Which of the following best defines 'freehold' property in Dubai?

Study for the Dubai Real Estate Broker Exam with comprehensive practice questions and insightful explanations. Prepare with flashcards and multiple choice questions to ensure your success!

'Freehold' property in Dubai is best defined by the complete ownership of both the property and the land. This type of ownership allows the buyer to possess and use the property indefinitely, which is a significant advantage over other forms of property ownership that may involve restrictions or limited rights.

In Dubai, freehold ownership is especially appealing to investors and homeowners as it grants them full control over their property, including the ability to sell, lease, or make modifications without needing approval from the landowner or lessor. This concept aligns with international property ownership standards and is a key feature in various developments within designated freehold areas.

The other forms of property ownership, such as leasehold, provide limited rights over a specific period and do not include ownership of the land itself, making them fundamentally different from freehold arrangements.

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