Dubai is seeing unprecedented demand for residential property from Indian investors. Demand from Indian homebuyers is high because Dubai is one of the few global safe havens and offers property at comparatively lower prices, while improved regulations for foreign investors and new residency schemes have added to its appeal.
Lower Prices and Supportive Policies
Beyond its proximity to India, Dubai's relatively low property prices make it an attractive investment for Indian buyers. Together with favourable government policies and the UAE's new liberalised visa rules and residence scheme, this has made Dubai the first choice for wealthy HNI real estate investors.
Rizwan Sajan, Founder and Chairman, Danube Group, said: "For the Indian investors, Dubai has always been a destination to reap rich rewards. Currently, as the supply is highly regulated, the fast-increasing demand will keep the prices of the property on a high growth trajectory. Already the property prices in Dubai have started sharply moving north due to fast increasing demand for the properties post-pandemic. The liberalized visa rules and the promise of unmatched global lifestyle, further present a highly promising opportunity for Indian investors, making it a preferred choice for them."
New Long-Term Visas
The new system for residence visas and entry permits offers tailored benefits for every category, including a 10-year Golden Visa for investors and skilled employees. Jobseekers benefit most from the five-year multi-entry tourist visa, which lets holders enter the country several times a year, or stay for 90 days continuously and then extend for a further 90 days.
Source: Taaza Khabar News
