What will be cheaper after Golden Visa to buy a house in Dubai?
The dream of settling in Dubai is no longer limited to the rich. United Arab Emirates (UAE) The government has made a big change in the rules of golden visa and made it easy and accessible to more people. Now to get a golden visa to live, work and study in Dubai, you will not have to invest heavy in property or business there.
What is a golden visa?
Golden Visa is actually a long term residency permit, which allows foreign nationals to stay, work and study in Dubai for a long time. Till now, crores of rupees had to be invested to get this visa, but now it can be found by paying a fee of only 23.30 lakh rupees.
Why is the golden visa special without investment?
With this change, not only billionaires, but also middle class and upper middle class people of countries like India can also fulfill the dream of starting life in Dubai. Earlier, where an investment of at least Rs 4 crore was necessary for the golden visa, now it can be given only by filling the fees.
How expensive to buy a house in Dubai?
After getting a golden visa, people can also plan to buy a house in Dubai. There the property prices vary according to location and facilities.
1Bhk Flat prices:
- Downtown Dubai (near Burj Khalifa and Dubai Mall): 7.1 Ten million
- Dubai silicon oasis: 3.1 Ten million
- Dubai Marina (on the banks of the sea): 91 Lakh
- Jumerah Village: 2 From 3 Ten million
2bhk Flat prices:
- Downtown Dubai (1836 square feet): 23 More than crores
- Jumerah Village (1050 Square Ft): 1.8 Ten million
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Also a chance to earn from rent
If you want to take a house in Dubai and rent it, then it can be a profitable deal. Dubai is a tourist destination, so the demand for property remains there. You can get a return of 5% to 8% annually. The most special thing There is no tax on rent earnings.