Dubai, a global investment hub, offers a diverse real estate portfolio catering to a range of budgets. The city’s appeal soared after opening its property market to foreign investors, with designated freehold areas. This very aspect, Dubai’s freehold landscape, is what we’ll be exploring in detail. Here, we’ll delve into these freehold communities, offering apartments, villas, or a mix of both, to help you find your dream home in Dubai.
For a comprehensive overview, check Dubai’s official freehold areas map [link to Dubai’s freehold areas map] and discover the exciting developments across the city. In 2023 alone, over 19,000 apartments were sold, generating significant revenue. Let’s delve into specific freehold areas, including those with leasehold options for GCC investors and Emirati citizens. We’ll also highlight pocket-friendly neighborhoods for budget-conscious buyers.
Now, let’s dive into some popular Dubai’s Landscape communities:
Exploring Affordable Dubai’s Landscape Options:
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- Discovery Gardens: Close to the popular Ibn Battuta Mall, Discovery Gardens offers a budget-friendly option with studio, 1-bedroom, and 2-bedroom units. Studio prices start from AED 451k, with 1-bedroom apartments costing around AED 686k.
Transitioning to Mid-Range Freehold Communities:
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- Arjan: Situated at the junction of Al Qudra Road and Sheikh Mohammed Bin Zayed Road, Arjan offers freehold apartments ranging from studios to spacious 3-bedroom flats. Studio flats average AED 567k, while 1-bedroom units go up to AED 935k. If you’re looking for more space, 2-bedroom flats cost around AED 1.4M.
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- Barsha Heights: Formerly known as TECOM, Barsha Heights offers a vibrant mix of residential and commercial units, with freehold properties available. Studio flats start at AED 730k, while 1-bedroom units go up to AED 932k. Looking for a 2-bedroom apartment? You can find them for approximately AED 1.3M.
Exploring Dubai’s Landscape (luxury freeholds):
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- Bluewaters Island: Home to the iconic Ain Dubai Ferris wheel, Bluewaters Island boasts chic apartments ranging from 1 to 4 bedrooms. Expect to pay an average of AED 3.6M for a 1-bedroom apartment. If you need more space, 2 or 3-bedroom flats are priced at AED 7.5M and AED 11.5M, respectively.
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- Business Bay: Adjacent to the bustling Downtown Dubai, Business Bay is a mixed-use community offering a variety of apartments, from studios to spacious 5-bedroom units. Studio flats start from AED 1.02M, with 1-bedroom flats priced at AED 1.6M. For families, 2-bedroom units average AED 2.6M.
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- Culture Village: An emerging waterfront development, Culture Village offers a selection of luxury residences. Studio flats cost AED 874k, with 1 and 2-bedroom flats averaging AED 1.6M and AED 2M, respectively. If you need even more space, 3-bedroom flats are priced at AED 4.1M.
Additional Dubai’s Landscape Freehold Areas:
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- Downtown Dubai
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- Dubai International Financial Centre (DIFC)
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- Dubai Investment Park (DIP)
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- Dubai Production City (IMPZ)
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- Dubai Residence Complex
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- Dubai Science Park
By exploring these diverse freehold communities, you can find the perfect place to call home in Dubai’s dynamic freehold landscape.
Why Dubai’s freehold landscape ?
Dubai’s freehold landscape is a game-changer, attracting international investment by allowing foreign ownership of properties and the land they sit on. This freehold system, implemented in 2002, transformed the emirate from offering leased properties to granting full ownership rights. With over 60 designated freehold areas, Dubai boasts a diverse range of options, from luxurious beachfront villas in Jumeirah to trendy apartments in Downtown Dubai. This freehold market caters to various budgets and lifestyles, making Dubai a global property hotspot.
