Freehold property refers to the type of property purchase where the buyer owns the plot and the unit. He/She is the landowner and has the title deed under his name. An heir can inherit a freehold property from the title deed holder. The owner of a freehold property is entitled to lease, occupy or sell the property. The owner can use the property for any purpose as long as it is by the local rules and regulations.

Freehold properties were introduced here to encourage foreign investment in Dubai, and the most popular freehold areas for expats to purchase property include Dubai Marina, Emirates Hills, Al Barsha, and Palm Jumeirah.

No, you do not have to pay any tax if you are a resident abroad.

Once all the required documents are in order, registering a sale takes an average of 30 minutes.

When buying a freehold property in Dubai, the following documents are required:
A Valid Passport
Emirates ID (if a resident of UAE)
Reservation Form
A credit card form as well if paying with a card (usually for international clients)
A filled-in CIF, i.e. Customer Information Form (in some cases)

Every tenancy contract must be registered with Ejari. This is the responsibility of the tenant to register the contract. It requires a Signed tenancy contract, Title Deed, SPA, Passport, visa & EID, Copy of the landlord’s passport & Fingerprint.

Freehold means complete ownership of the property by the buyer, who will have his name on the title deed. At the same time, leasehold refers to having the property on lease for more than 10 years and up to 99 years. It cannot be bought completely.

Oqood, which refers to contracts in Arabic, is an online service by Emirates Real Estate Solutions for developers. It helps with the property registration process between the developers and buyers.