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Dubai’s Emaar Properties PJSC denied reports that it’ll provide 10-year visas to investors in some of its projects.
“The issuance of visas falls under the purview of the concerned authorities and Emaar does not have any role regarding the same,” the company said in a statement.
Al Bayan newspaper reported on Tuesday that the developer will offer 10-year visas to buyers in six residential projects under development, citing unidentified people familiar with the matter. It said the incentive was part of a stimulus package announced by the UAE in June to attract more investors.