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The property must have completed construction, cost Dh5m or more and be fully paid up Dubai: The Dubai Land Department has issued the criteria for property investors to acquire 5-year residency visas in Dubai. For one, the construction of the property must be complete – in other words, investors who bought offplan need to wait…
Property shares have been on the upswing as those of banking peers fade Dubai: Equity traders in the UAE are ditching expensive banking shares and opting for relatively cheaper real estate stocks. Emaar Properties shed 22 per cent from April through May and has been on a gaining streak since, up 17 per cent from…
The visa benefits the investors and their families. The Dubai Land Department in partnership with General Directorate of Residency and Foreigners Affairs, has granted 5-year UAE residency golden visa to 20 property investors. According to a statement issued on social media, the worth of the total investment is Dh200 million. The golden visa granted today…
Prices, rents continue decline in first half of 2019 on oversupply in industry Property prices and rentals in Dubai continued to decline in the first half of 2019 and this trend will continue in the second half as oversupply will keep the emirate a buyer-friendly market for a few more quarters – if not years….
Owning a home is a keystone of wealth… both financial affluence and emotional security.