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143 : true
24 Views • Aug 5, 2024 • Click to toggle off description
1️⃣ The investment threshold is now calculated based on the market value of the property, not the purchase price. For example, if you bought a property for AED 700,000, and it now costs AED 750,000 or more, you can get a visa.
2️⃣ Not only residential, but also commercial properties are available. The Dubai Land Department accepts applications for hotel rooms, offices, warehouses and land plots.
3️⃣ To obtain an Emirates ID, foreigners must buy a property for at least AED 204,000, paying off 50% of the mortgage. Important: you must be the owner, not the bank.
👥 Answer to the question:
«IS THE INVESTMENT AMOUNT SHARED IN COLLECTIVE OWNERSHIP?»
👉🏻 NO, each participant must contribute at least 204 thousand to obtain a visa.
💍 What about the FAMILY?
If the property is jointly owned, both spouses can obtain a visa if they have the necessary documents.
Please note: a visa is issued only for FINISHED properties!
We are ready to answer your questions
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Genre: People & Blogs
Uploaded At Aug 5, 2024 ^^
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RYD date created : 2024-08-06T11:27:03.235015Z
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