By Admin 
Property in dubai: The United Arab Emirates government has relaxed the rules of Golden Visa. Under this, it will not be necessary to invest in property or business in Dubai to get a golden visa. Gold visa is a permit for long term residency, through which people of other countries are given the facility to live, work and study in Dubai.
Golden visa rules relaxed
Now it is obvious that by relaxing the rules of Golden Visa, a large number of people would like to settle in Dubai. In such a situation, the demand for real estate property of entry level and mid range will also increase. According to the new rule, to get a golden visa, you have to pay a fee of about 23.30 lakh, whereas earlier it had to invest Rs 4 crore or more.
This is not a huge amount for the rich in India. Anyway, many Bollywood stars and Indian celebrities have luxurious bungalows in Dubai. But now due to the new rules, now the desire to settle in Dubai has also arisen in the upper middle class and middle class of the country. Now let’s know how much is the price of 1 Babhk in Dubai?
How much is the price of 1 Babhk?
How much the price of the house will be in Dubai depends on which area it is, what are the facilities, how old the property is, etc. According to Housing.com, a 1 Babhk of 1270 square feet in downtown Dubai is priced at Rs 7.1 crore. This location is near Burj Khalifa and Dubai Mall, so the price is so high.
Similarly, the price of 1 Babhk in Dubai Silicon Oasis is Rs 3.1 crore. A 1 Babhk of 555 square feet in Marina along the beach is priced at Rs 91 lakh. Similarly, the price of 1 Babhk in Jumerah Village, Dubai is usually 2 crore to 3 crore or more.
On the other hand, if you are thinking about taking 2BHK, then you will have to do pockets and pockets. According to the website of Housing.com, a 2BHK of 1836 square feet in downtown Dubai is more than 23 million. The price of a 1050 square feet in Jumeh Village is priced at 1.8 crore. Damac Hills and Dubai Hills Estate in Dubai are also among the places of choice of investors.
You will get so much return on rent?
If you want to buy an apartment and make a profit by renting it, then this idea is not bad either. Due to tourist destination, the demand of property here is always always there. In Dubai, you can get a return of up to 5-8 percent annually from rent and there is no tax on the income from rent in Dubai.
Also read:
UAE government heard good news, now not necessary for golden visa or heavy investment in business