Dubai's real estate market is currently thriving, with investors from around the world investing billions of dollars in Dubai, UAE.
In the first quarter of 2021, Indian citizens invested around 6 billion AED in the Dubai real estate market, with Indians continuing to rank first for the highest amount invested.
However, British citizens recorded a major investment of around 2.9 billion AED, with Chinese and French citizens investing 1.4 billion AED and 1.3 billion AED, respectively.
According to official reports, citizens of Russia, Iran, Saudi Arabia and Canada also made investments earlier this year.
Al-Burai also said that to get a resident visa in the UAE, you will need to invest 1 million AED in real estate. This is much affordable than investing around 0.5 million euros in the real estate market to get a resident visa in a European country.
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