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UAE Golden Visa: A 10-25% down payment on Dh2m property can get investors started

UAE developers to soon come with flexible payments towards Dh2m criterion Developers in Dubai are focussing on two-bedroom apartments and townhouses as the ideal investment options for investors to meet the Dh2 million target. And pick up that Golden Visa.Image Credit: Stefan Lindeque/Gulf News Dubai: Planning for a Golden Visa with a Dh2 million property investment. Then try this payment...

Does My “home country” Will Cover my Abu Dhabi Property?

Your “home country” Will does not cover your Abu Dhabi property. Abu Dhabi property was specifically excluded by Federal Decree number 29 and 30 of 2020 from the new laws on recognition of “foreign” wills. So how can you stop UAE law applying to the inheritance of your UAE home? The answer is simple, get your “home country” Will registered by the Abu Dhabi Courts. In 2018, the Abu Dhabi...

THE GOLDEN VISA SCHEME – Property Investor

You can obtain a five-year Golden Visa upon buying a property (built or Off-Plan property) with a value of no less than AED 2 million, and visas can also be issued to the holder’s spouse and children. FAQs Can I get a visa if I have an off-plan property? Yes you can, if it is paid up to AED2mWhat are the costs to get the Golden Visa? About AED2,500 but you will also need health insurance for all...

UAE explained: How to rent out your home on Airbnb

Abu Dhabi recently signed a deal with the company to promote the holiday home sector in the capital Gillian Duncan Feb 18, 2022 Abu Dhabi recently signed a deal with Airbnb to promote the holiday home sector in the capital, following the tourism department's request for holiday homeowners to register on its new online licensing system to help regulate and enhance the market in...

Aldar launched Abu Dhabi’s first regulated short-stay apartments

‘Cloud Living’ offers flexible stay options, and all-in-one pricing with no hidden costs or utilities Aldar worked with Department of Culture and Tourism - Abu Dhabi and Lavanda to devise a new regulatory framework that enables fully flexible short and medium-term leasing by Rohma Sadaqat Published: Tue 1 Feb 2022, 7:38 PM Aldar has announced the launch of Cloud Living,...

Abu Dhabi residential capital values hit five-year high in fourth quarter of 2021

More than 4,180 apartments and villas were completed in the emirate, according to property consultancy ValuStrat The capital values of villas and apartments in Abu Dhabi rose to their highest level in five years in the fourth quarter of 2021, underpinned by a broader recovery in the UAE economy, according to property consultancy ValuStrat. The ValuStrat Price Index (VPI) for Abu...

Image Credit: Virendra Saklani/Gulf News/archive

5-Year UAE Multiple-entry Visa Announced

Image Credit: Virendra Saklani Multiple entry tourist visa for all nationalities A new multiple entry tourist visa can now be issued for all nationalities, in a step that aims to facilitate the process for tourists and visitors. The five-year visa enables tourists to enter multiple times on self-sponsorship and remain in the country for 90 days on each visit, which can be extended for another 90...

Bounced cheques in UAE – law changes with effect from today

Commercial Transaction Law amendments decriminalise dud cheques, with exceptions Changes to UAE’s Commercial Transaction Law – which include narrowing the scope for criminalisation of returned or “bounced” cheques due to insufficient funds – will be effective starting today (January 2)Image Credit: Shutterstock Dubai: Changes to UAE’s Commercial Transaction Law – which include...

Five reasons why you should invest in Abu Dhabi’s property this year

Abu Dhabi homebuyers are not only the people planning to live there but also those considering villas investment in Abu Dhabi. An increasing number of foreign investors purchase homes to rent them out. Prices for villas in Abu Dhabi are competitive compared with similar properties in major cities in Europe and the United States. Why buyers prefer homes in Abu Dhabi? In the United Arab Emirates,...

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