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FINANCIAL NEWS
Dubai allows more foreigners to acquire in DWC
21 Jun 2016
(MENAFN) Dubai has increased the available new plots of land in Dubai World Central for foreigners to buy, under a decision by Ruler of Dubai, as revealed by recent reports.
Consequently, the Resolution No (8) of 2016, adds new land plots to the freehold area in Dubai World Central available for non-UAE nationals in Dubai, said a WAM report.
In line with the decision, non-UAE nationals are able to fully acquire lands and properties located in land plots number 205, 206 and 207 in the Dubai World Central area (521).
The borders and area mentioned in the decision are clearly marked in the maps annexed to the decision. It also gives owners the right to benefit from and rent lands.
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