Dubai’s property market has long been a magnet for global investors and owning real estate in the city offers more than just returns. It can open the door to residency in the country through the Dubai Property Visa. This initiative has made property investment in Dubai more attractive than ever, giving investors a pathway to call the city home.
If you’re looking to buy property in Dubai and want to know how it could qualify you for residency, here’s everything you need.
What is a Dubai Property Visa?
A Dubai Property Visa, also known as a Dubai Investor Visa, is a residency visa granted to individuals who invest in residential real estate within the emirate. It’s part of the UAE government’s broader strategy to attract foreign investors and boost the economy.
Depending on the value of your investment, the visa can range from 2 to 10 years, with renewable options.
Types of Property Visas Available
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2-Year Property Visa
Ideal for property investors looking for flexibility. It allows you to live in Dubai and sponsor dependents (spouse, children).
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10-Year Golden Visa
For investors who own real estate worth AED 2 million+. This visa provides long-term residency and greater stability, making it a top choice for high-net-worth individuals and families.
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5-Year Retirement Visa
Available for retirees above 55 years old who invest AED 1 million in property (or meet other financial criteria).
Eligibility Criteria for Dubai Property Visa
Not every property purchase qualifies you for the visa. There are certain conditions that must be met:
1. Minimum Property Value
- The property must be worth at least AED 750,000 to qualify for a 2-year property visa.
- For a 10-year visa (Golden Visa), the property value must be AED 2 million or more.
2. Property Type
- The property must be completed. The visa is also granted to those who own off-plan properties, but only if they are fully paid or financed through an approved UAE bank.
- It must be located in a freehold area that permits full foreign ownership.
3. Mortgage Status
- The property must be fully paid (no mortgage), or if mortgaged, the investor must have paid at least 50% of the property value to the bank.
4. Joint Ownership
- If the property is jointly owned, each individual’s share must be worth at least AED 750,000 to qualify independently.
How to Apply for a Dubai Property Visa
Here’s a simple step-by-step process:
- Purchase eligible property and obtain the title deed.
- Request a property valuation certificate from the Dubai Land Department.
- Apply for your visa through the General Directorate of Residency and Foreigners Affairs (GDRFA).
- Submit the required documents:
– Passport copy
– Title deed
– Passport-sized photos
– Utility bill (DEWA or similar)
– Marriage certificate (if co-owned with spouse)
– Bank statements (for mortgage clarification)
– NOC from the developer (if required) - Undergo a medical fitness test
- Receive Emirates ID and residence visa
Many real estate agencies in Dubai offer end-to-end support to streamline the visa application process.
What Are the Benefits of a Dubai Property Visa?
- UAE residency without the need for employment or a sponsor
- Freedom to live and travel in and out of Dubai with ease
- Family sponsorship, including spouse and children. You can also sponsor parents with a 10-year visa.
- Option to apply for a driver’s licence, bank accounts and utilities
- Ideal for investors managing their property portfolio or planning long-term relocation
Securing a Dubai Property Visa is one of the most strategic ways to gain residency while benefiting from one of the most dynamic property markets in the world. Whether you’re looking for a lifestyle upgrade or a high-performing investment, buying property in Dubai offers you both opportunity and security.
At Luxfolio Real Estate, we help investors navigate the entire process with confidence. Contact us today and let our experts guide you toward a smart and future-proof investment.