The UAE, particularly Dubai, continues to attract affluent foreign investors due to its favorable long-term residency programs such as the Golden Visa. These programs provide assurance that tenants will remain in properties even if they lose their jobs, thereby boosting investor confidence. Foreign investors have been a significant force behind Dubai’s property market growth, especially in the post-Covid-19 era, drawn by high returns from off-plan projects.

Dubai’s real estate market has seen a significant surge, with property prices more than doubling in some areas. This rise has led to increased interest from high-net-worth individuals and millionaires, who are attracted by the city’s zero income tax and transparent property transaction processes. Additionally, Dubai offers competitive pricing compared to other major global cities, making it an attractive destination for investors from Asia and Europe.

The UAE’s strategic location, business-friendly environment, and world-class infrastructure further enhance its appeal. The Golden Visa and other residency programs have changed the mindset of investors, providing them with the confidence to invest in Dubai’s property market. As a result, the city is witnessing a shift towards high-ticket investments, with properties priced over $1 million being particularly popular among Indian and other international investors.

The consistent rise in property prices has also led to a preference for higher-priced properties, as they offer better returns compared to lower-priced options. This trend is expected to continue, with Dubai remaining a top choice for foreign investors seeking stable and lucrative investment opportunities.

In the broader context, the UAE’s real estate market is expected to grow further due to its strong economy, government support, and increasing demand for residential and commercial properties. The market’s stability and flexibility in following global trends have solidified its position as a leading investment destination.