Latest news with #AkashPuri
India.com
08-07-2025
- Business
- India.com
Want to buy a house in Dubai? Check the prices here; a 1 BHK flat near Burj Khalifa will cost Rs....
Dubai- File image Price of flats in Dubai: If you are someone who is planning to buy a home in Dubai, we have got details which will help you in the process. As per media reports, if you're planning to buy a 1 BHK home in Dubai, you need to spend between Rs 80 lakh to Rs 1 crore. In addition to this, mid-range and premium locality flats can also be purchased at varying prices across Dubai. Here are all the details you need to know about the prices of flats in Dubai. What's the cost of premium flats in Dubai? As per a report by Aaj tak, one can find flats in mid-range localities such as Dubai Science Park or Dubailand, with prices ranging from Rs 1.8 crore to Rs 2.3 crore. Also, if you increase your budget, you can buy flats at popular zones like Dubai Marina and Jumeirah Beach starting from Rs 2 crore and going up to Rs 5 crore. Also, if you want to buy a flat near Burj Khalifa, the price of 1BHK flat here is Rs 3.73 crore. Readers should note that the prices vary significantly based on the location and amenities. Why UAE's new Golden Visa norms marks a significant shift for Indian investors? The recent overhaul of the UAE's Golden Visa marks a significant shift in the country's residency landscape, industry experts recently said. The new framework is more inclusive and strategically aligned with the UAE's long-term vision. The nomination-based Golden Visa programme will allow foreign citizens, including Indians, to have a lifetime residency by paying a fixed amount of AED 1,00,000 (approximately Rs 23.3 lakh). According to Akash Puri, Director International, India Sotheby's International Realty, this change brings a two-pronged impact for Indian real estate investors. 'For Indian investors, this is a cue to recalibrate: from residency-led transactions to value-led strategies. Over time, this evolution could establish a more stable, resilient real estate market — one that rewards strategic, long-term participation over short-term speculation,' Puri emphasised. (With inputs from agencies)
NDTV
07-07-2025
- Business
- NDTV
UAE's New Golden Visa Rule Marks Significant Shift For Indian Investors
New Delhi: The recent overhaul of the UAE's Golden Visa marks a significant shift in the country's residency landscape, industry experts said on Monday. The new framework is more inclusive and strategically aligned with the UAE's long-term vision. The nomination-based Golden Visa programme will allow foreign citizens, including Indians, to have a lifetime residency by paying a fixed amount of AED 1,00,000 (approximately Rs 23.3 lakh). According to Akash Puri, Director International, India Sotheby's International Realty, this change brings a two-pronged impact for Indian real estate investors. Historically, property investment was one of the few avenues to secure long-term residency, prompting a surge of interest from Indian investors seeking both capital preservation and immigration benefits. "With the visa now accessible through broader channels, the urgency to invest solely for residency purposes is likely to ease - particularly in the mid-market and entry-level segments. This could cool speculative buying and encourage more grounded investment behaviour," said Mr Puri. Investors who remain committed to the UAE property market - driven by rental yields, lifestyle advantages, or diversification - will now place greater emphasis on fundamentals like location, developer credibility, and long-term value. Luxury and trophy assets will continue to appeal to ultra-HNWIs, who are largely unaffected by the new professional-centric criteria. "For Indian investors, this is a cue to recalibrate: from residency-led transactions to value-led strategies. Over time, this evolution could establish a more stable, resilient real estate market - one that rewards strategic, long-term participation over short-term speculation," Mr Puri emphasised. The initiative brings ease for foreign citizens, aiming to settle down in the middle east nation. Earlier, for a 10-year renewable residency visa, one has to invest 2 million AED (about Rs 4.7 crore) in local real estate in the UAE. The UAE government is yet to issue any official notification regarding the new Golden Visa programme. According to reports, India and Bangladesh are on the list for the first phase of the project, allowing over 5,000 applications to apply for a golden visa in three months.
