Saturday, September 5, 2009
Owning Property on The Palm Island, Dubai
The sale of The Palm Island properties (villas and apartments) are done on freehold basis, which entitles nationals and expats the right to sell, lease or rent their property at their own discretion. The free-hold property is tax-free, secure, and has sunshine the whole year round. Real estate owners and their immediate family, can obtain renewable Dubai residence visas, which can cost Dhs. 5,000 per person. Some of the properties available for sale on the Palm Jumeirah are the Palm Jumeirah Residence, Palm Terrace, and Atlantis, The Palm.
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