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Application Requirements

  • A real estate unit value certificates issued by the Department of Municipalities and Transport (DMT) or any other competent body in charge of real estate registration

OR

  • A copy of purchase agreements, registered with DMT or any other body in charge of real estate

OR

  • A certificate issued by DMT or any other body in charge of real estate with details of the landlord and the assessed value of the property at the time of purchase, proving it is no less than AED 2 million

AND

  • Search certificates or any other certificates issued by DMT or any other competent entity in charge of real estate registration, proving that the property is worth at least AED 2 million and is not subject to any mortgage or seizure

AND

  • A written acknowledgement by the Real Estate Investor stating that the investor will retain the property for at least 2 years after the issuing of the Golden Visa

 

Additional notes:

  • If the property is under mortgage, its value has to be greater than AED 2 million in order for the Investor to qualify for the Golden Visa. For instance, for property worth AED 5 million, the outstanding mortgage principal cannot exceed AED 3 million
  • Mortgage is allowed on any amount that is over AED 2 million if the property value exceeds it
  • Coverage: Spouses and children
  • Duration: 5 years