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【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

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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.

 

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2019/04/22 Dan Murphy

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