More than 65,000 ‘potential real estate investors’ in Dubai

More than 65,000 ‘potential real estate investors’ in Dubai

The Dubai real estate sector is expected to revive swiftly benefiting from attracting more than 65,000 people who received the golden visa, opined real estate expert Walid Al Zarooni, CEO of Dubai-based real estate brokerage W Capital.

Global research says that Dubai is expected to attract a large share of the citizenship market through global investment, which is expected to grow five-fold to $100 billion by 2025.

Al Zarooni said that golden card holders are always potential investors for Dubai real estate, and each of them may be planning to buy a property for himself and his family. This means huge economic returns on the golden card that result from the activity of multiple sectors such education, consumer expenditure and health.

He said the goal of the UAE Golden Residency Visa, like other types of visas, is to attract independent entrepreneurs and business talents, to enhance the local economy, support diversity and economic growth, and attract exceptional minds and talents to be permanent partners in the UAE development process. This vision will work to improve the UAE's position as a global incubator for innovation and talent.

Integrated role

Al Zarooni stressed that the golden visa in the UAE and residency permits for retirees play an