAE in general so that we can continue our path of construction and development.”

In November 2013, Abu Dhabi scrapped a 5 per cent cap on annual rent increases.



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Foreigners can now own property in Abu Dhabi on a freehold basis in designated investment zones, the emirate announced in mid-January, seeking to attract more investors to its real estate sector. Residential units in the zones will be registered under Abu Dhabi's freehold law, with property ownership deeds issued to investors, a statement from the Abu Dhabi Municipality said. Previously, foreign investors in Abu Dhabi property were generally limited to leasehold arrangements with 99-year leases. The brief statement did not give details of the freehold arrangement or explain exactly how it differed from other property rights in Abu Dhabi, or...

AldarForeigners can now own property in Abu Dhabi on a freehold basis in designated investment zones, the emirate announced in mid-January, seeking to attract more investors to its real estate sector. Residential units in the zones will be registered under Abu Dhabi’s freehold law, with property ownership deeds issued to investors, a statement from the Abu Dhabi Municipality said.

Previously, foreign investors in Abu Dhabi property were generally limited to leasehold arrangements with 99-year leases. The brief statement did not give details of the freehold arrangement or explain exactly how it differed from other property rights in Abu Dhabi, or from freehold rights abroad.

Abu Dhabi has designated areas for property investment by foreigners. Some of the zones are being developed by majority state-owned Aldar Properties, the largest developer in the emirate.

“This marks the launch of a very important phase in the development of the real estate market in Abu Dhabi, a phase which presents us with new opportunities for growth and development offered by Abu Dhabi’s economy,” Abubaker Seddiq Al Khoori, chairman of Aldar, said in the statement.

“We believe in Aldar Properties that attracting long-term foreign investors will bring great benefits to Abu Dhabi in particular and to the UAE in general so that we can continue our path of construction and development.”

In November 2013, Abu Dhabi scrapped a 5 per cent cap on annual rent increases.



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Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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