Dubai classically benefits from investor interest, but the real star is Abu Dhabi.
Although it is possible to obtain long-term visas when purchasing real estate, the UAE policy of issuing such visas, depending on the type of occupation, is a real incentive for Indian investors.
It is on this principle that professionals and top management from the banking and financial sectors of India become residents of the Emirates, which entails an interest in acquiring local real estate. Expensive, luxury real estate.
Abu Dhabi, the capital of the United Arab Emirates, has become particularly popular with wealthy buyers.
However, Indian buyers are interested in real estate as their "second house". Migration is out of the question.
The professions listed for 5-year and 10-year visas are not limited to the financial and banking sectors but also include entrepreneurs, health professionals, scientists, technicians, and researchers.
In addition to the influence of a favorable visa regime, there are attractive low prices for luxury property and the general geographical proximity of the UAE to India.
The main focus is on real estate in the price range from $266,500 to $800,000.
Although Indian buyers, especially HNI, have traditionally been the consumers of real estate in the United Arab Emirates, the price hike has given market participants particular optimism about growth forecasts.
This increase in demand will undoubtedly lead to higher property prices.