Foreigners are permitted to purchase real estate, both residential and commercial properties, in specific zones in the Emirate of Dubai, so-called freehold areas. Such freehold areas include, for example, Dubai Marina, Jumeirah Lakes Towers, The Palm Jumeirah, Arabian Ranches and Business Bay. Any natural person can, irrespective of the nationality, buy real estate. Companies located abroad, however, are not permitted to hold real estate. Merely specific legal entities licensed in the United Arab Emirates are entitled to purchase real estate.
