According to the DLD website
, if you have invested at least AED 2М (USD 545К) in real estate or have a share in 1 or more units with the same price, you have the right to obtain a 5-year investor visa. If the property was obtained with a mortgage, at least AED 2М should be paid to the bank, and you will need to provide an Issuance of a No Objection Certificate (NOC) and a statement from the bank which approved the mortgage. Spouses have the right to apply for this visa with one property obtained together providing a marriage certificate.
An investor should provide a passport, Emirates ID, medical insurance, a passport sized photo and an electronic copy of the Certificate of Owned Property. The process of obtaining a 5-year investor visa is similar to that of getting a 3-year one. However, the cost is lower at AED 37К (USD 1.01К).
Such expenses are included in the above price:
- Medical examination (VIP) is AED 753 (USD 205)
- Emirates ID for 5 years is AED 573 (USD 155)
- The visa fee is AED 2,300 (USD 625)
- Management fees are AED 100 (USD 27)
The programme which was launched by the government in 2019 is called the ‘Golden Visa’. The Golden Visa not only applies to investors, but also entrepreneurs or specialized talents and researchers in various fields of science, engineering, health, education, business and technology management, as well as humanitarian aid workers, artists and other creative individuals and students can apply for the Golden Visa as well. The amount of investment needed to receive a 5 or 10-year Golden Visa should be at least AED 5М (USD 1.36М) or AED 10M (USD 2.72M). The cost of a 5-year visa is AED 550 (USD 150) and a 10-year visa costs AED 1.1К (USD 300).
To obtain a long-term investor visa for 10 years, according to federal law, one should have a mixed investment portfolio with a total amount of at least AED 10М (USD 2.72М). At the same time, the share of funds invested in Dubai real estate property should be at least 40% which can be shared amongst 1-3 properties. Another 60% can be invested in the public sector such as the UAE government investment funds, startups, etc. The cost of a 10-year visa is AED 1.15К (USD 310).
Real estate property cannot be resold for at least 3 years and funds for the purchase cannot be loaned or on a mortgage either. Investor(s) should be the sole owner(s). The visa can be extended for business partners if each of them contributes AED 10М. Moreover, a 10-year visa can be used by spouses and children of the owner, as well as an Adviser and an Executive Director. One can apply for a Golden Visa on the website of the Federal Authority For Identity and Citizenship (ICA