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Dubai Eases Visa Rules for Single-Property Buyers

Dubai Eases Visa Rules for Single-Property Buyers

The Dubai Land Department has revised its visa regulations for single-property buyers, eliminating the long-standing minimum investment threshold of 750,000 AED. Under the new framework, individuals who fully own property can qualify for a two-year residency visa without regard to the property's value.

Previously, buyers were required to invest at least 750,000 AED to be eligible. This policy change is expected to broaden access to Dubai's real estate market, particularly for first-time investors looking at lower price points.

The initiative is part of a broader strategy to sustain growth in the sector and reinforce Dubai's appeal as a global investment hub. However, the relaxed rules primarily apply to sole ownership, while co-owners must still meet the minimum investment threshold to qualify for residency benefits.

Analysts believe this move will stimulate demand in the mid-range property segment and attract new categories of investors, further strengthening Dubai's position in the international real estate market.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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