How To Apply For a Property Visa In Dubai

Published August 16, 2022  12:29 PM

 

What requirements must be present before receiving a Dubai Property Investor Visa?

 

Ten-year visa

To apply for a ten-year Residence Visa in Dubai, you must:

 

 

  • Make investments in public projects worth at least AED 10 million.
  • There are several investing options, including:
  • A minimum AED 10 million deposit in a domestic investment fund
  • Starting a business in the UAE with a minimum investment of AED 10 million.
  • Investment in a new or existing business with a share price more than AED 10 million.
  • having a total investment of more than AED 10 million across all of the aforementioned categories, provided that at least 60% of the total investment is made in non-real estate industries.

 

The spouse and children of the applicant are eligible for the long-term visa. There is also room on the visa for one executive director and one advisor. Foreign investors may apply for a six-month multiple-entry permit.

 

Five-year visa

You need to invest in real estate in Dubai to be qualified for a five-year visa.

 

 

The following prerequisites must be met before a visa can be issued:

  • The investment property must be worth at least AED 2 million.
  • If the property is mortgaged, the bank must get at least $200,000 of the property’s worth.
  • The home must be kept for at least three years.

 

 

Suggested Reads:  How UAE  VAT system regulated, Why buy property in Dubai, How to apply for a property visa in Dubai

 

Three-year visa

For people who have made an investment in a Dubai property worth more than AED 750,000, the Dubai Land Department offers this visa. You will be eligible for a number of benefits, including the ability to apply for a UAE identification card, driver’s license, and family sponsorship.

 

 

You must fulfil the requirements listed below in order to be eligible:

 

  • The property must be worth at least 750,000 AED.
  • If the property has a mortgage, the bank must get 50% of the property’s worth, or at least $750,000.
  • Husband and wife may co-own one property with a value of at least one million AED.
  • You are not permitted to leave the nation for six consecutive months.

 

Read more information here…. 

 

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