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Dubai Land Department has announced a major shift for property owners along Sheikh Zayed Road (between Dubai Mall and the Water Canal) and in Al Jaddaf, allowing them to convert their land ownership from leasehold to freehold, granting them full and permanent ownership rights.
Key details
- The program covers 457 plots (128 on Sheikh Zayed Road, 329 in Al Jaddaf).
- The conversion is available to owners of all nationalities.
- Owners can check their plot’s eligibility via the Dubai REST app.
- The cost of conversion is 30% of the property’s assessed value.
Leasehold vs. freehold: Key differences
Leasehold allows for long-term leases (up to 99 years) without full ownership rights.
Freehold grants full ownership, including the right to sell, lease, gift, or inherit the property.
Why convert to freehold?
The freehold status significantly increases the market value of real estate and enhances its attractiveness to investors. It also strengthens Dubai’s position as a leading hub for investment activity.
This step provides property owners with the opportunity to improve their investment prospects. Converting plots to freehold status makes assets more liquid and facilitates financial transactions. The approval legally secures full ownership rights, further boosting the property's market appeal.
Thus, the initiative by the Land Department not only raises property values but also contributes to making Dubai an even more attractive investment center.
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