Hans India
07-07-2025
- Business
- Hans India
UAE's new Golden Visa norms mark a significant shift for Indian investors
New Delhi: The recent overhaul of the UAE's Golden Visa marks a significant shift in the country's residency landscape, industry experts said on Monday. The new framework is more inclusive and strategically aligned with the UAE's long-term vision. The nomination-based Golden Visa programme will allow foreign citizens, including Indians, to have a lifetime residency by paying a fixed amount of AED 1,00,000 (approximately Rs 23.3 lakh). According to Akash Puri, Director International, India Sotheby's International Realty, this change brings a two-pronged impact for Indian real estate investors. Historically, property investment was one of the few avenues to secure long-term residency, prompting a surge of interest from Indian investors seeking both capital preservation and immigration benefits. 'With the visa now accessible through broader channels, the urgency to invest solely for residency purposes is likely to ease — particularly in the mid-market and entry-level segments. This could cool speculative buying and encourage more grounded investment behaviour,' said Puri. Investors who remain committed to the UAE property market — driven by rental yields, lifestyle advantages, or diversification — will now place greater emphasis on fundamentals like location, developer credibility, and long-term value. Luxury and trophy assets will continue to appeal to ultra-HNWIs, who are largely unaffected by the new professional-centric criteria. 'For Indian investors, this is a cue to recalibrate: from residency-led transactions to value-led strategies. Over time, this evolution could establish a more stable, resilient real estate market — one that rewards strategic, long-term participation over short-term speculation,' Puri emphasised. The initiative brings ease for foreign citizens, aiming to settle down in the middle east nation. Earlier, for a 10-year renewable residency visa, one has to invest 2 million AED (about Rs 4.7 crore) in local real estate in the UAE. The UAE government is yet to issue any official notification regarding the new Golden Visa programme. According to reports, India and Bangladesh are on the list for the first phase of the project, allowing over 5,000 applications to apply for a golden visa in three months.
News18
07-07-2025
- Business
- News18
UAE Rolls Out New Golden Visa: How Will It Impact Indian Real Estate Investors?
Last Updated: Here's how the latest Golden Visa rule changes could reshape the investment patterns of Indian real estate buyers in the UAE. Golden Visa UAE New Update: In a major policy shift, the United Arab Emirates (UAE) has revamped its coveted Golden Visa program, making it significantly more accessible to professionals, digital creators, healthcare workers, and other skilled individuals from around the world, including India. Under the new model, eligible individuals can now obtain long-term residency in the UAE through a one-time fee and a successful nomination — without needing to invest in real estate, hold a trade license, or secure sponsorship. Here's how the latest Golden Visa rule changes could reshape the investment patterns of Indian real estate buyers in the UAE. Previously, to qualify for the UAE's 10-year Golden Visa, individuals had to make a minimum real estate investment of AED 2 million (about Rs 4.7 crore). This investment-based model positioned the property market — especially in Dubai and Abu Dhabi — as a key entry route for long-term residency. Under the revised framework 2025: The new model shifts focus from capital investment to talent and innovation, making it easier for mid-income individuals — including Indian professionals, teachers, nurses, and digital entrepreneurs — to qualify. The UAE Golden Visa is a long-term residency visa (typically 10 years) granted to individuals who contribute significantly to the country's economy or society. Who Is Now Eligible? The updated Golden Visa program now includes a broader range of professional categories. Eligible applicants include healthcare workers (nurses with over 15 years of service); teachers and academic staff; digital content creators, YouTubers, and podcasters; e-sports professionals; luxury yacht owners and maritime executives; outstanding students and graduates from top-ranked global universities; entrepreneurs with startups valued at AED 500,000 or more; and individuals with skills in AI, sustainability, climate tech, and creative arts. This inclusivity signals a shift from investment-heavy entry routes to recognition of professional merit and potential economic contribution. What It Means for Indian Real Estate Investors The policy change is expected to have an impact on Indian investors in the UAE's real estate market. Akash Puri, director international, India Sotheby's International Realty, said, 'The recent overhaul of the UAE's Golden Visa marks a significant shift in the country's residency landscape. The new framework is more inclusive and strategically aligned with the UAE's long-term vision." He said that for Indian real estate investors, this change brings a two-pronged impact: Firstly, property investment was one of the few avenues to secure long-term residency, prompting a surge of interest from Indian investors seeking both capital preservation and immigration benefits. With the visa now accessible through broader channels, the urgency to invest solely for residency purposes is likely to ease — particularly in the mid-market and entry-level segments. This could cool speculative buying and encourage more grounded investment behaviour, he added. Secondly, investors who remain committed to the UAE property market-driven by rental yields, lifestyle advantages, or diversification, will now place greater emphasis on fundamentals like location, developer credibility, and long-term value. Luxury and trophy assets will continue to appeal to ultra-HNWIs, who are largely unaffected by the new professional-centric criteria. 'For Indian investors, this is a cue to recalibrate: from residency-led transactions to value-led strategies. Over time, this evolution could establish a more stable, resilient real estate market—one that rewards strategic, long-term participation over short-term speculation," Puri said. The removal of real estate as a mandatory entry route for residency could reduce speculative demand, particularly in the lower and mid-income property segments. However, the UAE real estate market still holds appeal for Indian HNIs and investors looking at rental income, capital appreciation, or lifestyle migration — just no longer as a residency necessity. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! tags : golden visa real estate Location : New Delhi, India, India First Published: July 07, 2025, 15:35 IST News business » real-estate UAE Rolls Out New Golden Visa: How Will It Impact Indian Real Estate Investors?
