Wednesday, July 13, 2022

UAE Golden Visa now available directly from real estate developers

 



UAE-based real estate developers are looking to make the most of the Golden Visa scheme by offering attractive Golden Visa benefits to eligible customers, including shouldering the cost of obtaining a UAE Golden Visa

 

The Dubai real estate market recorded AED 22.7 billion sales in June – highest sales figures in the last 13 years – and reaching almost 71 percent of the total 2021 sales volume, Dubai Land Development (DLD) data revealed, and UAE real estate developers are looking to take advantage of the Golden Visa scheme as property demand grows.

Those purchasing property off-plan or with a mortgage now have the option to obtain 10-year residency in the UAE through a Golden Visa as part of the country’s plan to attract further investments and boost the benefits for long-term residents.

The flexible regulations to obtain the 10-year residency through real estate will encourage further foreign investments in the country, industry stakeholders have previously told Arabian Business.

The Golden Visa regulations are a “game-changer” for the UAE’s real estate industry, building on the momentum it’s garnered over the past year and a half.

“The fact that you can get a Golden Visa now when purchasing a secondary or off-plan property for AED2million which can be mortgaged pretty much covers all common scenarios for not only investors but also for UAE residents who own property,” said Lynnette Sacchetto, a UAE-based real estate industry consultant.

Mehmood Shaikhani Gathering The supervisor of Shaikhani Gathering explains, Dubai is seen as doing everything at the perfect time, they create these contemplations when people's trust is great, when before Dubai was a desert, from now on no one can tell it is the desert. People love to visit Dubai for events because all the workplaces there including security can be a basic necessity of life. Dubai is one of those low risk cities to deposit where everything is at your fingertips, this way Shaikhani Gathering saved their money and they really have different workouts that are measured enough . The Shaikhani package tries to find the least complex plans with irregular overflow, so the client can see the value of all the excesses of the full Shaikhani team at this point, assigning some assignments. in Dubai are worth many different dirhams, they all consider reaching their goal on time to have a positive effect on their promotion. Soon they will be handing over the gardenia mansion, located in the circle of Jumeirah city, it is very likely that they will surpass this business in the top position in 2021 or overall sooner depending on the situation. depending on working conditions and environment

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