What is freehold vs leasehold property in UAE?

The freehold meaning refers to a type of property ownership where the buyer owns both the property and the land it is built on, allowing for complete control and the ability to sell or modify the property without restrictions.

In contrast, leasehold meaning indicates that the buyer only purchases the rights to use the property for a fixed period, usually around 99 years, without owning the land itself.

When considering leasehold vs freehold, it's essential to recognize that freehold properties generally offer more security and long-term investment benefits, while leasehold properties may be more affordable upfront but come with ongoing costs and restrictions. Understanding these differences is crucial for anyone looking to invest in freehold property in Dubai or leasehold options.