luxuryspaces's Journal

Feb 2025
9:57 AM IST

Golden Visa Impact on Dubai?s Real Estate Market

Dubai, in the United Arab Emirates, has become a major international center for cutting-edge ideas, financial ventures, and high-end lifestyles. Individuals globally travel to Dubai to experience its opulent lifestyle and take advantage of its exceptional prospects for investment and commerce. Attractive initiatives for investors, such as the Golden Visa program, add to the city’s allure, drawing in more investors and significantly impacting the real estate sector.
What is the Dubai Golden Visa, and how does it work
A Golden Visa is essentially a long-term residency permit. The UAE government established this visa to encourage and support investors, skilled professionals, and business owners. It functions as a residency-through-investment program, enabling investors to reside in the country for a significant duration. For example, purchasing property valued at AED 2 million in the United Arab Emirates qualifies you to apply for a 10-year residency visa, which can be renewed.

Introduced in 2019, the UAE’s Golden Visa program provides extended residency permits to investors, entrepreneurs, and highly skilled individuals. Specifically for real estate investors, acquiring property valued at AED 2 million in Dubai makes them eligible to apply for this visa. This initiative enhances Dubai’s appeal, attracting not only affluent individuals but also entrepreneurs and families.

Dubai is undeniably a premier location for living and working, thanks to its luxurious amenities, secure environment, business prospects, and unparalleled investment opportunities. The implementation of the UAE’s Golden Visa program has bolstered investor confidence and broadened the potential of the real estate Market…Read More

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Gender / Age: Male, 31

Location: United Arab Emirates