Real Estate market is key part of UAE economy excluding oil-based industry, and has led many foreign investors be interested in UAE once again. And the investor visa extension program helped UAE becoming a safe haven for real estate investors.
Despite the current diplomatic conditions, UAE is still considered a safe and solid investment opportunity to many investors. In 2011, UAE government has decided to extend the visa permits from 6 months to 3 years for foreign investors over 1 million dirham, or about US$270,000.
This visa extension program continues to power Dubai’s real estate market.