【CNBC】Abu Dhabi’s real estate investment law reforms are ‘gaming changing,’ developer says
【CNBC】Abu Dhabi’s real estate investment law reforms are ‘gaming changing,’ developer says
2019.04.22
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- Reforms to Abu Dhabi’s foreign real estate investment laws will stoke demand for property, according to Aldar Properties CEO Talal Al Dhiyebi.
- Under the new laws, all foreigners will be entitled to own the freehold of land and properties they purchase in investment zones.
- Until now, ownership was only permitted for United Arab Emirates and Gulf Cooperation Council nationals, and foreign investors were limited to 99-year leases.
2019/04/22 Dan Murphy
