Property in Dubai worth at least 2 million AED, Multiple properties will be accepted under the applicant’s name.
In case the property purchased through Developer or Bank mortgage, statement of account from developer or Bank NOC to proceed with the Residence visa application.
Person must be inside UAE.
Husband and wife can participate in one property (marriage certificate is required attested from MOFA and legally translated to arabic).
In case the property joint between Husband & Wife, and the value is less than 4 million, only one person will be eligible to apply for the golden visa then sponsor the other person(property share must be equal between both parties. In case the shares are not equal, highest share holder will only allow to apply as primary visa holder then sponsor other party (Spouse).
Title deeds owners can apply for Golden residence visa application if the market value exceeds 2 million (official evaluation certificate is mandatory).
Title deed jointly between partner is acceptable (applicant share should be minimum 2 million).
The applicant’s name in the title deed must be matching with the name in the passport.
As part of the application requirements, you must own a property in the UAE worth at least AED 750,000.
If the property is mortgaged, a NOC from the bank / developer is required, along with the property mortgage statement, and it must specify the entire paid amount and the remaining amount.
In case the property joint between Husband & Wife, property share must be equal between both parties. In case the shares are not equal, highest share holder will only allow to apply as primary visa holder then sponsor other party (Spouse).
The investor must invest in a property of a gross value of not less than AED2 million.
The amount invested in real estate can be with a loan from certain local banks.
The property must be retained for at least two years.
The investor buys one or more off-plan properties of no less than AED2 million from approved local real estate companies.