Dubai Property Visa News: Are you planning to buy property in Dubai? So there is a good news for you. Now buying property in Dubai has become even easier. Even if you do not have much money to invest, you can still get a Dubai residential visa with less investment. There are reports that the government has removed the new minimum property value condition of property linked visa.

Small investors will also get visa
Actually, the Dubai government has decided that now it will make some changes in its conditions to promote its real estate investment. This decision has been taken due to this change. Which is going to benefit small investors. According to the new rules, there is now no limit on the minimum property value for a two-year property-linked residency visa. Earlier, investors were required to purchase property worth at least 750,000 dirhams (about Rs 1.9 crore in Indian rupees), but now there is no such requirement.

Also read: Trade Plan B! Pakistan changed route amid Hormuz crisis, gave 6 new land routes to Iran for supplies

rules of joint ownership
However, when two people together buy a property here, the government has implemented a new rule for that also. Now if you have more than one investor in any of your property, then the share of each investor will be required to be at least 4 lakh dirhams (about Rs 1.03 crore in Indian rupees). Due to earlier prices, it was difficult for small investors to enter the market.

This step has been taken in the mid segment, which has brought a big opportunity for investors. This will not only open the way for individual buyers, but will also increase sales of properties that were previously not eligible for visas. Only when investors get some flexible options will the sale of property in Dubai increase further and have a positive impact on the market.

Also read: Sundar Pichai, who has a net worth of Rs 12600 crore, told his diet, where does the Google Chief get his protein?