General Requirements for Residence Visas:
Property value must be AED 1 Million or more. Joint ownership is acceptable if the combined value exceeds AED 1 Million. Visas are only granted for completed residential properties, not commercial projects.
Long-Term Residence Visa Options:
To encourage foreign investment, the UAE offers long-term residence visas:
- 10-Year Residence Visa: Available to investors and specialists, requiring 40% of investments in real estate.
- Five-Year Residence Visa: Investors purchasing properties worth 5 million AED or more qualify, with no loans or financing, and the investment must be retained for a minimum of 3 years.
These visas offer the ability to sponsor dependents, hire domestic staff, and enjoy a high-quality lifestyle in Dubai.