Big news for investors eyeing the UAE’s real estate market—the government has officially scrapped the minimum down payment requirement for the Property Golden Visa. Translation? You no longer need to pay a hefty sum upfront to qualify. As long as your property’s total value meets the AED 2 million threshold, you’re in the game.
So, what does this mean for investors? How does it shake up the UAE’s property market? Let’s break it down.
What’s Changed?
Previously, you needed to pay at least 50% of your property’s value upfront or make a minimum payment of AED 1 million to qualify for a Golden Visa. That’s gone now. The new rule means your total property value is all that matters—not how much you’ve paid at the time of application.
Key Takeaways:
- No more upfront minimum payment—your property’s total value is what counts.
- Works for ready, off-plan, and mortgaged properties.
- Makes UAE real estate investment more accessible than ever.
Why Did the UAE Scrap This Requirement?
The UAE is always fine-tuning its visa policies to attract global investors, and this move is part of that bigger strategy. By removing financial barriers, the country is making long-term residency more achievable for property buyers worldwide.
What’s Driving the Change?
- More investor interest: lower entry barriers = more buyers entering the market.
- Real Estate Growth: Increased demand keeps the market thriving and prices stable.
- Flexibility for Buyers: Investors now have more options for financing and payment.
- Competitive Edge: The UAE stays ahead of global rivals offering investment visas.
Who’s Eligible for the Property Golden Visa Now?
The good news? The eligibility criteria stay the same—except for the scrapped upfront payment rule.
Who Can Apply?
- Property value must be at least AED 2 million.
- Both off-plan and completed properties qualify.
- Mortgaged properties are eligible as long as they meet the total value requirement.
- Investors can combine multiple properties to reach the AED 2 million mark.
- Available to UAE residents and foreign investors.
What Types of Properties Qualify?
- Residential Apartments & Villas – Both freehold and leasehold.
- Commercial Properties – Some office and retail units are eligible.
- Off-Plan Investments – Properties under construction now count.
Here is a good read on the best property investment in the UAE.
How to Apply for the UAE Property Golden Visa
The process is now more straightforward than ever. Here’s what you need to do:
Step-by-Step Process:
- Choose Your Property: Ensure it’s worth AED 2 million+ (can be one or multiple properties).
- Get Your Title Deed: Register with the Dubai Land Department (DLD) or the relevant emirate authority.
- Gather Your Documents:
- Passport copy
- Emirates ID (if applicable)
- Title deed(s)
- Bank statements (if mortgage-financed)
- Good conduct certificate (if required)
- Submit Your Application: Apply via DLD, Abu Dhabi Residents Office, or other official channels.
- Get Your Golden Visa: Once approved, you’ll receive a 10-year renewable residency visa.
How This Impacts the UAE Real Estate Market
This policy update is set to shake up the real estate landscape in a big way.
1. Surge in Property Demand
With financial restrictions lifted, expect more investors entering the market.
2. More Mortgage & Payment Flexibility
Without an upfront payment hurdle, banks may roll out more flexible mortgage options.
3. Boost for Off-Plan Investments
Since off-plan properties often require smaller payments initially, expect a rise in foreign investors grabbing pre-construction deals.
4. Long-Term Market Growth
More investors = more stability = UAE real estate becomes even more of a global investment hotspot.
FAQs About the UAE Property Golden Visa
1. Can I get a Golden Visa if my property is mortgaged?
Yes! As long as the total property value is AED 2 million or more.
2. Does the Golden Visa cover my family?
Absolutely. Your spouse and children are included.
3. Can I combine multiple properties to meet the requirement?
Yes, you can pool together several properties to reach the AED 2 million threshold.
4. Are off-plan properties eligible?
Yes! Off-plan investments now qualify for the Golden Visa.
5. How long does it take to process the visa?
Typically, 2 to 4 weeks.But it depends heavily on factors like document verification, property evaluation, and the volume of applications being processed at that time. If all paperwork is in order and approvals move smoothly, it can sometimes be completed even sooner.
6. Can I work in the UAE with a Property Golden Visa?
Yes! You can work, run a business, or simply use the visa for long-term residency.
Final Thoughts
Scrapping the minimum payment rule is a game-changer for investors. This move makes it easier, more accessible, and so much more attractive to secure long-term residency in the UAE through property investment.
So, if you’ve been thinking about investing in UAE real estate, now’s the time to take advantage of this investor-friendly policy. Need expert guidance on your Property Golden Visa? Contact GoldenVisaUAE today and let us handle the process for you!
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