The threshold required to be eligible for a 3 year renewable investor visa has been reduced from AED 1,000,000 to AED 750,000 (slightly over USD 200,000) in the form of property purchase.
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The cost for this 3 year investor visa is around AED 15,000, and can be applied via the Dubai Rest application.
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Immediate family members can be added at an additional charge.
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Its one of the most important move for Dubai and will attract even more investors and residents. Also it will push property market up.