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Experts split on impact of visas on Dubai property

Posted on 02 August 2011

Real estate experts are split over the impact granting three-year property visas to some UAE home owners will have on Dubai’s beleaguered housing market.
The decision by the UAE government in June to offer extended visas to owners of properties worth AED1m or more, replacing visas that require renewal every six months, has divided analysts, with some suggesting the move could spur sales among foreign buyers……………………………………….Full Article: Source

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