Private Office Report - Flipbook - Page 31
Summary
The UAE’s growing cultural capital on the world stage has made the market attractive for luxury real estate investment. Across
the emirates lifestyles are associated with innovation and luxury, o昀昀ering a昀툀uent buyers access not only to a business and
tax-friendly environment but to world-class education, healthcare and cultural cachet. The UAE is particularly attractive for
foreign buyers seeking better wealth and asset protection as well as secure residency visa options. The UAE’s Residence by
Investment programme grants real estate investors access to a 10-year residence visa at a very reasonable minimum property
investment of AED 2 million (USD 550,000). While buyers in the UAE are looking for lifestyle improvements, buyers were more
motivated by access to community amenities and wellness & health aspects as opposed to outdoor living. This is at least in part
explained by the highly-built up urban environments of Dubai and Abu Dhabi. That having been said, waterfront properties and
homes with outside space remained in high demand as has been observed across the rest of the world.
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