UAE: Golden visa encourages foreign investment in Dubai's real estate sector

The 10-year residency program «Golden Visa» has aroused great interest among foreign investors in buying real estate in Dubai, which has become one of the most popular investment destinations in the world.

Zoom Property Insights reported that Dubai is expected to attract a significant share of the global citizenship by investment market, which is expected to grow fivefold to $100 billion by 2025. The Emirate has introduced visa reforms at the right time and will attract significant investment in the real estate sector with gold and silver visas.

Recent easing in the rules for issuing visas to investors has also helped matters, as it has led to an increase in investment in Dubai from investors belonging to different countries, with Indians leading the way. Some of the leading real estate developers are currently offering a Golden Visa to those who are willing to invest at least 2 million dirhams in the Dubai real estate sector.

According to Zoom Property Insights, Indians in particular have shown great interest in the emirate's growing popular market thanks to the golden visa, as well as Dubai's strong economy, infrastructure, expatriate-friendly policies, and a safe environment.