When people consider buying property in the UAE, one of the most important questions is whether foreigners (non-UAE nationals) can own the property outright. This matters because not all areas allow foreign buyers to acquire full ownership rights.
In the case of Selina Bay, here’s what you need to know in clear, simple terms.
Freehold Status of Selina Bay
Yes. Selina Bay is a freehold development open to all nationalities, including foreign buyers. In a freehold property, the owner holds full rights to their unit and the land it sits on, with no need for a local partner and no lease expiry. Selina Bay’s freehold status means that both UAE residents and international investors can own the property outright.
This applies to:
- 1- to 4-bedroom apartments
- Penthouses and townhouses
All of these units in Selina Bay can be purchased on a freehold basis by foreigners and expatriates.
What Does Freehold Mean in the UAE Context?
In the UAE, property ownership comes in two main forms:
- Freehold Ownership
- Buyer owns the property fully and permanently
- Can sell, lease, or pass to heirs
- Does not expire after a set period
- Leasehold Ownership
- Buyer has right to use the property for a fixed period (often up to 99 years)
- Land and ultimate ownership remain with another party
Abu Dhabi’s real estate regulations allow foreign property ownership in designated freehold zones — and Yas Island is one of those zones where non-UAE nationals can own property outright.
Why This Matters for Buyers and Investors
Freehold ownership gives several clear advantages for foreign buyers:
- Full Legal Ownership: You receive a title deed in your name.
- No Local Partner Needed: You can buy directly without sponsorship.
- Investment Flexibility: You can sell, rent, or transfer ownership.
- Estate Rights: The property can be inherited by your heirs.
- Potential Visa Benefits: In some cases, buying freehold property in the UAE helps with long-term residency applications.
Because Selina Bay is a freehold community, foreign buyers and investors feel more secure in their rights and long-term value prospects.
About Yas Island and Foreign Ownership
Yas Island is one of Abu Dhabi’s most vibrant and well-known districts, with entertainment, lifestyle, and tourism attractions. Under UAE property law, Yas Island is designated as a place where non-GCC nationals can buy freehold property, making it attractive to international investors.
Summary
- Selina Bay is freehold for foreigners, meaning non-UAE nationals can own units fully without lease restrictions.
- Yas Island, where Selina Bay is located, is officially a freehold zone for foreign real estate ownership.
- Freehold ownership provides legal security and flexibility a key advantage for both end users and investors.