I read it somewhere that according to the new law changes Expatriates(people who stay or work in other countries other than their own (legal) country) can now buy properties in Dubai. And if you buy a property in Dubai, you would automatically get a right to a three year renewable residency permit. And their is no income tax and property tax.

Oh, life looks very promising in Dubai now. I should complete my studies soon and go to Dubai to enjoy my life . But the only problem is the properties are too expensive for me to buy, so is the cost of living .

Nice that people not putting up in Dubai can now thinking of buying property there.But the fact remains that prices are sky high and it is though not impossible but little difficult to acquire a piece of land there.

Its about time they allowed this. It sucked before when the property was only allowed to be bought by arabs. I do not think its fair. They should be like other countries where you are allowed to make land investments. So I am glad they started allowing others to purchase property. But I can't believe it took so long for this to happen.