Dubai Introduces Freehold Ownership in Prime Areas: Sheikh Zayed Road and Al Jaddaf
Dubai has once again taken a progressive step to solidify its reputation as a global real estate investment hub. In a groundbreaking initiative launched by the Dubai Land Department (DLD), property owners of all nationalities in Sheikh Zayed Road and Al Jaddaf can now convert their ownership to freehold status. This move opens up unparalleled opportunities for investors, adding value to the city’s thriving real estate sector. Stay Updated, Subscribe our WhatsApp Channel What is Freehold Ownership? Freehold ownership is a property ownership model that provides investors with complete control over both the property and the land it occupies. Unlike leasehold ownership, which grants rights for a fixed term, freehold status offers perpetual ownership, giving investors greater flexibility and long-term security. Areas Covered by the Initiative The initiative focuses on two key areas: Sheikh Zayed Road : Often regarded as the backbone of Dubai, Sheikh Zayed Road is home to iconic...