Abu Dhabi approves new property ownership rules for foreigners


Abu Dhabi has announced a major update to its real estate law, allowing foreigners to own freehold land and property in certain investment zones.

Previously, this was only permitted for Emiratis and GCC nationals.

As part of the latest changes, residential units in designated investment areas will be registered under Abu Dhabi's freehold law, with property ownership deeds issued to investors.

It’s billed as a game-changing announcement as foreign investors in the UAE capital were largely restricted to 99-year leases in the past.

More from Business

Coming Up on Dubai Eye

  • The Agenda with Tom Urquhart

    10:00am - 1:00pm

    Your chance to have your say and debate the issues you love or loathe. It’s the chance to set The Agenda on the big topics of the day.

  • The Music Mix

    1:00pm - 2:00pm

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

On Dubai Eye

  • Pets & Vets Live

    To celebrate World Pet Day on Friday 4th October, Dubai Eye 103.8 and The Dubai Pet Shop brings you Pets and Vets Live.

  • Make amazing Hummus on Farmer's Kitchen

    This week's episode is all about grazing and sharing and we create 3 incredible dishes with Chef Andre Gerschel.