A significant portion of the Dubai coastline is designated for local housing and is owned by UAE nationals. Real estate laws restrict foreign ownership in these specific zones meaning that investors from outside the GCC cannot acquire land or villas…
A significant portion of the Dubai coastline is designated for local housing and is owned by UAE nationals. Real estate laws restrict foreign ownership in these specific zones meaning that investors from outside the GCC cannot acquire land or villas there. This regulatory restriction concentrates foreign investment into specific freehold areas like Dubai Islands or Palm Jumeirah further increasing the competition and value for the limited freehold beachfront inventory available.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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