Resident visa for the purchase of real estate

lifestyle
real estate
Visas
In this article:
A golden visa is a visa that can be obtained in the UAE. Its key difference from the usual visa is an unlimited period of stay outside the UAE (regular visa shall be terminated if a resident has not visited the Emirates for 6 months).

Purchase of real estate is one of the ways to obtain a resident visa.
01
Investment and period of validity
UAE law does not contain the concepts of residency or permanent residence; instead, foreigners have the right to reside in the country as a resident through a residence visa. The residency visa is granted for a period of 6 months to 10 years, after which it can be renewed several times.
For the purchase of real estate worth more than AED 750,000 (about 204,000 USD) visa is issued for 3 years. Buyers of real estate of 2,000,000 AED (about 545,000 USD) will be granted a visa for 10 years and will be granted "golden" status.
02
The procedure for obtaining a visa for the purchase of real estate
1
Buying a constructed property
You should buy a constructed property for AED 750,000 or more. A mortgage is also possible and you may qualify for a visa if the down payment is at least the same AED750,000 and the down payment is 50% of the total value. The total value of multiple properties is taken into account.
2
Property registration
Register the property with the Land Department of the Emirate where the property is purchased and obtain a certificate of ownership.
3
No offence certificate
Issue a No Offence Certificate from the UAE Police.
4
Medical Check-Up
Get a medical check-up at a certified medical centre in the UAE to confirm you have no serious infectious diseases. Get a blood test for HIV and a chest x-ray for tuberculosis.
5
Biometrics
Take fingerprints, a biometric photo and submit your original passport at one of the government centres in Dubai.
6
Resident Visa Application
Apply for residence visa online or offline. You can apply for it at:

7
Obtaining a visa
Obtain an Emirates ID from the ICA, if necessary arranging a visa for family members.
03
You need to prepare the following package of documents in order to obtain a residence visa:
  • certificate of title to the property;
  • passport, current visa;
  • 2 photographs ("passport" size on white background);
  • UAE criminal record certificate;
  • bank statements proving income (on request);
  • health insurance policy.
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