The Dubai real estate sector is set to revive quickly, pushed up by investments from 65,000 people received the golden visa, Real estate expert Walid Al Zarooni states, Invest-Gate reports.

The emirate is expected to attract a large share of the citizenship market through global investment, with this market expected to grow five-fold to $100 bn by 2025.

Golden card holders are potential investors for Dubai real estate, creating huge economic returns on the golden card.

The UAE Golden Residency Visa aims to attract entrepreneurs and business talents to enhance the local economy, support diversity, and attract exceptional minds and talents to be permanent partners in the UAE’s development process.

Dubai aims to increase its population to 5.8 mn people by 2040, with the goal of enhancing its population growth and attracting investors with high net worth and skills.

Investors can obtain a Golden Visa upon full ownership of a property worth at least AED 2 mn ($540,000), with an advantage of obtaining the golden residency when buying the property with a loan from a specific group of UAE banks.

The demand for golden residency visa programs in the UAE is high, with the recent expansion of the residency programs to accept visa applicants from various sectors, including entrepreneurship, science, healthcare and many others.