Dubai allows SZR, Al Jaddaf property owners to convert to freehold

Sunday, 19 January 2025 15:01

By ARN News Staff

Dubai Land Department (DLD) announced on Sunday that private property owners of all nationalities in the Sheikh Zayed Road area (from the Trade Centre Roundabout to the Water Canal) and Al Jaddaf area can now convert their ownership status to freehold.

A total of 457 plots are eligible: 128 along Sheikh Zayed Road and 329 plots in Al Jaddaf.

Dubai Land Department (DLD) announced that the private property owners in Sheikh Zayed Road area (from the Trade CentreRoundabout to the Water Canal) and Al Jaddaf area can now convert their ownership status to freehold to all nationalities.
A total of 457 plots are eligible for…
— Dubai Media Office (@DXBMediaOffice) January 19, 2025

The initiative is set to benefit landowners in these areas by enhancing the market value of their properties, particularly for those opting to convert their land to freehold ownership. It is also expected to increase the economic appeal of these locations, paving the way for real estate developments tailored to freehold investors, and attracting a new wave of investment to Sheikh Zayed Road and Al Jaddaf.

Eng. Marwan Ahmed bin Ghalita, Director General of DLD, said that enabling private property owners in the designated areas in Sheikh Zayed Road area and Al Jaddaf to convert their properties to freehold ownership will drive significant growth in Dubai’s real estate sector.

The move also reinforces Dubai’s position as a global economic hub and a leading destination for real estate investment, in line with Dubai’s Real Estate Strategy 2033.

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