Why Dubai Property Market increased by 1.5 times in the 2nd quarter of 2022

In June 2022, the Dubai residential property price index hit a ten-year high. The Land Department has registered nearly 9,000 sales transactions totaling AED 22.75 billion, or $6.27 billion.

Foreign investors can obtain a UAE residence visa when buying property in the country. Depending on the value of the object, a visa is issued for 3 years or 5 years.