Can I get Dubai citizenship if I buy a house?
It is not possible to buy citizenship directly. However, you can buy property in the UAE as an investor, which can lead to citizenship. Certain professions may also be eligible if they can prove their qualifications.
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Is it profitable to invest in real estate in Dubai in 2023?
Yes, investing in Dubai real estate is profitable. The market is known for its stability and profitability. The city's real estate market is expected to remain active in the coming years, with new residential and commercial properties equipped with the latest technology.
Sales and purchase transactions worth AED 59.15 billion
From April to June 2022, 22,504 sales and purchase transactions were registered in Dubai. The total transaction value was AED 59.15 billion or US$16.1 billion. The real estate sales volume in Dubai in 2022 increased by 45.9% compared to the same period in 2021.
