UAE property: 'Could the Strait of Hormuz situation affect property prices or is the risk overstated?' (opens original article in a new tab)

Disruptions in the Strait of Hormuz may increase construction costs and affect property prices in the UAE, while the Golden Visa offers a 10-year residence permit for property investors.

• The Strait of Hormuz disruption affects shipping routes, leading to increased construction costs and potential impacts on property prices.
• Rerouted and delayed building materials increase costs, which may be passed to consumers through higher prices or thinner margins.
• The UAE's Golden Visa requires property purchases of at least Dh2 million for a 10-year residence permit, with specific conditions for mortgage and ownership.