Abu Dhabi launches freehold residential project in financial free zone - Reuters:
Privately owned Webridge Properties, in partnership with Mubadala Investment Co, has launched the first freehold residential project in Abu Dhabi’s financial free zone.
Abu Dhabi this year has made changes to its real estate laws allowing foreign investors to own freehold property in designated zones.
The Al Maryah island, home to Abu Dhabi’s financial free zone currently has only commercial properties such as hotels, retailers, offices and the Cleveland Clinic, where hundreds of foreign nationals work.
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