General view of Abu Dhabi, United Arab Emirates, January 3, 2019. REUTERS/Hamad I Mohammed
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)
Abu Dhabi will allow foreigners to own the land under their homes and offices for the first time as the emirate looks for ways to bolster its stalled property market.Citizens of the UAE and other Gulf Cooperation Council countries were already allowed to purchase land in Abu Dhabi before the law change.The change would allow an owner to include land on a mortgage, sell it, inherit it and enjoy the full rights that come with free and full ownership, Falah al-Ahbabi, director-general of the Abu Dhabi's Department of Urban Planning and Municipalities, told reporters Thursday.
FOLLOW THIS ARTICLE