The Core Rule (AED 2 Million)
Real-estate investors can apply when they own property worth at least AED 2,000,000 (aggregate allowed). Official guidance is published by UAE authorities (ICP/GDRFA), with Dubai applications flowing via DLD/GDRFA pathways. Always confirm the current portal requirements at the time of application.
Completed vs Off-Plan: What Qualifies?
Completed units with title deed: straightforward.
Off-plan: eligibility depends on the recognized property value and project progress; some emirates/processes require a valuation certificate and minimum completion thresholds. Always check current rules and whether bank NOCs are needed if mortgaged.
Documents You’ll Typically Need
Passport, Emirates ID (if any), recent photo
Title deed or Oqood + official valuation certificate (where applicable)
Bank NOC if mortgaged; proof of equity meeting the threshold
Police clearance/medical (per portal instructions)
(ICP publishes category criteria; local channels (e.g., DLD/GDRFA) guide execution in Dubai.)
Step-by-Step (Dubai-Focused)
Own qualifying property (or properties) meeting the AED 2M rule.
Secure valuation certificate if requested (esp. for off-plan/combined assets).
Collect Oqood/Title deed & NOC; ensure fees are settled.
Apply via GDRFA/ICP portal (Dubai channel ties into DLD data).
Medical & biometrics; submit supporting docs.
Receive a 10-year residence (renewable if criteria are met).
Timelines & Costs (Indicative)
Processing is typically weeks (varies by case). Government fees change; follow the portal’s latest schedule and any DLD service fees tied to property documents. (We avoid quoting fixed fee totals because they update.)
Common Scenarios
Mortgaged unit: Provide bank NOC and proof that your equity/value meets the AED 2M threshold.
Multiple properties: Aggregation is commonly permitted; attach deeds/valuations per portal instruction.
Family sponsorship: Golden Visa holders can sponsor spouse/children; confirm ages/conditions with the current policy text at filing.
Compliance Tips
Keep your Oqood/Title deed and valuation current.
If aiming for a Golden Visa through off-plan, track construction progress and escrow-linked milestones to anticipate the earliest eligibility date.
FAQs
Q1: Is AED 2M measured by purchase price or valuation?
A: The program refers to property worth at least AED 2M; where required, obtain an official valuation certificate to demonstrate value.
Q2: Do off-plan properties qualify?
A: They can, subject to rules on completion/valuation and documentation. Check the current ICP/DLD process notes when you apply.
Q3: Can I apply if the property is mortgaged?
A: Yes, with the lender’s NOC and evidence that your equity/value meets AED 2M.
Q4: How do I start in Dubai?
A: Prepare documents (Oqood or title deed, valuation if needed), then apply via GDRFA/ICP, following DLD’s document paths.
