Golden Visa in Dubai: Qualifying with a Dh2 Million Property Investment
Discover the investment criteria and legal requirements for obtaining a 10-year Golden Visa in Dubai by investing in property worth at least Dh2 million.
Golden VisaReal Estate InvestmentDubaiResidency PermitProperty InvestmentReal EstateJun 07, 2025
Mehta, who is licensed to practice law in Dubai, the UK, and India, shared the legal pathway for new businessmen seeking long-term residency in the UAE in a piece published by Khaleej Times. The Golden Visa is a long-term residence permit granted to eligible foreigners and their families, allowing them to live, work, and invest in the UAE without a local sponsor. It is regulated under Article 8 of the annex attached to Cabinet Resolution No. 65 of 2022, which implements Federal Law by Decree No. 29 of 2021 regarding the entry and residency of foreigners.
To qualify for a Golden Visa through real estate, an investor must:
- Own property or properties worth Dh2 million or more, either solely or jointly. Ownership can include mortgaged properties, provided the loan is from a local bank approved by the competent local authority.
- Purchase off-plan property valued at a minimum of Dh2 million from local developers authorised by the competent local authority.
- Maintain comprehensive health insurance for themselves and their family members throughout the visa's validity or as per requirements set by authorities.
According to the law:
“The investor shall own one or more real estate property with a total value of not less than Dh2,000,000... It may be a loan, on condition that the loan is from one of the local banks determined by the competent local authority.”
And for off-plan investments:
“The purchase is made from local companies approved by the competent local authority.”
Steps to Secure the 10-Year Residency
Once these conditions are met, the following steps lead to the issuance of the Golden Visa:
- Purchase and registration of eligible property with the Dubai Land Department (DLD)
- Issuance of a title deed
- Visa application through the DLD, GDRFA (General Directorate of Residency and Foreigners Affairs), or approved digital platforms like Dubai REST
- Completion of medical fitness test and Emirates ID registration
- Final approval and issuance of a 10-year renewable residence permit
The process must be approved by the relevant local authorities. As stated under Article 1 of the annex to Cabinet Resolution No. 65 of 2022:
“The ICA may – after the approval of the competent authorities – issue a long-term residence permit for a period of ten years… allowing them to self-reside without the need for the Guarantor/the Host Party inside the State.”
In response to a query published in Khaleej Times, Ashish Mehta clarified that a businessman planning to move to Dubai may apply for the Golden Visa immediately upon purchasing qualifying real estate worth at least Dh2 million, provided all requirements are met. He advised contacting either the GDRFA or authorised platforms like the Dubai Land Department to begin the application process.
“Based on the aforementioned provisions of the law, as a businessman intending to move to Dubai, you may be eligible for the UAE Golden Visa upon investing in real estate property with a minimum investment of Dh2 million, subject to the conditions set by the competent local authority,” Mehta stated.
The UAE continues to position itself as a global hub for investors and entrepreneurs. The Golden Visa offers not just long-term stability but also the freedom to live and operate in the country independently, making it a compelling incentive for foreign businessmen planning to establish roots in Dubai.
Frequently Asked Questions
What is the minimum investment required for a Golden Visa through real estate in Dubai?
The minimum investment required is Dh2 million in real estate, either in a single property or multiple properties combined.
Can the property be mortgaged to qualify for the Golden Visa?
Yes, the property can be mortgaged, provided the loan is from a local bank approved by the competent local authority.
What are the steps to apply for a Golden Visa after purchasing the property?
The steps include purchasing and registering the property with the Dubai Land Department, securing a title deed, applying for the visa through the DLD or GDRFA, completing a medical fitness test, and registering for an Emirates ID.
Is health insurance required for the Golden Visa application?
Yes, comprehensive health insurance is required for the investor and their family members throughout the visa's validity.
Can a businessman apply immediately after purchasing the qualifying property?
Yes, a businessman can apply for the Golden Visa immediately upon purchasing qualifying real estate worth at least Dh2 million, provided all requirements are met.
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