Friday, November 22, 2024

New plots allocated for foreigners to buy in DWC

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The UAE emirate of Dubai has made available new plots of land in Dubai World Central for foreigners to purchase under a decision by HH Shaikh Mohammad Bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai.

The Resolution No (8) of 2016, adds new land plots to the freehold area in Dubai World Central available for non-UAE nationals in Dubai, said a Wam report.

The decision grants non-UAE nationals the rights to absolute ownership, without a specific time frame, of lands and properties located in land plots number 205, 206 and 207 in the Dubai World Central area (521).

The borders and area mentioned in the decision are clearly marked in the maps annexed to the decision. It also gives owners the right to benefit from and lease lands and properties in these plots for a period not exceeding 99 years, the report said.


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