Some master developers in Dubai have removed a clause from contracts with investors that guarantees them residency visas if they buy a property, it was claimed on Tuesday.

Emaar Properties has sent notices to sub-developers to hold off on processing residency visas until further notice, UAE daily Emirates Business reported, quoting an unnamed developer.

"There was a clause in our previous contracts that assured us that master developers will guarantee residence visa. The clause has now been removed," the developer said.

No visa guarantee for investors - report - Real Estate - ArabianBusiness.com