Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Foreigners can own property in Abu Dhabi on a freehold basis in designated investment zones, the emirate announced Tuesday, seeking to attract more investors to its real estate sector.Residential units in the zones will be registered under Abu Dhabi's freehold law, with property ownership deeds issued to investors, a statement from the Abu Dhabi Municipality said.Previously, foreign investors in Abu Dhabi property were generally limited to leasehold arrangements with 99-year leases.
FOLLOW THIS ARTICLE