Dubai Freehold
Property is a leading international real estate agency offering an array of freehold
properties in Dubai and other parts of Middle East &
Asia. We have a huge inventory of
free hold
properties offering 100% ownership. With
head office in the
UK and direct links with major
property developers in
Dubai, we can offer you the best
freehold investment properties. Buying
residential and
commercial properties through us means
we won't charge you any fees
such as brokerage or commission on sale of property
developments.
We are
an appointed Sales Agent for
DAMAC Properties (Dubai's
largest private sector real estate developer),
Profile Properties
(Nakheel) and Tameer, and as an independent company we will
always give
you impartial advice on
buying property in Dubai.
Contact Us for
full details on freehold properties.
It is more
suitable for residential purposes – however they also have
very good potential as generally, they are not far from
the
free zone areas. The
Freehold zones do not offer the
above corporate benefits, though. You will have full ownership
of your freehold property in Dubai with residence visa,
but will not be able to work or set up a business under
this visa.
The
Free
Zones in Dubai have been set up with the specific purpose
of facilitating investment. Accordingly, the procedures
for investing in the freehold zones are relatively simple.
While
Dubai free zones are designed to complement and contribute
to Dubai's growth and development, their legal status is
quite distinct. Companies operating in
Dubai Free Zones
are treated as being offshore or outside the United Arab
Emirate (UAE) for legal purposes.
The option of
setting up in the free zones is therefore
most suitable for companies intending to use Dubai as a
regional manufacturing or distribution base and where most
or all of their turnover is going to be outside the United
Arab Emirates (UAE).
Freedom
from corporate taxation, as applied throughout
Dubai, with the added bonus of a renewable 15 year
guarantee in the free zone
Abundant
inexpensive energy
Simple and
efficient recruitment procedures ensuring the
availability of a competitive skilled and
experienced workforce
A high level of administrative support from the free
zone authorities.
Without
a doubt, the free zone areas are the best ones to
invest
in Dubai as there will be more demand, particularly employees
who will want to live and work in the same area or companies
interested to acquire fixed assets.
Dubai promises
to be the destination for intelligent property investors.
With some of the most breathtaking buildings and prestigious
projects, Dubai is rich with every conceivable contemporary
comfort. Bearing every facet of a truly ‘designer’ city,
Dubai boasts of a lifestyle that is unique, yet desirable.
A bustling metropolis, with towering skyscrapers and quiet
boutique offices, Dubai is clearly the business hub and
commercial capital of the region. With world-class shopping
malls, restaurants, cafes and entertainment facilities,
Dubai is the city of the future and a heaven on earth..
Some of the major property developers in UAE are DAMAC, Tameer, Emaar, Profile,
Dubai Properties, Nakheel, Deyaar,
Aldar etc.
Search for apartments and villas for
rent & short let in Dubai:
AME INFO
NEWS
Marina Square Units to be handed over post Ramadan
The master developer of Abu Dhabi's Reem Island, Tamouh Investments has said it will start handing over its Abu Dhabi-based Marina Square project to end buyers after the Holy month of Ramadan. "The first phase of Marina Square is getting prepped up for handover to end-users, with over 3,440 residential units set to be added to Abu Dhabi's inventory. The final stage of approvals on services such as water, electricity and other utilities is expected to come through in the next few weeks," Joe Ong, managing director of Tamouh said. Spread over an area of 66 acres, the mixed-use development incorporates residential, commercial and retail components over a built-up space of more than 827,000 sq m.
Dubai office rents fall 17% in Q2
According to a report by CB Richard Ellis, office rents in Dubai had dropped by as much as 17% in the second quarter, as new supply put pressure on landlords, Bloomberg has reported. Office supply is increasing by about 5% per quarter in Dubai, mainly in areas including Port Saeed, Al Mamzar, Airport Road and Diyafa Street, according to CBRE. About 240,000 square metres of commercial space became available in areas such as Al Barsha, Tecom C and Jumeirah Lakes Towers, Matthew Green, head of UAE research at CBRE, said in the report. Rates at the Dubai International Financial Centre dropped by 7.5% to Dhs3,982 ($1,084) a square meter when offered by DIFC authority and Dhs2,690 to Dhs3,014 when offered by private developers, the report said.
Dubai's DSI wins four new contracts
Dubai-based Drake & Scull International said it has won four new contracts in Kuwait, Qatar and Oman. The company said the four new projects had a combined value of Dhs80m ($21.8m), but did not break down the value of individual awards. The projects are the Immigration General Directorate Building in Farwaniya, Kuwait; the Arabilla Tourist and Entertainment Complex in Salmiya, Kuwait, a commercial development in Oman; and the Emergency and Safety College in Qatar. The awards bring the total value of projects awarded to DSI from the beginning of the year to Dhs2.5bn compared to Dhs1.5bn for the same period last year, the company said in a statement.
Sodic bids for land in Cairo suburb
Egyptian real estate firm Sodic has said it had bid for 426 acres in the Cairo suburb of Sheikh Zayed City, Reuters has reported. "We are planning to develop this land as an extension to Allegria," CEO Maher Maksoud told the news service. The one-month auction for the land, one of Egypt's largest since 2007, began in late June. Sodic plans to deliver about 300 homes in the upscale Allegria project by the end of 2010 and 600 homes in 2011.
Sorouh posts 79% drop in Q2 profit
Sorouh Real Estate, Abu Dhabi's second-biggest property developer by market value, has reported a 79% decline in second-quarter profit. Net income attributable to owners of the parent dropped to Dhs30.8m ($8.4m) from Dhs148.3m a year earlier, the company said in a statement to the Abu Dhabi bourse.
*Figures
shown above are taken from various sources and should be
considered as a guide only. Rental yield and per square
foot construction costs vary by project
