With over 65,000 potential real estate investors, Dubai is becoming a hotspot for those looking to buy property

Dubai has gained immense popularity in the past few years as the hotspot for real estate investments. And there are many reasons for this, including the evolved infrastructure, growing standards of amenities, and the spectrum of property types available here. Moreover, if you are looking for an economically safe country to invest in, UAE, especially Dubai, should be your top choice. 

Increasing potential investors

According to real estate expert and CEO of a Dubai-based brokerage firm, Mr. Walid Al Zarooni, the influx of more than 65,000 individuals granted the golden visa should quickly revive the Dubai real estate sector. Global studies show that Dubai will capture a sizable portion of the citizenship market thanks to its enticing economic landscape. Moreover, foreign investment in the city is projected to increase five times, reaching $100 billion by 2025.

What’s attracting investments?

According to Mr. Al Zarooni, the golden visa in the United Arab Emirates (UAE) and residency permits for retired people play a crucial role in luring more investment to Dubai’s real estate market, as they give foreigners a compelling reason to settle in the country and give UAE citizens a sense of security that makes the country a desirable place to live.

“Dubai is keen to enhance its population growth through various measures and attract investors with high net worth and skills, which will have a positive impact on the real estate sector in the medium term and enhance the demand for luxury housing categories,” Mr. Al Zarooni said. 

According to Mr. Al Zarooni, tenants who are granted golden residency often make the decision to purchase the property they are renting or some other property because of the extended residency period.

Ready to make an investment? Come, join hands with us!

So if you are interested in investing in real estate in Dubai or anywhere in Dubai, come to us. We at RGEstate offer the best commercial real estate experience to all our clients. Our team of experienced professionals will work with you to find the perfect property for your needs and budget. So come experience the best of Dubai real estate with RGEstate today! Call us to know more.

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