According to Property Finder, Dubai saw a record 180,987 real estate sales in 2024, a 36.5% increase over the previous year. With its advantageous location, thriving markets, and progressive laws, the United Arab Emirates has emerged as a prominent investment destination. 

One of the most alluring options for foreign investors among these is the Golden Visa for real estate investors. This option for long-term residency could be your gateway to a host of advantages if you want to buy real estate in Dubai or any other UAE emirate.

This guide will cover everything you need to know about the UAE Golden Visa real estate program, including eligibility, prerequisites, the application procedure, and the advantages of obtaining a Golden Visa in the United Arab Emirates.

Benefits of the Golden Visa for Real Estate Investors

The goal of the UAE Golden Visa program is to draw in talent, professionals, and investors from all over the world. Investing in real estate is one option to be eligible for the Golden Visa program. 

Those with investment visas in Dubai are granted unique benefits that can significantly increase the opportunities in the United Arab Emirates.

According to a recent report, Dubai’s General Directorate of Residency and Foreigners Affairs (GDRFA) issued 158,000 golden visas in 2023, more than double the 47,150 provided in 2021 and nearly double the 79,617 granted in 2022.

With a Golden Visa, investors can take several advantages, such as: 

• 6-Month Entry Visa: A six-month entry visa with several entries that facilitates the issuance of a resident permit.
• Long-term Stability: A renewable 10-year visa that gives investors safe, permanent residency in the United Arab Emirates.
• No Sponsor Required: The Golden Visa gives you more flexibility than standard visas by enabling you to live and work in the United Arab Emirates without requiring a local sponsor.
• Family-Friendly: It’s an excellent option for families because you can sponsor your spouse, children (of any age), and even domestic helpers.
• Freedom to Stay Abroad: You won’t lose your residency status if you stay outside the UAE for more than six months.

What are the requirements for a 10-year UAE Golden Visa Through Real Estate Investment? 

The following are the requirements for obtaining a 10-year Golden Visa for property buyers through real estate investment:

1. Minimum Property Value: You must have at least one property valued at AED 2 million. Off-plan and mortgaged properties may fall under this category.
2. Shared Ownership: The applicant’s portion must be worth at least AED 2 million. However, the property may be shared, for instance, between spouses.
3. Property Purchase with a Mortgage: If the property is mortgaged, you need to get an NOC from the bank to back up your application.
4. Off-Plan Properties: You must demonstrate that the property is 50% finished and has a minimum worth of AED 2 million for off-plan properties. Additionally, 50% of the entire property value must be paid upfront.

 Note:

• Applying for the UAE Golden Visa requires that you be physically present in the country.
• When the visa expires, it can be renewed as long as the same requirements are still fulfilled.

The essential paperwork needed to property investment UAE and receive a 10-year Golden Visa is listed below.

1. Valid Passport: Make sure your passport is current and has at least six months left on it.
2. Property Title Deed: The Dubai Land Department (DLD) has issued this paperwork to confirm that you are the property’s owner. 
3. Recent Photo: A current photo that satisfies the requirements stated by the Federal Authority for Identity and Citizenship and is of good quality.
4. Emirates ID: Provide a copy of your Emirates ID if you live in the United Arab Emirates.
5. Health Insurance: A copy of your health insurance policy from a provider in the United Arab Emirates.

How to Apply for a Golden Visa in UAE as a Real Estate Investor

1. Submit Your Application

The Federal Authority for Identity and Citizenship (ICA) of the United Arab Emirates (UAE) or other emirate-specific channels can be used to start the Golden Visa application process. Additionally, you can work with a company that specializes in Golden Visa applications or apply online via the official government portals.

Steps for Submission:

• Complete the online application form.
• Upload all required documents.
• Pay any applicable processing fees.
• Submit the application for review.

2. Wait for the Approval

The authorities will examine your eligibility and confirm your investment data when your application is received. It could take a few weeks to complete this process. If accepted, you will receive a Golden Visa for five or ten years, which can be extended if you continue to fulfill the requirements.

3. Receive Your Golden Visa

You will receive your Golden Visa upon acceptance, enabling you to:

• You can live and work in the United Arab Emirates without requiring a local sponsor.
• Bring your parents, spouse, kids, and other family members along.
• Enjoy access to top-notch healthcare and education, as well as financial benefits like no income tax.

What Are the Fees for Issuing a Golden Visa for Real Estate Investors?

AED 9,684.75 is the entire cost of a Golden Visa for Dubai real estate investors. Note that these fees are subject to change and could change based on additional processing fees or your unique situation.

Below is a summary of the costs:

• Medical Examination: AED 700
• Emirates ID (10 years): AED 1,153
• Residency Fees (10 years): AED 2,656.75
• Dubai Land Department Fees: AED 4,020
• Administrative Fees: AED 1,155

Conclusion

The UAE Golden Visa using real estate investment offers investors a fantastic chance to secure their assets in one of the world’s most vibrant economies while obtaining permanent residency. You can enjoy all the benefits of this esteemed residency program by following the specified procedures and fulfilling the requirements.

JSB Incorporation is here to help with your golden visa needs. Book your free consultation today to secure your golden visa as a real estate investor.