What ?!!!!
I have just read the article in Gulf News. I cant't believe they are going to change the rules after luring thousands of investors into buying property
here thinking they would get a residency visa. The impact is going to be
huge actually deterring a lot of potential buyers from making their move.
I own a place in Dubai Marina and my contract says I am fully entitled to a
freehold residency visa! Remember all the big real estate companies are
government-owned and they advertised their properties on that basis, i.e
the residency visa and now they are saying the opposite! I actually wanted to buy another flat this summer but if Dubai governement are not to be
trusted on this then what next? I know it is their country and they can do what they like but really this is pushing it too far! No way I am going to buy another property in Dubai now. I am really disappointed as my family and I really like it there and this is making it more difficult for us without getting
a job first. What if we want to stay for six months or more in our flat? I suggest all the people who invested in Dubai write a petition to Sheikh Mo
to make sure authorities make good on their promises.
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