India, May 2 -- Dubai has eased eligibility norms for its two-year property-linked residency visa by removing the minimum property value requirement for individual buyers, in a move aimed at broadening investor access and reviving demand amid the ongoing US-Iran war. The policy shift is expected to lower entry barriers, especially for first-time and mid-income buyers seeking residency through property ownership, real estate experts said.
Under revised rules issued by the Dubai Land Department via its Cube platform, the earlier threshold of Dh750,000 (almost Rs.1.9 crore) for individual ownership has been scrapped for sole owners. However, for jointly owned properties, a minimum investment of Dh400,000 per investor (about Rs.1.3 crore) ha...
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