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Dubai issues 5-year UAE residency visa to 20 investors

Dubai Golden Card visa holder

The visa benefits the investors and their families. The Dubai Land Department in partnership with General Directorate of Residency and Foreigners Affairs, has granted 5-year UAE residency golden visa to 20 property investors. According to a statement issued on social media, the worth of the total investment is Dh200 million. The golden visa granted today…

Sharjah unveils Dh2 billion sustainable project

Sharjah Sustainable City Project offers 100% savings on electricity and 50% on water bills Sustainability is the buzzword these days, especially in the UAE. The property developers here are increasingly going for projects that are environmentally sustainable and witnessing a decent demand from investors. The latest such development to come online is Sharjah Sustainable City…

Gulf investors targeted for UK luxury real estate project

snow hill

Birmingham, England’s second city and its industrial heart, is fast becoming a popular property investment opportunity for Gulf-based investors, according to Chestertons. Chestertons MENA said it will be targeting Middle East-based investors with the launch of a new development in one of Birmingham’s most sought-after locations at this year’s International Property Show, which opens at…

Time to put to rest oversupply fears in Dubai real estate

dubai skyline

There is a trend in the Dubai property sector I have been observing for several years. Every quarter or so opens with an armchair analyst predicting “oversupply”. The analysts quote the number of buildings under construction and the projected handover time, compare it with past year’s supply, and lo and behold, revert to the “property…