Residence visa through property investment in Dubai
The residence visa by property investment is an attractive offer for foreigners who wish to settle in Dubai. This visa enables investors to obtain a residence permit in the UAE with their property investment. In this article, you will learn everything you need to know about the requirements, process and benefits of this special visa.
What is a residence visa through property investment?
A residence visa by real estate investment is a document that allows a foreign investor to reside and work in Dubai after making a certain amount of property investment. This is particularly advantageous for people who plan to stay in Dubai for a longer period of time or wish to conduct business activities here.
Requirements for the residence visa through property investment
- The investor must make a property investment of at least AED 2 million (approx. 450,000 euros) in Dubai.
- The property must be free of debts and mortgages.
- The investor must be able to prove that the property is held in their own name.
- The property must be used for residential purposes or as part of a commercial project.
The application process for the residence visa
The process for applying for a residence visa through property investment involves several steps:
- Acquisition of a property that meets the minimum investment requirements.
- Submission of the visa application to the Dubai Land Department (DLD).
- Submission of all required documents, including title deed and proof of funds.
- Wait for the application to be approved and receive the visa.
Benefits of the residence visa through property investment
One of the biggest advantages of a residence visa through property investment is the opportunity to live in a dynamic and economically stable environment. The visa also offers:
- The possibility of family reunification, allowing direct relatives to live in the country.
- The option to extend the residence permit every two to three years.
- Access to a variety of lifestyles and high-end properties, as well as access to first-class schools, clinics and leisure facilities.
FAQs on the residence visa through property investment
How long is the residence visa valid for?
The visa is typically valid for two or three years, depending on the specific conditions and the level of investment.
Can my family members travel with me?
Yes, under certain conditions you can bring your family to Dubai with a residence visa through property investment.
Illustrative example on the topic: Residence visa through property investment
Imagine that Mr Müller from Germany has been dreaming of living in Dubai for a long time. After extensive research and the purchase of a modern flat in Dubai Marina for AED 2.5 million, he decides to apply for a residence visa through property investment. Mr Müller meets the requirements by submitting all the necessary documents and after a few weeks he receives his residence permit. Now he can not only live in the city that has always fascinated him, but also join his family and enjoy the luxurious life in Dubai.
Related topics
For more information on the property market and investment opportunities in Dubai, visit our articles on property market, title deed and investor visa for free zone companies.