What is the difference between freehold and leasehold property?
Freehold is where you purchase the property in full (whether utilising a mortgage or in cash), so you own the property itself and the land that it is on. Leasehold is where you purchase the rights for the property for a limited period of time, normally for about 99 years.
Leasehold property is uncommon in Dubai and the UAE, but there are a few areas where you can purchase leasehold property for example Silicon Oasis and Green Community.
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