{"id":30707,"date":"2025-08-19T07:08:09","date_gmt":"2025-08-19T07:08:09","guid":{"rendered":"https:\/\/elite-bricks.com\/?p=30707"},"modified":"2025-08-19T07:08:12","modified_gmt":"2025-08-19T07:08:12","slug":"uae-golden-visa-professionals-set-to-drive-dubai-property-market-says-danube-chief","status":"publish","type":"post","link":"https:\/\/elite-bricks.com\/it\/2025\/08\/19\/uae-golden-visa-professionals-set-to-drive-dubai-property-market-says-danube-chief\/","title":{"rendered":"UAE: Golden Visa professionals set to drive Dubai property market, says Danube chief"},"content":{"rendered":"<p>The latest figures released by the authorities in Dubai showed that the number of 10-year residency permits issued in all categories reached 158,000 in 2023<\/p>\n\n\n\n<p>UAE professionals holding a\u00a010-year Golden Visa\u00a0will be among the key drivers of Dubai\u2019s property market in the coming years, according to Rizwan Sajan, chairman of Danube Properties.<\/p>\n\n\n\n<p>\u201cMany medical professionals in the UAE have either received or qualify for the Golden Visa,\u201d Sajan told&nbsp;<em>Tempi di Khaleej<\/em>.<\/p>\n\n\n\n<p>&#8220;As a result, many are choosing to invest in Dubai property and remain in the country, both for their careers and retirement. This makes investing in Dubai real estate a logical decision for them,\u201d he added.<\/p>\n\n\n\n<p>Sajan, an industry veteran, spoke during a recent open day event for doctors and healthcare professionals in the UAE, which featured a discounted payment plan for attendees.<\/p>\n\n\n\n<p><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/imgengine.khaleejtimes.com\/khaleejtimes-english\/2025-08-18\/wr0612ej\/Rizwan-Sajan-Bayz102.JPG?width=1200&amp;height=800&amp;format=auto\" alt=\"Rizwan Sajan\" height=\"2304\" width=\"2643\"><\/p>\n\n\n\n<p>Rizwan Sajan<\/p>\n\n\n\n<p>Introduced after the Covid-19 pandemic, the UAE has been offering a Golden Visa to healthcare professionals.<\/p>\n\n\n\n<p>According to Abu Dhabi\u2019s Department of Economic Development, applicants should have a minimum of 5 years\u2019 experience in the UAE, valid practicing licence, and a bachelor\u2019s degree or equivalent.<\/p>\n\n\n\n<p>In addition, professionals working in science and research, IT, engineering, education, and other skilled fields are eligible for a 10-year residency permit.<\/p>\n\n\n\n<p>The Golden Visa scheme has seen growing demand since its launch in 2019, offering long-term stability for expat residents and investors who wish to live, work, and retire in the UAE.<\/p>\n\n\n\n<p>The latest figures released by the authorities in Dubai showed that the number of Golden Visas issued in all categories reached 158,000 in 2023, up from 79,617 in the previous year.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Rally to continue<\/h3>\n\n\n\n<p>The Dubai-based billionaire remains optimistic about the local property market and expects prices continue to rise over the next few years, provided there are no geopolitical tensions in the region.<\/p>\n\n\n\n<p>He added that buyers are unlikely to find current property prices in Dubai after two years, as values are expected to appreciate.<\/p>\n\n\n\n<p>\u201cI believe prices will rise as the influx of people to Dubai continues to grow. The upcoming integrated gaming resort at Al Marjan in Ras Al Khaimah will also be a significant development for the local property and hospitality markets,\u201d he said. He added that, barring any geopolitical issues, Dubai property prices are likely to trend upward over the next four to five years.<\/p>\n\n\n\n<p>\u201cPrices in central areas like Downtown, Business, Al Furjan, Silicon Oasis, Sports City, all the centrally located places will go up and up. Plots that we bought two years ago cost four times more. Similarly, construction companies are paying up to 60 per cent higher prices because of the rising cost of construction material.\u201d<\/p>\n\n\n\n<p>Sajan predicts annual property price increases of 15\u201320 per cent over the next four to five years in key areas such as Downtown Dubai, Business Bay, Al Furjan, Silicon Oasis, and Dubai Sports City. He also noted that land purchased two years ago is now worth four times more, and construction costs have surged by up to 60 per cent due to &#8220;the rising cost of construction material&#8221;.<\/p>\n\n\n\n<p>\u201cAll the projects that we launched over the last 2-3 years in JVC, Silicon Oasis, and other communities have seen 25-35 per cent capital appreciation. The prices that are available today will definitely not be the same rate in 2-3 years as they will appreciate,\u201d he said.&nbsp;<\/p>\n\n\n\n<p><strong>Source: Khaleej Times<\/strong><\/p>\n\n\n\n<p><strong>Published: 18 August 2025<\/strong><\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>The latest figures released by the authorities in Dubai showed that the number of 10-year residency permits issued in all categories reached 158,000 in 2023 UAE professionals holding a\u00a010-year Golden Visa\u00a0will be among the key drivers of Dubai\u2019s property market in the coming years, according to Rizwan Sajan, chairman of Danube Properties. \u201cMany medical professionals [&hellip;]<\/p>","protected":false},"author":7,"featured_media":30709,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3815,403,4042,4040,4041],"class_list":["post-30707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-danube-properties","tag-dubai-property-market","tag-dubai-residency-program","tag-golden-visa-uae","tag-uae-real-estate-investment"],"_links":{"self":[{"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/posts\/30707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/comments?post=30707"}],"version-history":[{"count":0,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/posts\/30707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/media\/30709"}],"wp:attachment":[{"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/media?parent=30707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/categories?post=30707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/tags?post=30707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}