UAE is a consistently growing destination for worldwide investments thanks to its expanding markets and vital location. Because of that, UAE offers its investors a chance to get a long-term golden visa real estate investor under its laws and conditions.
So, if you’re an investor or planning to invest in the city, the golden visa for real estate in the UAE is a great option. Through this guide you will learn all about it, how to apply, the requirements, and more.
- Golden Visa benefits
- Who is eligible to apply?
- When can an investor apply for a Golden Visa?
- What are the eligibility conditions to apply for a Golden Visa through real estate investment?
- How can you apply for a Golden Visa as a real estate investor?
- What are the fees for issuing a Golden Visa for a real estate investor?
- FAQs
Benefits of Golden Visa Real Estate Investors
The UAE investor golden visa was launched to allow expats and foreigners to invest in UAE, along with enjoying all the benefits of living there. It’s also one of the types of investment visas in Dubai.
In addition, this long-term residence visa allows expats to live in the UAE without needing a sponsor.
There are many benefits for investors to have a golden visa such as:
- Getting a 6-month entry visa.
- Having a valid visa for 5 to 10 years is also easily renewed.
- Staying outside the UAE for more than 6 months while their residence visa is valid.
- Sponsoring their family members of all ages.
1. Who is Eligible to Apply for a UAE Golden Visa?
The Dubai Golden Visa is an exclusive long-term residency program designed for a diverse group of foreign talents. Investors, entrepreneurs, scientists, top-performing students and graduates, as well as individuals recognized as humanitarian pioneers or frontline heroes can be eligible for the Dubai Golden Visa.
This visa offers them the opportunity to live, work, or study in the UAE, along with enjoying a range of exclusive benefits. It represents the UAE’s commitment to attracting and retaining high-calibre talent across various fields, contributing to its dynamic, multicultural community.
2. When Can Investors Apply for UAE Golden Visa?
Obtaining an investors’ golden visa starts with owning a piece of real estate in the UAE. Below you will find a full guide that covers UAE investor golden visa requirements, application steps, fees, frequently asked questions and more.
3. What Are the Eligibility Conditions to Apply for UAE Golden Visa Through Real Estate Investment?
In order to get a real estate investor visa in UAE, you should be eligible for it. Find below the requirements that you should meet.
- Acquiring a letter from Dubai Land Department (DLD), proving that you own one or more properties valuing AED 2 million or more.
- Having purchased a property through a loan from a local bank that is also authorised by the adequate local entity.
If the previous requirements apply to you, then you will be granted a 5-year Golden Visa that is also renewed upon the same requirements and conditions.
Moreover, conditions may vary depending on the emirate itself. For instance, Abu Dhabi Residents Office requires maintaining the investment for at least 2 years after the issuing of the real estate investment visa.
For Fully owned Property
- A registered Purchase Agreement with the DMT. This document provides information regarding landlord, property, address, and purchase value.
- A Real Estate Unit Value Certificate
Note that you need only one of the two documents mentioned above.
For Mortgaged Property
- Real Estate Unit Value Certificate issued by the DMT or any other authorised real estate registration in UAE
- Search Certificate issued by DMT. This certificate is required to prove that the property is not subjected to a seizure by any party
For Off-plan Property
- A Purchase Agreement from an approved real estate developer to provide information regarding landlord, property, address, and purchase value
- Evidence that the property’s worth isn’t less than AED 2,000,000
4. How Can You Apply for a Golden Visa as a Real Estate Investor?
Below you will find the steps to apply for a real estate investor golden visa whether in Dubai, Abu Dhabi, or other emirates:
Online application
- Visit the ICP smart services website to start your application
- Go to services list, and choose golden visa services
- Fill out your application form
- Submit required documents
- Pay the fees
- Then, you will receive your application through your email
Customer happiness centers
- Visit your nearest centre
- Get a ticket to enter the que
- Submit all required documents fulfilling the conditions to the officer
- Pay service fees if needed
Typing Centers
- Visit your nearest typing centre authorised by ICP
- Submit full application and documents
- Pay fees if needed
5. What Are the Fees for Issuing a Golden Visa for Real Estate Investors?
The cost of obtaining a Dubai Golden Visa varies based on the applicant’s current location. For individuals already residing within the UAE, the visa fee ranges from AED 2,800 to AED 3,800. Meanwhile, for those applying from outside the UAE, the cost is slightly higher, ranging between AED 3,800 and AED 4,800.
It’s important to note that these costs are subject to change and may vary based on specific circumstances and additional processing fees.
You will find the cost breakdown of the fees below according to the ICP website:
- Residency fees: AED 2,280
- ID fees: AED 575
- E-services fees: AED 28
- ICP fees: AED 22
- Smart services fees: AED 100
FAQs
In this section, we will answer the frequently asked questions regarding real estate golden visas.
You can apply for a golden visa through several online channels, such as:
There are many benefits to obtaining a real estate golden visa, including:
It is worth noting that the UAE golden visa is a long-term residency for all applicants and not a permanent residency. Having said that, renewing the golden visa can be easily done with the same requirements.
The validity of this type of visa is up to 5 years and it can be renewed if the previous conditions are still applicable.
No, the duration does not differ at all. The only difference between the two is the required documents.
Dubai’s real estate market is known for its diversity and distinctiveness in both property types and prices. Here are the top areas for investing in Dubai:
the minimum property value required for obtaining a Golden Visa through real estate investment, is AED 2 million. Moreover, this investment threshold is set to ensure eligibility for the Golden Visa program for investors.
Yes, acquiring property in Dubai or elsewhere in the UAE with a minimum value of AED 2 million (approximately $545,000) qualifies you for a 10-year Golden Visa. Besides, this offers a long-term residency option for investors in the real estate market.
Finally, the golden visa real estate investors give its holders many great opportunities within the UAE. You will be investing your money while enjoying a high-level residency in such an iconic country.
