Under new laws in Abu Dhabi, all foreigners will be entitled to own the freehold of land and properties they purchase in investment zones, according to CNBC.

Until now, ownership was only permitted for UAE and Gulf Cooperation Council nationals, and foreign investors were limited to 99-year leases.

The moves are “game changing,” according to Aldar Properties CEO Talal Al Dhiyebi.

The new laws are expected to facilitate growth in all sectors of real estate, including corporate, and lead to job growth, but possibly not until 2022.