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There are two different type of residencies
A) Three-year residency on a property whose worth is AED at least 750,000 and a Five-year residency on a property whose worth surpasses AED 2 million.
A base property estimation of AED 2 million (completely paid, not sold) (beyond what one property can be acknowledged) under the candidate’s name.
The individual should be in the UAE.
Requirement for 5 years residency
Taking a clinical wellness test.
Briefly suspending or dropping the family residency.
Cancelling the candidate’s visa.
Giving of a residency and Emirates ID (for 5 year)
Lifting the temporary suspension of the family residency.

Family members can be sponsered by the investor who have purchased the property

Even if the property is under contruction you can apply for the residence visa as long as your investment amount have been paid which is 750,000 or 2 million Dirhams.

AUGUST 2022 RECORDS THE HIGHEST SALES TRANSACTIONS WORTH AED 24.34 BILLION IN LAST 10 YEARS

August grandstand a positive opinion on the land area with a record development in the complete deals exchanges. During the period of August 2022, deals exchanges surpassed last year’s exchange with a critical increment of 69.57 percent contrasted with August 2021, which recorded the best execution for a month at any point kept over the most recent 10 years.

The auxiliary market keeps on catching the housing market with the biggest exchanges by 54.81 percent regarding volume and 64.91 percent concerning esteem. Contrasting the general year on year execution with a similar period last year the optional market saw the second most noteworthy exchange volume at any point arrived at in a month through the last ten years which expanded by 67.55 percent as far as volume contrasted with August 2021, and around 57.35 percent regarding esteem.

The off-plan deals exchanges accomplished the most noteworthy exchanges volume in August 2022 and kept a huge increment by 72.10 percent with regards to volume, and 76.50 percent concerning esteem, contrasted with August 2021.

Then again, the all out tenant agreements in August 2022 arrived at 47,212 enrolled leases of which 60.53 percent were new agreements while 39.47 percent were recharged. Yearly agreements procured 87.27 percent of the complete agreements while 12.73 percent were non-yearly. Furthermore, the enlisted leases for private purposes obtained 70.92 percent of the absolute agreements, while 28.16 percent were enrolled for business purposes.

August’s tenant agreements stayed solid and saw a 10.57 percent expansion, upheld by the new agreements which expanded by 19.43 percent contrasted with July 2022. The yearly agreements keep on ruling the rental market and developed by 12.29 percent contrasted with July 2022 and 4.4 percent Year-on-Year, while the rental leases for business purposes saw an increment of 21.34 percent contrasted with July 2022. In addition, the rental leases for private purposes expanded by 7.45 percent contrasted with July 2022.

Many areas in Dubai which are considered to be family only ,Its not allowed to rent for Bachors,authorities will be checking the buildings to enforce rules for the safety and comfort in the society.

Be Careful of new speed limit on major UAE Road from 26th september it will be presently in Abu dhabi

Sheikh Zayed bin Sultan Road (Al Qurm Street), from Sheikh Zayed Bridge to Qasr Al Bahr intersection in both directions, will be reduced to 100km/h.

Dubai land Department have given two weeks of time to list all cohabitants in apartments.

If you are already registered with Dubai Land Department
Please follow the below steps to manage your co-occupant

• Proceed to the login screen
• Choose your role as Individual and then login with UAE PASS for quick access
• From the Dashboard, select the property where you are an owner or tenant
• Select Manage Co occupants to proceed then
• Select Add More to add more Co-Occupants to the selected property
• Enter the Emirates ID and then Date of Birth of the Co-Occupant and select Verify
• Add all the members of the family who are living in that property. To remove a Co-occupant, select the delete icon and submit.