Can I Get a Visa If I Own Property in the UAE? A Comprehensive Guide

The answer is yes but with certain conditions and requirements. Owning property in the UAE means more than just an investment opportunity; it opens a door to residency options. Having a dynamic real estate market and a thriving economy, the UAE attracts investors from all corners of the globe. 

 

However, the big question is whether you can get a visa by owning property in the UAE. In this guide, we’ll delve into everything you need to know about obtaining a visa for property owners in the UAE, including eligibility, regulations, and the application process.

 

Also Read: A Quick Guide to Dubai Shopping Festival

UAE Property Visa Regulations

This needs to be digested within the context of Emirate of UAE property visa rules and regulations. Generally, property investors are invited to enjoy residency visas and encourage foreign investment in such properties, with certain conditions specified concerning the type or value of the property or both. Some of the prominent requirements follow.

 

• Minimum Purchase Value: The property should have a minimum purchase value of AED 750,000. In the case of joint ownership, the share value of each owner should be at least AED 750,000.

 

• Type of Property: Only freehold properties are considered. Leasehold or off-plan properties are not considered for a visa.

 

• No Mortgage or Partial Mortgage: If the property is mortgaged, then a certain percentage of its value should be paid off.

 

By fulfilling all these needs, you can apply for various types of visas dedicated to property owners in the UAE.

Types of Visas for Property Owners in UAE

The UAE offers various types of visas to property owners catering to different levels of investment and requirements. Below are the major visa categories:

 

1. 6-Month Multi-Entry Visa

This is a short-term visa, and it allows property owners to enter and exit the UAE several times within six months. It is perfect for those who travel often and would like to oversee their property without necessarily staying there for long.

 

2. 2-Year Residency Visa

This visa is for property owners with a value of at least AED 750,000 and gives the owner two years of residency renewable upon expiry. It is, therefore, an option for those looking to spend their life in the UAE semi-permanently.

 

3. 10-Year Golden Visa

Golden Visa has been introduced to attract high-net-worth individuals and allows property investments of AED 2 million or more. It is beneficial because, unlike others, one is not required to have a sponsor, and one can utilize the UAE healthcare and education systems.

Property Eligibility for Ownership and UAE Visa

Not all properties are eligible for a UAE residency visa. Here is a closer look at the eligibility criteria:

 

• Ownership Documentation: You will be required to provide a title deed from the Dubai Land Department or equivalent authorities in other emirates.

 

• Residential Properties Only: Offices and warehouses are not eligible.

 

• Age of Property: Some properties under construction (off-plan) are not eligible until they are completed and handed over to the owner.

Benefits of UAE Residency by Property Ownership

The benefits of obtaining a residency visa through property ownership include:

 

• Ease of Travel: Travel to and from the UAE without applying for visit visas repeatedly.

 

• Sponsor his immediate family members including the spouse and children to his family sponsorship. Avail world-class services including health care, education, and banking services in UAE. 

 

• Amenities: There is the exemption of income tax, providing benefits due to its policy.

How to Apply for a Visa for Property Owners in UAE

Applying for a UAE property visa is simple but very documentation-intensive. Here’s the step-by-step guide.

 

Step 1: Check on Property Eligibility

Confirm whether your property qualifies for all requirements including a minimum value and freehold status. Collect title deeds from the land authority responsible.

 

Step 2: Prepare All Necessary Documents

You will need the following documents:

 

1. Original passport
2. Title deed
3. Proof of property value (purchasing agreement or valuation report)
4. Recent passport-sized photos
5. Health insurance certificate where applicable
6. Bank statements (in some cases)

 

Step 3: Submission of application

Submit your application at an immigration department or property registration office in Dubai for example, the Dubai Land Department. One can also submit his application via the Internet for some Emirates. 

Step 4: Medical Test

You will have to undergo a medical fitness test. You will also have to provide biometrics, which includes fingerprinting.

 

Step 5: Visa Stamp

After you are approved, your visa will be stamped on your passport, and you will have residency status.

 

Common Visa Issues and Solutions

1. Property Value Below Minimum

 Upgrade to a property that meets the minimum value requirement or combine investments with a spouse or partner.

 

2. Document Delays

Submit all complete and verified documents. Getting a property consultant can help make the process smoother.

 

3. Mortgage Tie-Down

Pay off as much mortgage as possible and then get eligible for a loan.

Buying a property in UAE to obtain the visa

       1. Location:

Investment in areas of high demand like Dubai Marina, Downtown Dubai, and Palm Jumeirah. 

 

       2. Developer Reputation

Investing in freehold Vs. Leasehold – To ensure that the particular land area is freehold; which is essential for the visa.

Your plans and how the visa affects your long-term requirements in the country.

Get UAE VISA With DXB

Getting a property visa in the UAE is certainly not an easy task, but with the appropriate support system, it flows seamlessly. The experts at DXB handle all the affairs of a property investor concerning a residence visa in Dubai. You can rely on DXB for documentation processes, meetings with authorities, and many more issues that might accompany the transition. It is your window to finding a way from your property investment to residency within the UAE.

 

Owning property in the UAE is more than just an investment; it is an entry to long-term residency and much more. Upon meeting the eligibility criteria, you can avail the facilities of residing in one of the world’s most vibrant countries by making your way through a pretty simple application process. The 2-year visa or the high-profile 10-year Golden Visa in the UAE offers ample opportunity for property investors to have a base.

 

Invest wisely, and let your property pave the way to a brighter future in the UAE.

 

Author Bio:

Munir Al-Niazi is a real estate and immigration expert with over 10 years of experience helping investors secure UAE residency through property ownership.