Freehold in other Emirates?
#1
Freehold in other Emirates?
Anyone know the rules for RAK and Dibba area for expat freehold / property ownership laws?
Also any good articles to full explain the recent law change in Dubai?
Cheers.
Auto
Also any good articles to full explain the recent law change in Dubai?
Cheers.
Auto
#2
Re: Freehold in other Emirates?
Originally Posted by Autonomy
Anyone know the rules for RAK and Dibba area for expat freehold / property ownership laws?
Also any good articles to full explain the recent law change in Dubai?
Cheers.
Auto
Also any good articles to full explain the recent law change in Dubai?
Cheers.
Auto
There is still no such thing as freehold in the emirates. Sorry
#3
Re: Freehold in other Emirates?
Originally Posted by TA5
There is still no such thing as freehold in the emirates. Sorry
If you could provide a link or 2 to relevant articles that would be useful.
Gimme a break.... thx.
#4
Re: Freehold in other Emirates?
Originally Posted by Autonomy
Ok - you know I post here a lot - I am just after some useful info on the property situation in Dibba and RAK.
If you could provide a link or 2 to relevant articles that would be useful.
Gimme a break.... thx.
If you could provide a link or 2 to relevant articles that would be useful.
Gimme a break.... thx.
To be honest, i think there is the same bullshit 'leasehold' in rak as dubai, you can lease in the designated free zones. nothing close to it in dibba though.
#5
Diarist
Joined: Jun 2005
Location: Dubai
Posts: 184
Re: Freehold in other Emirates?
Originally Posted by Autonomy
Anyone know the rules for RAK and Dibba area for expat freehold / property ownership laws?
Also any good articles to full explain the recent law change in Dubai?
Cheers.
Auto
Also any good articles to full explain the recent law change in Dubai?
Cheers.
Auto
Who knows? It could be worth checking though.
#6
Re: Freehold in other Emirates?
More to the point is why you would want to? Dubai is supposed to be the 'stable', 'developed' Emirate and look what happened to the property there. As if the build wasn't shoddy enough and the prices took a dive quicker than an Italian football player there, imagine what RAK would be like!
#7
Re: Freehold in other Emirates?
Originally Posted by secretdubai
Officials from RAK once told me that RAK has always been able to sell freehold to expats. This may be possible if when they joined the Federation, a year late, they didn't fully sign up to the constitution, or they were allowed special exemptions.
Who knows? It could be worth checking though.
Who knows? It could be worth checking though.
A google for dibba propoerty for sale did not bring up single result of a property actually for sale!
#8
Re: Freehold in other Emirates?
Originally Posted by Desert Dweller
As if the build wasn't shoddy enough and the prices took a dive quicker than an Italian football player there, imagine what RAK would be like!
I know it is very unlikely, but worth looking into I thought...