Freehold properties in Dubai enter a new phase. AA Tower, located on Sheikh Zayed Road, opens for freehold ownership. Developer: Ahmed Mostafa Ahli Investment Group. Units: apartments, offices, retail. Height: 60 floors. Residential units: 369. Office units: 26. Retail stores: 5. Parking spaces: 447.
Dubai government enables developers to convert buildings in Sheikh Zayed Road and Al Jaddaf to full freehold. New regulation opens ownership to all nationalities. Existing towers included. Investors gain access to prime central properties.
Strategic Impact
AA Tower becomes a benchmark project. Price range: Dh3.4M to Dh4.5M for one-bedroom apartments. Owners allowed to merge one- and two-bedroom units. Customization flexibility added. Legacy towers repositioned for global ownership. Sheikh Zayed Road becomes key investment zone.
Other Towers Follow
Government approves 457 plots for conversion. Sheikh Zayed Road: 128 plots. Al Jaddaf: 329 plots. Tower launches align with demand. Trump Tower, Burj Azizi, Casa AHS drive luxury development in SZR zone. Developers prepare more legacy towers for sale.
New Luxury Launches
Casa AHS project on Dubai Water Canal introduces 32 luxury residences. Options: sky villas, mansions, sky palaces. Area: 5,088 to 29,700 sq. ft. Elevators included. Price: Dh2.75B. Ultra-luxury market expands near canal and downtown fringe.
Off-Plan Alternatives for Investors
Explore ready and off-plan properties offering ownership flexibility:
Why Freehold Properties in Dubai Matter
Capital growth. Long-term rental yield. Ownership rights. Visa eligibility. Portfolio diversification. Luxury lifestyle. Secure investment backed by regulation. Central location access. Infrastructure connectivity. Demand for SZR units remains high.
Conclusion
Freehold properties in Dubai expand with government support. AA Tower sets the tone for legacy tower reactivation. Investors gain new options across Sheikh Zayed Road. View live projects at aurantius.ae.
