DLD hands out long term residency visas to 20 investors

WAM

The Dubai Land Department (DLD) has handed out five-year UAE residency visas to 20 investors.

The individuals belong to a dozen different nationalities, with their value of direct real estate investments collectively exceeding AED 200 million.

The 20 investors were given their long term visas in coordination with the General Directorate of Residency and Foreigners Affairs (GDRFA).

Officials say their individual investments in the local real estate market surpass AED 5 million each. 

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