Dubai to increase property sizes after change in Golden Visa criteria sparks demand
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Khaleej Times
- Published on
17
In January, Dubai dropped the requirement of a minimum down payment of Dh1 million to be eligible for the Golden Visa
Demand for properties valued at Dh2 million has massively increased in the wake of Dubai dropping the requirement of a minimum down payment of Dh1 million to be eligible for the 10-year residency.
Industry executives say that many property developers in Dubai are increasing the size of apartments to accommodate the growing demand for Dh2-million properties while investors with Dh1.5-million-plus investments are increasing their budges to reach the 10-year residency eligibility threshold.
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Khaleej Times
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