• Monday, 22 July 2024
  • Posted By : Vandana Padmadevan

Benefits Of Investing in Freehold Properties

Buying Freehold Properties, the owner possesses ownership rights and has complete control over the property.

In Dubai, the government encourages foreigners by introducing freehold property ownership in designed areas, allowing expatriates to own properties outright and hold titles with full rights to the land and structures.

ABSOLUTE OWNERSHIP

You acquire full ownership of your property, both residential and commercial units. As a freehold property owner in Dubai, you will have complete control over your property. You will be the only person with ownership rights over your property.

CONTROL OVER PROPERTY

Since you are the sole owner, you decide access, and utilization and are free to customize or renovate your home. Land ownership, ownership rights, and ownership duration can all be controlled by you.

GOLDEN VISA

One who owns freehold property in Dubai has the advantage of getting permanent residency, by Golden Visa. This is a massive advantage if one is planning to settle permanently in Dubai.

TAX-FREE

Tax friendly is a unique and attractive attention for investors, the absence of capital gain tax makes the property investments even more enticing. 

HIGH RETURN ON INVESTMENT

As everybody knows Dubai is a growing market, and the owner will get up to 10-12% return on their property in Dubai. A property owner in Dubai can get better returns for their property by immersing its value.