DAMAC Hills is not a free zone but a free hold land. Many people are confused between free zone & free hold. Free zones are the special economic zones and especially designated for the commercial activities. On the other hand, freeholds are the special land where Non-GCC nationals can buy properties.
Is DAMAC Hills A Free Zone?
DAMAC Hills is not a free zone but a free hold land. Many people are confused between free zone & free hold. Free zones are the special economic zones and especially designated for the commercial activities.
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