Skip to content

Connecting business. Building understanding. Advancing peace.

Daily BriefVerify a certificateDue Diligence
Become a Member

Real Estate & Construction

Property, infrastructure, engineering and materials

Policy & Legal Updates
Source: TNT Magazine

Dubai Property Route to Golden Visa Outlines AED 2 Million Threshold and Terms

Foreign buyers in Dubai can obtain a 10-year Golden Visa by investing at least AED 2 million in one or more properties, including off-plan units from approved developers. According to TNT Magazine, mortgaged properties qualify if a bank confirms AED 2 million has been paid, with published processing fees around AED 9,885. Holders can sponsor family and remain outside the UAE for more than six months without losing residency.

Industry News
Source: bloomberg.com

China Expands Property Support as Developer Losses and Mortgage Risks Persist

China's property market slump has dragged on for five years, with falling values and mounting debt straining developers and households. Government-backed developer China Vanke reported a record 89 billion yuan loss, while China Evergrande was delisted from the Hong Kong stock exchange. In response, Chinese authorities have introduced mortgage interest subsidies and relaxed municipal purchase rules as falling values push millions of mortgages underwater.

Industry News
Source: thenationalnews.com

Aldar and Arada Sign Dh15 Billion Real Estate Partnership in Abu Dhabi

Aldar and Sharjah-based developer Arada have partnered on housing and mixed-use projects in Abu Dhabi valued at approximately Dh15 billion ($4 billion). The agreement includes a joint venture master community at Seih Sdeirah and Arada's acquisition of three residential plots on Yas Island. The deal marks Arada's first development presence in the Abu Dhabi market.

The UECN Brief

Policy updates, China–UAE business news and industry insights, delivered to your inbox.

Language
Subscriptions

Double opt-in: we send a confirmation link. Unsubscribe at any time. Privacy