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Does the New Law for Elderly Citizens Attract Foreign Investors?

Are more developers working on bringing purpose-built retirement home projects to the UAE after the new law?

As the law has just recently been announced that it’s a bit early to see any developers launching any purpose-built projects. However, it is definitely on top of their radar compared to previously and especially when there are over 150,000 residents aged 55 and over who need to be catered for. There is definitely a case for purpose built retirement homes and will expect to see developers jumping into this category very soon.

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