Since the Golden Visa regulations were loosened, more Indians are looking for homes in the UAE.

The recent overhaul of the golden visa rules in the UAE has led to an increase in demand for luxury residences, as more Indians opt for a second home in Dubai and other emirates.

According to property consultants, apartments for sale in Downtown Dubai and apartments for sale in Business Bay are particularly popular among Indian buyers. The new visa rules have made it easier for Indians to obtain long-term residency visas in the UAE, which is seen as a major draw for those looking to invest in property here.

Rich Indians are now more inclined to adopt a longer-term approach and invest in real estate in Dubai as a result of the most recent revisions to the golden visa regulations. The minimum investment required by the emirate to qualify for the golden visa has been lowered from AED 5 million to AED 2 million (roughly4. 2 crore).

Property sales in Dubai increased by 60% year over year to over 43,000 units in the first half of 2022, according to statistics from DXBinteract. com. Value increased 87% to AED 115 billion.

When compared to the same period in 2021, inquiries increased by at least 10 to 15% in the first half of 2022. Luxury residences in Dubai are particularly appealing due to lower price points.

Indians are snapping up numerous properties in an effort to comply with the updated guidelines that now allow properties to be combined in order to qualify for the golden visa. In addition, the new legislation allow investors to obtain a 10-year resident visa by financing a business in the UAE.

In recent years, there has been a growing trend of Indians buying property in Dubai. This is due to a number of factors, including the city’s cosmopolitan atmosphere, its tax-free status, and the increasing number of flight connections between India and Dubai.

There are a number of apartments for sale in Downtown Dubai and Business Bay that would be ideal for Indian buyers. These areas offer a great lifestyle, with plenty of shopping, dining and entertainment options. There are also excellent schools and hospitals in both areas.

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If you’re an Indian buyer looking for a property in Dubai, then these are two great areas to consider. With their central locations and world-class amenities, they offer everything you could want from a city home.

With its world-class infrastructure and lifestyle offerings, the UAE is an increasingly attractive destination for Indian buyers looking for a second home. With the new golden visa rules making it easier to obtain residency, we expect to see even more interest from Indian buyers in the UAE property market.