Real-Estate Investor Visas in Dubai
One thing that makes Dubai a primary destination of choice for property buyers is the visa rules, which is a large benefit of all. The Dubai government has revised is revising and implementeding the visa policy with the aim to retain investor confidence, apart from increasing the flow of FDI into the market.
3 year residency visa
Available to individuals who have purchased a property of AED 1 million (260.000 EUR) or more.
5 year residency Visa
The owner of a property or a group of properties is granted a Golden Visa for a period of 5 years, renewable on the same conditions and without a sponsor if one of the following conditions is met:
1- Submission of a letter from the Real Estate Registration Department in Dubai Emirate stating that the investor owns one or more properties whose value is not less than AED (2) two million (520.000 EUR), stating that the property is not subject to a loan.
2- The value of these real estate investments is permitted to be a loan for what exceeds the value of AED (2) two million (520.000 EUR).
3- Conditions for granting a Golden Visa to family members of a Real Estate Investor: The family members of the Real Estate Investor stated in the Cabinet Resolution (husband or wife and children from the category of unmarried daughters and unmarried sons) are granted a Golden Visa for a period of 5 years.
10 year Residency Visa
For investors who are investing more AED 10 million (2600.000 EUR) (minimum of 40% in Property), they are considered eligible for the 10 year residency visa. You have to provide ample proof that the amount invested is not financed or loaned and you will further have to retain the investment for a period of 3 years.
Being an investor with a 10-year visa will include an executive director, and an advisor apart from family members and dependents.
The visa can be extended to include business partners if they are further interested to contribute an amount of AED 10 million (2600.000 EUR).
Dubai Property Investor Residency Visa Fees:
5 years golden visa:
Residency fees (2280 AED)
ID fees (575 AED)
10 years golden visa:
Residency fees (2790 AED)
ID fees (1070 AED)
Investor Visas are only made available for freehold and residential properties. Properties that offer residency visa includes: Residential and Serviced Apartments, Hotel Apartments, Villas & Townhouses, Offices & Warehouses.
Property types that do not offer any visa include disputed & leaded properties, and land-plots. Visa has to be applied after signing of the title deed when the property is finished.