Categories: Lifestyle

Retirees – What property should they buy to get a visa

Real estate for retirees, retirement visa in Dubai, criteria for a retirement visa in the UAE, attractive areas for retirees.

Thousands of wealthy retirees want to buy property in Dubai for permanent residence. Sheikh Mohammed bin Rashid Al Maktoum has launched the Retire in Dubai. This program gives the opportunity for retirees to get residence permits for five years. They can move to Dubai with their families without any problems. If you want to know how retirees live in Dubai and what kind of real estate they need to buy in order to get a visa, then read this article.

Dubai offers retirees a comfortable life. There are qualified medical institutions in the UAE. Moreover, Dubai is safe and has excellent living conditions. Here you can get home care, which is important for elderly people. In addition, retirees can easily travel to Asia and Europe. Dubai is a perfect place to live in retirement.

Criteria for a retirement visa

To become a participant in the program, a retiree should:

– reach the age of 55 and get a retiree status;

– have an income of AED 20,000;

– have savings of AED 1,000,000;

– have a property of AED 2,000,000.

In order to have an income of AED 20,000, it is reasonable to invest in several villas worth AED 1,100,000.

Flats with a various number of bedrooms can also bring a similar benefit. Alternatively, you can invest in hotel apartments, where an ROI is guaranteed. The Dubai real estate market has its ups and downs, but the market value always increases.

Areas for retirees

There are some places in Dubai, which are convenient to buy a property worth AED 2,000,000 and obtain a retirement visa.

Dubai Marina

You can buy a two-bedroom apartment with a sea view in Dubai Marina for AED 2,000,000.

Palm Jumeirah

There are areas in Palm Jumeirah, where you can buy a three-bedroom apartment or a two-bedroom apartment on the top floor with a panoramic view.

The Springs

If you want to live in one of the most popular and greenest territories of Dubai, then you have to move to The Springs. It is a green and pet-friendly place, which is close to Dubai Marina.

Arabian Ranches

In Arabian Ranches, you can buy a townhouse with three bedrooms, a private room, and a large garden, which is relevant in the post-COVID era.

Downtown Dubai

If you want to live near the famous Dubai Fountains and Burj Khalifa, then you’ve found what you need! In Downtown Dubai, you can purchase a two-bedroom apartment.

Assistance in buying real estate in the UAE!

It is better to choose real estate in the UAE with specialists. AX Capital will tell you all the visa details. You will be able to make your choice and order real estate in Dubai.

Find an ideal property in the UAE today!

Brand Buzz
Published by
Brand Buzz

Recent Posts

Entrepreneur Syed Usama Bukhari, aka Syeddubai thrives on innovations and a strong self-belief

As a branding expert, PR manager, and rising name in real estate and automobile, Syeddubai… Read More

20 hours ago

Clever Fox Publishing Invites You to Discover the joy of parenting with Give Your Child Wings by Swati Gupta

Even though parenting is described as one of the most rewarding journeys, it is indeed… Read More

20 hours ago

Matthew Denegre on the Art of Deal Sourcing: Finding the Right Investment Opportunities

Successful deal sourcing is a cornerstone of investment planning, influencing everything from the quality of… Read More

24 hours ago

Gregory Thoke’s Top Ski Resorts in Fort Collins, Colorado

Fort Collins, Colorado, is a gateway to unforgettable winter experiences, offering an ideal blend of… Read More

1 day ago

David Kircus: Building a Winning Sales Team Using a Professional Athlete Mentality

Success in sales and professional sports share striking similarities, from the mindset required to the… Read More

1 day ago

LGCT Debuts on Gate.io: Legacy Network Scales Gamified, AI-Powered Learning Globally

As blockchain continues to shape new frontiers across industries, few sectors are as ripe for… Read More

2 days ago