In 2022, De Vae expanded the Golden Visa program (with which foreigners are able to live, study and work in the country while they enjoy exclusive benefits) to include more employees, such as production, health and education for a competitive occupation. The move gave a large boost to the real estate sector of the nation, in which foreigners made the VAE to buy real estate. Transactions increased by 61.7% in the previous year in 2022 and hit no less than AED 20.8 billion(1).
And Indians were at the top of the list when they came to buy property in Dubai. Rich and ambitious Indians who are looking for a luxurious lifestyle come in drugs, who pick up at home in chic neighborhoods of Dubai, such as Business Bay and the center of Dubai – a tourism alongside other fashionable addresses.
This way you have the allure of Dubai that a number of Indians give up a comfortable life in the meters of India to start again in the emirate. De cijfers vertellen het allemaal: de vastgoedsector van Dubai verdiende 16 miljard Dirhams van omzet aan Indianen in 2022–‘4de tweemaal het overeenkomstige cijfer in 2021. Dat betekent dat bijna 40% van de huizenkopers uit India kwam, met de meeste hagel uit Delhi-Cr, Ahmedabad, Surat, Surat, Surat, Hyderabad, Hyderabad, Hyderabad, Hyderabad, Hyderabad, Hyderabad, Hyderabad, Hyderabad, Hyderabad, Hyderabad and Punjab. The removal were Indians who already lived in the VAE or different parts of the world.
The average costs of houses purchased by Indians vary between 1.6-1.7 million dirhams(2). Although this may seem a bit steep according to Indian standards (even for Indians in the higher middle class), the fact that they are willing to scale a lot of money for a house in Dubai is proof of the state of the city in the world and the fascination that Indians have for it.
Why Indians are attracted to Dubai
There are several reasons why Indians are on their way to Dubai. The city offers number benefits to those who have deep pockets. Dubai not only has a world -class infrastructure, but it is also a safe for parking fees. The city is peaceful and the crime hardly exists. The most import duty is safe for women and children to move Arund.
The education system is of a global level, with various international schools to brag. There are numerous roads for entertainment for all age groups and various holiday destination in the area. The growing Indian community is also an attraction for those who are considering a shift to Dubai – one will feel not far from Felow Nationals. It is therefore entirely logical for family -oriented Indians to move to Dubai, provided they have the resources.
Then whole families who make a move, a certain percentage of senior executives with worldwide roles see properties in Dubai. The strategic location of the Emiraat makes it an easy choice for high -flying professionals and entrepreneurs. They can have a chic lifestyle and easily travel to the global destination for work. With disadvantages from the middle class and higher middle class that grow considerably, one can safely expect the trend from Indians who are hurrying to buy real estate in Dubai to continue the imperative future.
- https://www.moneycontrol.com/news/trends/travel-trends/immigration-series-Why-e-Re-Re-Any-indians-buy- in-dubai-8964261.html
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