Demand for properties valued at Dh2 million has massively increased in the wake of Dubai dropping the requirement of a minimum down payment of Dh1 million to be eligible for the 10-year residency.
Industry executives say that many property developers in Dubai are increasing the size of apartments to accommodate the growing demand for Dh2-million properties while investors with Dh1.5-million-plus investments are increasing their budges to reach the 10-year residency eligibility threshold.
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https://www.khaleejtimes.com/business/realty/dubai-golden-visa-demand-prompts-investors-to-raise-budget-developers-to-increase-unit-sizes