How can property owners in Dubai become eligible for a Golden Visa?

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.

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