FOREIGNERS OWNERSHIP LAWS IN ABU DHABI

FEB 2009
RESIDENCY TO FREE HOLD OWNERS
THE NATIONAL NEWSPAPER REPORTED THAT A NEW LAW WILL BE IMPLEMENTED WITHIN A YEAR TO ALLOW FREE HOLD PROPERTY OWNERS
TO OBTAIN SIX MONTH RENEWABLE VISA .IT WILL APPLY TO ALL NATIONALITIES OR PROPERTY SIZE AND VALUE . THIS LAW IS AIMED
TO UNIFY THE VISA SYSTEM RELATED TO HOME PURCHASES IN ALL UAE.


The property  law in Abu Dhabi allows foreigners to own property in specified investment zones , property laws does not allow foreigners to own property free hold .According to the law foreigners can hold land  title for 99 years only and in certain areas for 50 years renewable .

WHO CAN OWN PROPERTY  IN ABU DHABI

1. Local Citizens
   
2. GCC Citizens
   
3. GCC Companies
   
4. Ex-Patriates - Residents and Non Residents
   

1. Local Citizens -Any where in Abu Dhabi for unlimited time , in investment zones for 99 years
   
2. GCC Citizens - In the investment zones  for 99 years
   Any where  - Villas only without the land  for 99 years
   
3. GCC companies - In investment zones for 99 years
   
4. Ex- Patriates - In the investment zones for 99 years
   

1. Local citizens - Real Property  ( Land , Villas  , Towers etc…  )
   
2. GCC citizens - Villas , and units ( floors , apartments ,offices )
   
3. GCC companies – Investment Land and property . Villas and units
   
4. Ex-Patriates - Villas and units ( floors , apartments , offices )