What Does It Mean to Be Freehold?
When a place is freehold, it means you own the land and the property on it outright. In the case of DAMAC Hills, this is exactly how it works. Because it's a freehold area, even non-GCC (Gulf Cooperation Council) nationals can buy villas, townhouses, or apartments in DAMAC Hills and fully own them.
This ownership gives you more flexibility in terms of what you can do with it as an owner. You can not only sell it or just lease it, but also pass on the property as you like. This is different from leasehold, where ownership rights can expire after a fixed time.
What Is a Free Zone, and Why Is DAMAC Hills Not One?
A free zone is a special economic area set aside for business bay. These zones often provide companies with tax benefits, easier regulatory rules, and business-friendly policies.
DAMAC Hills, on the other hand, is primarily a residential and mixed-use community. It's built around an 18-hole golf course and includes villas, townhouses, apartments, sports facilities, and green spaces. Because of this, it’s clearly a freehold residential development, not one of the business-oriented zones you find in Dubai’s free zone map.
Why This Matters for Buyers
- For Foreign Investors & Buyers: Since DAMAC Hills is freehold, non-residents can buy property here.
- Long-Term Ownership: Freehold means you own the property and land permanently (or for the long-term title deed), not for a fixed lease period.
- Property Rights: Owners can rent out their homes, sell them, or keep them for personal use.
Where Is DAMAC Hills Located?
DAMAC Hills is part of Dubailand, and its official name is often referred to as Al Hebiah 3. The area covers about 42 million square feet and is known for a mix of residential and lifestyle amenities including clubhouses, schools, parks, and a commercial strip.
In Short:
So, to answer the question clearly: No, DAMAC Hills is not a free zone, it is a freehold residential community. If you're wondering about DAMAC Hills free zone status, or comparing free zone vs freehold in DAMAC Hills, it’s important to understand that owning property here means real ownership, not just a business license advantage.
Because of its freehold status, foreigners can truly own homes here, making DAMAC Hills a very attractive option for investors and long-term residents. Whether you're looking to invest or live here, knowing this distinction helps you make a smarter decision.
