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New rules for issuing residence visas in Dubai effectively remove the entry barrier for sole property owners and reduce it to AED 400,000 for co-investors. According to analysts from Savills and Springfield Properties, this could turn the emirate’s affordable districts into the main battleground for attracting capital from first-time investors and expats.
Dubai Land Department has simplified access to residence visas for property owners by removing the mandatory AED 750,000 threshold for individual owners and introducing new rules for jointly owned and mortgaged properties.
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