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Why Buy a Retirement Property in Dubai?

Dubai is a luxurious location for living & spending holidays! It is also having the right kind of environment to do business the right way! The local government has made relevant changes in the real estate market to accommodate the retiring professionals. The developers in the Emirate are coming up with marvelously designed retirement housing units to meet the demand of ex-pats. Regulation of the land is enabling the expatriates above the age of 55 to stay in the UAE for 5 to 10 years as per the need.

Expats from all over the world are looking for favorable destinations to spend their retirement years & nothing is better than an evolving economy like Dubai. You need to invest in a property worth Dh2 million or have savings of at least Dh1 million or an income of Dh20,000 each month. Are you looking to buy a dream retirement property in the Middle East? Contact the real estate professionals who can get you an attractive retirement property at a great price.

Most projects of Dubai real estate are offering amenities like health centers, clubs, recreational centers, & clubhouses. If you’re already having a UAE residence visa and thinking that it will be enough after retirement to stay in the Emirate then it is a wrong perception! This is where you need a Dubai retirement visa for staying in the Emirate.

Here are some of the top reasons to buy a retirement property in Dubai –

  • The UAE government has relaxed some of the visa rules for retiring professionals looking to buy a property in Dubai.
  • The place has all the worldly features & functionalities to spend some amazing time in the Emirate.
  • Normally, the retirement visas can have validities for 2 to 10 years, but they can be extended easily as the requirements of investments are filled the right way.
  • The government is also allowing a special provision in the form of a retirement visa for UAE residents looking to stay here after retirement.
  • The local government is friendly & allowing ex-pats to stay in the Emirate peacefully and enjoy all the pleasures of the place.

 

Expats need to fulfill the criteria to be eligible for retirement visas. Contacting the right kind of real estate professional in Dubai will help get the right guidance to buy a retirement property. The relevant companies or agencies will assist you in getting all the documents ready in a quick time. Dubai is the place to spend some amazing time in the Middle East without getting hackled for any odd reasons. Buy a suitable property in Dubai & plan the retirement rightly.

The buyer can consider the mortgage financing options available in the UAE, up to 80% of the property price can be financed by the bank. To know more, reach out to the right kind of property managers. They will also assist in getting the best retirement property in Dubai at a great price.

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