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.






