How does the Government encourage real estate in Dubai?
The latest government's initiative will help attract more investments in the real estate sector and inject more liquidity needed to launch new projects.
The amendment of the Nationality Law will serve as a boon to the real estate market in Dubai and represents a new attested initiative to attract:
▪️ Skilled individuals
▪️ Talented people of high competencies to the country
UAE's Real estate sector to see greater stability in 2021: Stated by Walid Al Zarouni, Chairman, W Capital
▪️ The UAE real estate sector will gain pace from the recent amendment of granting UAE citizenship.
▪️ Represents an additional driving force for the sector in the coming years (Passport to investors, professionals and talented individuals)
An Exceptional Amendment
▪️ Represents a quantum leap in the UAE real estate landscape.
▪️ Holds the prospects of creating strong demand.
▪️ Paves the way for launching more new projects.
▪️ Enhance the sector's performance and expand investments.
▪️ Boost the attraction of talents and creators to enlarge an incubating and stimulating environment for them, through family stability by increasing demand and ease the supply of residential units.
▪️ Supports the strong demand for buying and investing in the sector, amidst the ambitious plans for sustainable development in the UAE.
▪️ To create an additional demand for units in the real estate market
▪️ Stem from with the increase in the number of residents investing in the country
The amendment contributes to:
▪️ Support the steady growth of investments in real estate service assets.