By investing in Dubai’s real estate sector, you may easily obtain a residency visa. There are numerous outstanding and extremely lucrative investment opportunities to pick from, the investment barrier is quite cheap when compared to other big cities throughout the world, and the process is also pretty simple. In this tutorial, we will teach you how to obtain a property visa in dubai and become a part of this growing global metropolis.
The Requirements
You must acquire a freehold property in Dubai, whether an apartment, villa, or townhouse, in order to receive an investor’s visa in Dubai. The following are the exact investing criteria:
- The property must be worth at least AED 1 million.
- The property must be acquired, with the Dubai Land Department issuing a title document.
- The property cannot be given or bequeathed.
- The property must be freehold and cannot be rented by the owner.
- If the property is mortgaged, 50% of the purchase price must be paid off, and a loan statement from the bank as
- well as a NOC must be provided.
- Spouses can own property together provided they have a legal marriage certificate.
