Dubai is an investors paradise, it is an global investment hub because of the amenities, succeeding economy and modern infrastructure Dubai has to offer. A country like Dubai has more to provide to your career growth and investment plans. Properties in Jumeirah are fast selling and owning a property in the prime location of Dubai has become a competition to many. The idea of freehold properties comes into practice at this time. The main advantage of freehold properties unlike a leasehold property were you can attain the ownership for a fixed period of time is that you get into Dubai’s residential terms and conditions of owing a golden visa. The golden visa is a valuable asset to investors seeking to unlock opportunities and it offers other unparalleled benefits simultaneously.
Jardin Astral in Jumeirah is a prime example for freehold luxury living. The amenities and premium infrastructure with its prime location adds why it is the most desirable place to be living.
Not able to choose between freehold and leasehold properties? Let’s break it down to make the decision at ease. In real estate leasehold means you get the access or ownership to a property for a specific time and you should pay the rent for the land to the owner of the land or the freeholder for using the ground i.e.,you pay the ground rent whereas, while owning a freehold property you own the property and the land concurrently. Thus, by owning a freehold property you get absolute control of ownership, no ground cost and the initial cost may be higher comparatively but no ongoing ground rent. Certainly, owning a freehold property in UAE is like collecting tons of treasures altogether. Lets look into them one by one.
Absolute Ownership: While owning a freehold property in Dubai you get complete access to the land and the property alike which gives you absolute freedom of investment. You can sell, lease or inherit the property as you wish. Owning a property at the heart of Dubai is a dream for many, now with Galaxy Realty’s Jardin Astral you can make your dream come true in action. Jardin Astral located in the central orbit gives you access to every core of Dubai at ease. You will be just a few minutes away from the major happenings so that your work schedule never gets in your way to indulge in the diverse culture Dubai incorporates.
Property Inheritance and Succession: you can pass on the property to the heirs accordingly which enables long term security and family asset building for future generations.
Foreign Ownership: Freehold properties in Dubai gives immense opportunities to non- GCC nationals. Under Law No. 7 of 2006, non-GCC nationals are allowed to fully own properties in designated freehold zones such as Dubai Marina, Jumeirah Garden City, and Downtown Dubai. Investing in a freehold apartment at Jardin Astral by Galaxy Realty in Jumeirah Garden City ensures complete ownership and control offering both security and long-term value.
Golden Visa Eligibility: Dubai is the most welcoming country either be it their hospitality or residential programs aimed at foreign investors that offers them with the UAE residential visas depending on the property value, the purchase valued AED 750,000 or more qualifies the buyers for a 2 year residency visa and the investment value of AED 2 million grant 10 year Golden Visa.
Tax Free Investment Returns: Maximize rental income and resale profits without the tax burdens Dubai offers 0% tax on property income, capital gains, or inheritance, making it one of the most lucrative real estate markets globally.
Governmental Reforms: Dubai Land Department (DLD) is UAE’s central government that looks into the Dubai real estate matters, it was founded in 1960. The DLD plays a critical role in Dubai’s property regulations. Certainly, boosting the investors confidence by transparent property laws and digital title deeds.
Lifestyle and Global Access: Owning a freehold property in Dubai also means access to premium lifestyle, luxury wrapped in elegance and accessibility to major hubs. Jardin Astral in Jumeirah exposes you to the diverse cultural and ethnic communities.
In Dubai you earn the luxury and owning a freehold property in the heart of the city is worth nothing, Isn’t it more interesting if you could balance your work and play all at once? in Jardin Astral you get to indulge in the modern amenities and technologies with premium and sleek design. Which makes Jardin Astral the most desired freehold property.
1. What makes Jardin Astral a suitable freehold property in the UAE?
Jardin Astral situated at the heart of Dubai is indeed the most suitable freehold property as it offers easy access to the major locations and hubs in Dubai. The Marina, Downtown, DIFC are all a few minutes away from JardinAstral.
2. What is DLP?
DLD stands for Dubai Land Development that achieves to look into the property and land regulations in the Dubai real estate industry.
3. How do freehold properties stand out from leas hold properties?
Freehold properties ensure the buyer with absolute ownership, zero restrictions and mainly a future/family oriented investment.
4. Is Jardin Astral a freehold property?
Yes, Jardin Astral by Galaxy Realty is a freehold development in Jumeirah Garden City, offering 100% ownership to both local and foreign investors.
5. Is the investment safe and regulated?
Yes. All transactions are governed by the Dubai Land Department (DLD) and RERA, ensuring transparency, legal protection, and security for investors