Dubai government officials have answered the call from property investors around the world calling for an extension to Dubai Property visa Laws, Many property investors have called for the strict visa regulation to be relaxed on Tuesday the federal cabinet agreed to extend visas to 3 years from the current 6 months.

With the Dubai Property market reaching bottom and with a lot of recent positive press this decision is certainly give a boost to the market particularly over the next few months which is typically quite due to the summer heat.

Pre 2008 visa were offered by property developers on every property purchases but in an attempt to bring some control this was stopped in favour of government controlled visa system aimed at controlling who was entering the country and so forth, timing was not good with the effects of the world financial crisis having devastating effect on the Dubai Market.

A preliminary visa was brought in for property purchases over 1m aed which was renewable every 6 months and valid for 3 years based on set criteria of sustainable income.

It will take a number of months for the effect to work its way through the market

Dubai News bringing you daily news from around Dubai also see our extensive availability of Dubai Apartments for Sale we offer Properties in all areas of Dubai from Dubai Marina, Palm Jumeirah and downtown as well as outer lying villas developments