What are the requirements for getting a UAE Golden Visa through property investment?

The UAE Golden Visa offers long-term residency to investors who meet specific real estate ownership criteria. Through property investment, eligible individuals can apply for a 10-year renewable Golden Visa.

Key Requirements:

1. Minimum Property Value:

   • You must own property worth at least AED 2 million in the UAE.

   • The property can be residential, commercial, or a mix.

   • Multiple properties can be combined to meet the threshold.

2. Ownership Status:

   • The property must be fully paid or mortgaged with at least AED 2 million equity (i.e. paid portion of the loan).

   • Off-plan properties may be eligible if the developer and value meet DLD criteria.

3. Title Deed:

   • A valid title deed registered with the Dubai Land Department (DLD) is required as proof of ownership.

4. Applicant Must Be in the UAE:

   • You must be physically present in the UAE at the time of application.

5. Health and Background Requirements:

   • Medical fitness test

   • Valid health insurance

   • Clean criminal record

6. No Minimum Stay Requirement:

   • Unlike many residency programs, there is no minimum annual stay requirement to maintain the Golden Visa.

Additional Notes:

• Golden Visas are issued for 10 years and are renewable, provided the investment criteria continue to be met.

• Property investors can also sponsor family members, including spouse, children, and in some cases, household staff.

Property owners in Dubai are eligible for a Golden Visa if the current market value of their property exceeds AED 2 million. The property's value must be verified through an official property evaluation from the Dubai Land Department (DLD).

If the property was purchased using a mortgage—either from a bank or directly through a developer—a Statement of Account from the bank or developer, along with a No Objection Certificate (NOC), must be provided to proceed with the residence visa application.

For off-plan properties, eligibility is determined on a case-by-case basis by the DLD. It's not solely about the amount paid to the developer; the completion status of the project plays a significant role. The property must be valued at AED 2 million or more, and applicants must also provide the Oqood certificate as part of the documentation.

Contact us at fäm Conveyancing to apply for your Golden Visa today.