Investor Residency in Dubai
Over the past two decades, Dubai, in the United Arab Emirates, has emerged as an inspiring city and a key destination for global capital and investment flows. The emirate has become a futuristic hub for innovation and development across various sectors, establishing itself as a leading global city in future industries and entrepreneurship.
Types of Investor Residency in Dubai
1. Investor Residency for Real Estate Investors
Granting a Two-Year Real Estate Residency Permit
For individuals interested in purchasing a property worth AED 750,000:
- The property must be ready for occupancy at the time of purchase.
- The property’s value must not be less than AED 750,000.
- Ownership must be in designated freehold areas.
- All legal fees associated with property ownership in Dubai must be paid.
- Bank loans or mortgages cannot be used to purchase the property.
Granting a Ten-Year Real Estate Residency Permit
For individuals interested in purchasing a property worth more than AED 2 million:
For residential apartments, the construction progress must be at least 50%.
The property can be under construction.
Payment of only 24% or the initial down payment of the property’s price is required.
Granting a Two-Year Real Estate Residency Permit
For individuals interested in purchasing a property worth AED 750,000:
- The property must be ready for occupancy at the time of purchase.
- The property’s value must not be less than AED 750,000.
- Ownership must be in designated freehold areas.
- All legal fees associated with property ownership in Dubai must be paid.
- Bank loans or mortgages cannot be used to purchase the property.
Granting a Ten-Year Real Estate Residency Permit
For individuals interested in purchasing a property worth more than AED 2 million:
- For residential apartments, the construction progress must be at least 50%.
- The property can be under construction.
- Payment of only 24% or the initial down payment of the property’s price is required.
2. Residency for General Investment Category
By investing in an existing company or establishing a private business, investors can qualify for a Golden Visa residency permit in the UAE for up to 10 years, renewable if their investment meets the Golden Visa criteria.
3. Investor Residency for Entrepreneurs
The UAE government grants legal residency to entrepreneurs who own a tech-oriented or future-focused business that relies on innovation and risk-taking. This type of residency is valid for a period of up to 10 years.
Advantages of Residence in Dubai for Real Estate Investors
Bank Account
Ability to open a bank account in UAE banks and benefit from financial banking facilities, loans, financing opportunities, and other financial transactions.
Driving License
Ability to obtain a UAE driver’s license, which qualifies the holder for driving and immediate replacement in many countries around the world.
Health Insurance
Access to health insurance covering all family members with the possibility of treatment in government and private hospitals.
Education
Ability to enroll children in government or private schools and universities.
Travel
Facilitation of travel opportunities to many countries by virtue of obtaining legal residency in the UAE.
Residency
Assurance of renewing residency permanently as long as you own the property.
Investment
Opportunity to start investing in the country and establish your own company immediately.
Employment
Ability to work and legally obtain employment within the country in both the government and private sectors.
Conditions for Real Estate Investor Residency
Requirements for Obtaining a Golden Visa Real Estate Residency in Dubai:
- The value of the property or properties owned by the investor must not be less than AED 2 million.
- The property can be under construction, and full payment of the property is not required—only 24% or the initial down payment is necessary.
- For residential apartments, construction progress must be at least 50%.
- The property must not be subject to a bank loan, and its value must be part of the investor’s own capital, directly owned by the investor.
Requirements for Regular Real Estate Residency in Dubai:
- The property purchased by the investor must be fully completed and ready for immediate handover and use.
- The value of the residential property must not be less than AED 750,000.
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