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What is the difference between freehold & leasehold?

April 26, 2017Business difference Estate Finance Freehold leasehold renting

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What is the difference between freehold & leasehold?

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10 Posted

Free hold is when you are entitled to that property for ever and leasehold is 99 year ownership. This is mostly used in the United Arab Emirates. Reem Island is now Freehold and so are some properties in Dubai. There are some parts of Abu Dhabi that are leasehold. That means that you will be the owner of this property for 99 years.