1.⁠ ⁠Positive Impact on the Overall Market
This groundbreaking new law marks a pivotal step for Dubai’s real estate market. By granting freehold ownership to all nationalities in prestigious areas like Sheikh Zayed Road and Al Jaddaf, it is set to boost market sentiment and investor confidence. The move underscores the Dubai Land Department’s unwavering commitment to creating new opportunities for investors and developers, reaffirming Dubai’s status as a global leader in real estate innovation. This initiative not only attracts a larger pool of investors but also enhances the long-term resilience and growth of the market.


2.⁠ ⁠Impact on Al Jaddaf
The implications for Al Jaddaf are profound. This strategic location, now with freehold status, is poised to experience a surge in commercial activities and an increase in property values. Al Jaddaf uniquely addresses a critical supply gap by offering residential and commercial plots that are rare in Dubai’s prime areas.

For commercial plots, the availability of medium-sized options is particularly attractive to end-users, such as companies aiming to build their headquarters or single-tenant buildings. This flexibility is rare, as most commercial plots in Dubai are designated for high-rise developments.
Al Jaddaf’s offerings are thus highly appealing to both investors and businesses.

However, the relatively high fees for converting plots into freehold status must be considered. Sellers may initially test the market with higher asking prices. If these prices exceed what is commercially feasible for development, transactions may slow. Over time, the market is expected to
self-regulate, establishing new price benchmarks based on buyer willingness.

It is also important to note that Dubai’s plot prices are already elevated, driven by strong demand from developers launching off-plan projects.
Under current conditions, plots are generally only viable for developers planning off-plan sales, as developing for leasing purposes often does not make commercial sense at today’s prices.


3.⁠ ⁠Impact on Sheikh Zayed Road
The freehold status for Sheikh Zayed Road represents another remarkable development. Activity in the area has already started with the launch of a few towers, and this law will amplify that momentum. The shift to freehold ownership will inject dynamism into the market, significantly increasing the liquidity of plots in this iconic location.

Previously, plots on Sheikh Zayed Road were primarily developed for leasing purposes, limiting their appeal and market flexibility. With freehold ownership now open to a global audience, this stretch becomes a highly competitive and attractive investment destination. The new law unlocks opportunities for both developers and individual investors, ensuring the area operates on more dynamic and global fundamentals.


Conclusion
This bold new law is a win for all stakeholders—investors, developers, and Dubai’s real estate market as a whole. It reflects Dubai’s visionary approach to fostering a thriving and inclusive investment environment. Both Al Jaddaf and Sheikh Zayed Road are now positioned as
prime real estate hotspots, marking a transformative moment in Dubai’s property market journey.