Dubai’s real estate market is witnessing a major transformation as prime areas like Sheikh Zayed Road and Al Jaddaf open up for freehold ownership. The Dubai Land Department’s new initiative allows private property owners in these areas to convert their holdings into freehold, unlocking massive investment potential.

With 457 plots eligible for conversion—128 in Sheikh Zayed Road and 329 in Al Jaddaf—this shift is set to attract global investors, offering them secure, long-term real estate opportunities. Industry experts highlight the surge in joint development partnerships between property owners and real estate firms, further boosting the market’s growth.

The demand for freehold off-plan properties is soaring, making these prime locations even more attractive. In Al Jaddaf, property prices range between AED 1,400 and AED 1,600 per sq. ft., with strong appreciation potential. Freehold properties, known for their security and high value, are expected to drive up residential prices and enhance investment appeal.

Dubai’s continued innovation in real estate strengthens its position as a global hub, ensuring sustained economic growth and a thriving property market for investors and homeowners alike.