| New residency regulations have been drafted to regulate the property market in the UAE. The first requires expatriates seeking to renew their residence visa or issue a new one for their relatives to provide an attested tenancy contract along with a power bill in.
This, according to the Ministry of Interior, is intended to build a reliable housing database for the expatriate population. The law is now applicable to bachelors as well those who were earlier “temporarily exempted”. This regulation has a direct impact on expatriates living in apartments or villas on a sharing basis...............................................Full Article: Source
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