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Dubai has changed the rules for the golden visa, removing the need for a minimum down payment of Dirhams one million. Now, investors just need to buy property worth Dirhams two million or more to qualify. This change aims to make the golden visa more accessible and boost the real estate market. Previously, a minimum down payment was required for properties bought through a mortgage or installment plans to be eligible for the golden visa.

Vinayak Mahtani, CEO of bnbme holiday homes, shared the news on LinkedIn, saying this opens up new opportunities for investors. Properties worth Dirhams two million can now get a golden visa, regardless of their status, as reported by Arabian Gulf Business Insight (AGBI).

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