Obtainment conditions. Foreign nationals can obtain UAE residency when purchasing real estate for at least AED 750,000, or $204,000. Investors can choose from residential and commercial properties in Dubai and Abu Dhabi.
Both ready-to-move properties and those in construction can be purchased as an investment. If an investor wants to get a mortgage, the down payment should be at least 50%.
- $204,000+ The investment amount for a residence visa, 2+ years Visa validity period.
The validity period of the visa depends on the total amount of the investment:
The list of documents necessary to obtain a residence visa by real estate investment includes:
Renewal. To renew their residence visa, the investor needs to gather all the documents again, undergo a medical examination and submit their application to the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP).
Family members to join the application. Along with the investor, their close family members can obtain residence visas, too. This includes their spouse and children.
In the application for a 2-year visa, one can include children under 18.
To a 10-year visa application, the investor can add unmarried sons under 25 years old and unmarried daughters of any age.