Property Visa

Property Visa in Dubai

A Property Visa in Dubai allows foreign investors or property owners to live in the UAE for a specified period based on their property investment. The visa is granted to those who purchase real estate in Dubai, and it provides a long-term residency option for property owners.

Key Information About Property Visa in Dubai

1. What is a Property Visa?

A Property Visa allows foreign nationals to obtain residence in Dubai based on owning a property. This type of visa is generally valid for 2 years and can be renewed as long as the property remains in the owner’s name.

2. Eligibility Criteria

The applicant must own property worth at least AED 1 million (or as per the latest requirements) in Dubai.
The property must be residential, not commercial, and should be fully completed (not off-plan).
The visa is available for both individual property owners and their immediate family members (spouse and children).

3. Documents Required for Property Visa Application

Valid passport (with at least 6 months validity).
Proof of property ownership (title deed, sales agreement, etc.).
Proof of property value (valuations or assessments from the relevant authorities).
Passport-sized photographs.
Proof of financial stability (bank statements or income proof).
Medical fitness certificate (required for adults).

4. Types of Property Visa

Investor Visa: Given to foreign nationals who own a residential property worth AED 1 million or more.
Family Visa: Sponsors can bring their immediate family (spouse and children) to live with them in Dubai if they have a valid Property Visa.

5. How to Apply for a Property Visa

Step 1: Ensure your property meets the minimum value and ownership criteria.
Step 2: Apply for a property visa via the Dubai Land Department (DLD) or General Directorate of Residency and Foreigners Affairs (GDRFA).
Step 3: Provide the necessary documents such as proof of property ownership and medical certificate.
Step 4: Submit your visa application to the relevant authority.
Step 5: Wait for the approval, complete medical checks, and biometric procedures if necessary.
Step 6: Once approved, obtain the visa stamp in your passport.

6. Duration of Property Visa

A Property Visa is typically valid for 2 years. However, it can be renewed as long as the property is owned by the visa holder.

7. Family Sponsorship

You can sponsor your spouse, children, and in some cases, other dependents under the Property Visa program, provided you meet the eligibility requirements for sponsorship and have sufficient income or assets.

8. What Happens if You Sell the Property?

If you sell the property, you lose eligibility for the Property Visa. The new owner can apply for a visa in their name if they meet the requirements.

9. Can I Work with a Property Visa?

A Property Visa is not a work visa. It only grants residence based on property ownership. To work, you will need a separate employment visa or a freelance visa.

10. Can I Renew My Property Visa?

Yes, the Property Visa is renewable, provided the property remains in the applicant’s name and meets all the visa requirements.

11. Benefits of a Property Visa

Long-term residence for property owners.
No need for a local sponsor.
The ability to live in Dubai for the duration of the visa.
Option to sponsor family members.
Opportunity to invest and live in one of the world’s leading real estate markets.

12. Cost of a Property Visa

The cost of a Property Visa varies based on factors such as the property’s value, processing fees, and government charges. The cost typically ranges from AED 3,000 to AED 10,000 or more for the initial application and renewal.

13. Can I Buy Property Without a Property Visa?

Yes, foreigners can buy property in Dubai even without a Property Visa. However, if they wish to reside in the UAE, they will need to apply for a visa based on their property ownership.

The Property Visa in Dubai is an attractive option for investors and those who wish to reside in the UAE based on their real estate holdings. Always ensure you are aware of the latest criteria and regulations by checking with the Dubai Land Department (DLD) or GDRFA before applying.