Investors in the secondary housing market in Dubai in 2023 will have benefits from a large amount of people willing to sell homes.
This will help maintain the growth of the Dubai real estate sector in the long term due to the good market situation, the strong performance of the Emirates economy and the image of Dubai as a safe and attractive investment area, as well as new changes in legislation.
The new changes contain the rules for obtaining a golden visa in the UAE and a residence permit for retirees. Together, these reforms can attract even more investment to the country. There are plenty of reasons for local residents to invest in the country, and non-residents are given the opportunity to make the Emirates their second home.
According to the data, by 2040, the population of Dubai will increase from 3.5 million to 5.8 million people, which will bring a lot of profit for future homeowners.