DUBAI'S NEW PROPERTY HOTSPOT AL JADDAF

New projects launch as Al Jaddaf benefits from Dubai's conversion to freehold initiative

- BY MANOJ NAIR BUSINESS EDITOR

After Shaikh Zayed Road, the freehold conversion boom has now reached the Al Jaddaf area, with new projects being launched or about to do so.

What this does is create new freehold residential options for property investors in Dubai, especially those interested in buying a home for their own use.

"Al Jaddaf could well become one of the locations where end-user property buyers still don't have to pay a price premium compared to apartments on SZR, the Downtown Dubai or Business Bay," said an estate agent.

"The other emerging location that end-users are seriously interested in is Dubai Maritime City, again for the same reason of value-for-money."

It was in early 2025 that Dubai said designated plots and buildings owned by private investors on Shaikh Zayed Road and in Al Jaddaf can be converted into freehold. It meant that 329 plots in Al Jaddaf could make the transition.

Industry sources say that such locations allow new and existing investors to come to market at prices that are yet to fully experience the Dubai property boom highs of recent years. And by the time these investors take possession of their homes in 3-4 years, there is a good chance that property values will have started moving up.

NEW FREEHOLD ACTIVITY IN AL JADDAF