The Dubai Land Department (DLD) has launched the “First Property Ownership” programme aimed at supporting UAE citizens and residents interested in purchasing property for the first time. This initiative, announced on Wednesday, is a collaboration with local real estate development companies and various banking institutions. The programme aims to assist more than 5,000 beneficiaries by...
More and more middle-class Indian couples are increasingly choosing to build their retirement wealth in Dubai rather than in India. According to Bengaluru-based chartered accountant and startup founder Abhishek Jamuar, Indians residing in the UAE are investing in multiple properties and earning rental income, effectively turning real estate into a smart retirement plan without the...
Foreign investors aiming to relocate to Dubai can obtain the UAE’s 10-year Golden Visa by investing in property valued at a minimum of Dh2 million. Legal expert Ashish Mehta, the founder and Managing Partner of Ashish Mehta & Associates, outlined the legal options available for new businessmen seeking long-term residency in the UAE in an...
Emaar Development, the UAE development arm of Emaar Properties, has successfully acquired a new land plot in Dubai for AED2.9 billion, which is approximately $790 million. This acquisition is aimed at facilitating the potential expansion of its master communities. The land was purchased from Amlak Property Investment and is located in Ras Al Khor. The...