The ""lock in"" effect refers to the tendency of property owners with Golden Visas to stay in Dubai longer. Since their residency is tied to their property investment they are less likely to leave during minor economic downturns compared to renters…
The ""lock in"" effect refers to the tendency of property owners with Golden Visas to stay in Dubai longer. Since their residency is tied to their property investment they are less likely to leave during minor economic downturns compared to renters who can easily relocate. This creates a more stable population of residents who view Dubai as their permanent home reducing market volatility and supporting long term property values and community stability.
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