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Old 24-06-2008, 05:39 PM
shakeel50 shakeel50 is offline
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Join Date: Mar 2008
Posts: 9
Default No residency visa for property buyers-Impact on property market

Any idea where prices will head in case the proposed "no automatic visa"for freehold buyers are approved by the Government?

Most of the buyers in Dubai are foreigners who have invested for short term gain or as a second holiday home or to spend good time after retirement.

Does any one has idea how it is going to affect the property market and what kind of strategy should be adopted?
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