All about buying land for sale in the UAE
Buying land in the UAE has until recently been something that only UAE nationals could do. With each emirate making adjustments to property ownership laws in the past decade, it has seen land and property ownership open up to other GCC nationals and more recently to foreigners who are not from the GCC.
This has led to an influx of investors and people looking to make the UAE their home for the long term by building their own house. It has also become popular with people already living in the UAE who wish to break away from renting. This has also brought with it a renewed source of revenue for the country which seeks to reduce reliance on oil based revenue to maintain its balance sheets.
In the UAE currently, one will find that land for sale in Dubai is the most easily available and it’s also part of the most populous and extensively developed emirate in the country. JVC, the circular-shaped residential development is a popular place to find plots of land for sale, followed by the evergreen Jumeirah, the iconic Palm Jumeirah and the new Dubai Hills Estate. Al Furjan near Jebel Ali also has lots of land for sale within the confines of its inland location.Land for sale in Abu Dhabi
, the UAE’s capital is also available for purchase and most plots are found in Khalifa City. Other emirates like Ras Al Khaimah, Ajman & Sharjah have also relaxed their laws on property ownership so there’s a small but growing number of plots of land for sale in these emirates.