The DLD or Dubai Land Department is in charge of constantly updating the legislation related to Dubai’s real estate business. In addition, they also promote real estate investment and the distribution of knowledge regarding this topic. The DLD since 2021 has managed to attract different people interested in investing in Dubai.

In this article, you will see all the information related to the new news related to people who invest in Dubai real estate recently. The first thing will be, to let you know the new figures for all the real estate licenses and permits that were issued. In addition, you will see all the benefits that you can have when acquiring a Dubai investor visa.

1. Know the latest news on how Dubai’s real estate business has grown

In January of the year 2023; the DLD announced that there is a significant increase in real estate licenses and permits, compared to the year 2022. This allows us to conclude that there is great interest from investors in Dubai. In addition, this generates an increase in the competitiveness of the real estate market, which is very beneficial for the country. On the other hand, there has been a large increase in the shares of foreign property.

The DLD issued some data which says that a total of 6,479 real estate licenses and 9,047 real estate permits were issued in 2022. With this, an increase of 53% and 46.6% respectively is generated compared to 2021. All DLD transactions Dubai real estate business also had an exponential type of growth. This increase was 76.5% and has a value of Dh528 billion above the data for 2021.

This also benefited the DED; which said that thanks to this great performance in the Dubai real estate business, the economic agenda of Dubai D33 is supported. The DED also said that with all this growth in the application and issuance of licenses and permits; there is evidence of growing demand from real estate investors from all over the world.

They believe that each of these people is being driven by the growth prospects that are currently in Dubai. In addition, the prospects for high yields have been put on the local market. With all this, it is evident that the DLD has been putting in its best effort to be able to provide the best services and position Dubai as the best in the real estate market.

1.1 Why do experts think these new investors exist?

All this increase in investors in the Dubai real estate business has made experts think a lot about the possible reasons. The conclusion they came to is that this is due to the superior lifestyle; and the low visa cost that exists in Dubai. And not only that but also its infrastructure, stability, economic growth, and regulated market. In addition, investment is granted free of income taxes and the current increase in population. These are some of the many reasons why investors have risen so high.

2. Do you know what is Dubai investor visa and its benefits?

The Dubai investor visa or also known as the partner visa in Dubai is the best opportunity for foreigners to start a business in the UAE. Also if you intend to make the best investment in the UAE, you can apply for this long-stay permit. With this, investors are allowed to work and live and sponsor their relatives so they can all move to Dubai.

In case you want to get an investor visa in Dubai; The first thing you should know is that it is only granted to people who are dedicated to buying shares in existing companies. These must have a minimum value of AED 720,000 or are creating a company that involves a capital investment of the same amount.

There are two types of investor visas, to which you can apply, which vary in the duration of the long-stay permit. The first is the one that allows you to stay in the country for three years. To obtain this visa, your investment must be at least AED 750,000; if you decide to share the investment with your spouse it must be AED 1 million. The second is the investor visa with a duration of 5 years which requires a minimum investment of 2 million AED.

2.1 What are the requirements to obtain this visa?

If you already own investments or are in the process of setting up a company in Dubai, there are certain documents that you need to submit. These are part of the investor visa application process. Next, you will see all the documents that you have to deliver.

• Establishment card.
• A photograph of the applicant on a white background.
• Photocopy of the partner’s passport in the UAE.
• The sponsor’s original emirates ID.
• A photocopy of the commercial license is required.
• In addition, you need a corporate bank account and provide the sponsor’s IBAN number.
• If it exists, the member’s current UAE visa must be provided.
• As proof of ownership interest, the Memorandum Papers (MOA) must be submitted.
• Finally, the investor visa costs must be paid as all the additional expenses that this process entails.

2.2 Benefits of the investor visa

By having access to the investor visa, you can have access to different benefits. Next, you will see each of these in detail and thus understand why you should invest in the Dubai real estate business.

• You are allowed to travel outside of the UAE while the visa is valid.
• You can do business in a tax-free environment.
• The beneficiary has access to permanent residence in the UAE.
• You will have access to benefits provided by the government and local services.
• You have the opportunity to participate in the growing economy of Dubai.
• In addition, you will have the possibility to sponsor your close relatives to live with you in the UAE (parents, children, and spouses).

3. Contact Connect FZ for information on the investor visa and start investing in Dubai real estate

Dubai is considered one of the three best cities in the world. This is because it offers a very striking infrastructure and, in addition, it provides many opportunities for investors. For instance, currently, the Dubai real estate business is highly sought after and represents a great opportunity for foreigners.

In case you are interested in starting the process to obtain the Dubai investor visa; and invest in Dubai real estate business or any other, you should contact ConnectFZ. We take care of supporting you throughout the process so that you can have access to all the benefits that this visa provides. To contact us you can call us at +971 43 316 688. We also have an email that you can write to which is contact@connectfz.com.