Recent changes, such as the introduction of long-term visas, have boosted investor confidence, leading to increased demand for properties priced above AED 2 million to meet visa requirements.
Faq Group
Legal and Regulatory
Foreigners can own property in designated investment zones on a leasehold basis for up to 99 years or as freehold in specific areas such as Al Reem Island and Saadiyat Island.
Simply, the process involves selecting a property, signing a sales agreement, paying a deposit, securing financing if needed, and transferring ownership through the Abu Dhabi Municipality “ADREC“.