Property Investors from AED 750K is Now Eligible For Dubai Residence Visa

Sep 21, 2021 Views 1751

Posted By : Edge Realty


It is easy to obtain a residency visa through investing in Dubai's real estate market. There are many great and profitable investment opportunities that you can choose from The investment requirement is quite low in comparison to other cities around the world, and the procedure is simple too. Now the real estate investor who owns a property equal valued at AED 750,000 or more at the time of purchase to apply for a three-year renewable residency visa, and the husband or wife and children can be sponsored.

Investors with a minimum property value are 750,000 AED are eligible to apply for this 3-year renewable visa. In case the property is a mortgage, 50 % of property value or at least 750,000 AED is to be paid to the bank. NOC letter in Arabic along with a mortgage bank statement will require to proceed with the visa application. Husband and wife can Share in one property and the value of the property is 750,000 AED or more but you have to present the attested marriage certificate. POA will require in case the application will submit on behalf of the investor. For applying for a family visa, you have to submit a NOC letter from the father, attested by the notary public also in case the mother is the sponsor.

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