Quote:
Originally Posted by shakeel50
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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I know of an investor who was all set to buy and backed out when this article came on the paper.
Regards
Roshan