Abu Dhabi allows foreign nationals to own land

Published August 14th, 2005 - 06:51 GMT
Al Bawaba
Al Bawaba

The emirate of Abu Dhabi has allowed foreign nationals the right to own and transfer real estate. A law to this effect was issued by President Sheikh Khalifa ibn Zayed Al-Nahayan, in his capacity as the ruler of Abu Dhabi.

 

The law states that non-UAE nationals shall have the right to own surface property, but not the land itself, in investment areas.