Announced today in the Gulf news was the fact that the long awaited law regarding expats owning property has been approved by HH Sheikh Khalifa. So that's good news, right?
Errrr, well, no, not really. It only applies to Abu Dhabi at present and only in specific investment areas. OK, that will also be applied to Dubai, there's no doubt about that.
But, it only applies to the property itself. The land is leased! So freehold? I don't think so...
A little off topic, but 'money related' all the same.
Keep discovering, whatever...
