Dubai has become one of the most sought-after destinations for investors and expatriates who wish to live, work, and grow their wealth in the UAE. Among the many benefits of buying property in Dubai, one of the most attractive is the opportunity to obtain a UAE residency visa through real estate investment. If you’re planning to purchase property and secure your residency, this guide will walk you through everything you need to know.
A property visa in Dubai is a residency permit granted to foreign investors who purchase real estate in the city. This visa allows you to legally reside in the UAE, sponsor your family members, and enjoy several privileges like opening a local bank account and obtaining an Emirates ID.
To qualify, you must meet certain requirements. The property must be worth at least AED 750,000 for a 2-year visa or AED 2 million for a Golden Visa of 10 years. It should be completed and ready for handover, not off-plan. Only residential properties such as apartments, villas, or townhouses are eligible, and if the property is mortgaged, at least 50% of its value must be paid.
There are different types of property visas available. The 2-year residency visa is available for properties worth AED 750,000 or more. The 5-year residency visa applies to property investments worth AED 5 million and above, provided no loans are taken. The 10-year Golden Visa, one of the most popular options, is available for investments starting from AED 2 million under the Golden Visa scheme.
The process to get a property visa is straightforward. First, purchase a qualifying property that meets the minimum criteria. Then apply through the Dubai Land Department by submitting your property documents, title deed, and passport copy. Once submitted, the immigration authority will conduct verification and background checks. After that, complete your medical examination and biometric registration for an Emirates ID. Finally, once approved, your residency visa will be stamped on your passport.
A Dubai property visa comes with several benefits. It provides long-term residency in the UAE, the ability to sponsor your spouse, children, and dependents, and access to healthcare, education, and banking services. It also allows you to live in a tax-free economy, apply for a UAE driver’s license, and enjoy stability while growing your investments.
Getting a property visa in Dubai is one of the most secure and rewarding ways to gain residency in the UAE. Not only does it provide stability for you and your family, but it also offers strong investment potential in one of the world’s most dynamic real estate markets. If you are considering investing, consult with a trusted real estate advisor to make the process smooth and hassle-free.