Golden Visa For Real Estate Investors in UAE – Guide by Gardenia Homes

The UAE is becoming a prime destination for global investors, offering a strategic location and expanding markets. One significant incentive is the opportunity to obtain a long-term golden visa, especially for real estate investments. For those wondering how to get the Golden Visa in UAE, this guide will provide insights into the process, requirements, and benefits associated with this prestigious visa.

Benefits of Golden Visa for Real Estate Investors

The UAE investor golden visa is a coveted opportunity for expats and foreigners looking to invest and reside in the UAE. Especially in Dubai, this visa type has gained immense popularity among investors. Notably, the golden visa enables expats to live in the UAE independently, negating the need for a local sponsor.

Here are some standout advantages of the golden visa tailored for investors:

• An initial 6-month entry visa upon issuance.
• A renewable visa, with options ranging from 5 to 10 years.
• Flexibility to remain outside the UAE for extended periods, surpassing the typical 6-month limit without facing visa complications.
• The privilege to sponsor family members of any age, facilitating unified family living in the UAE.

Additionally, for those considering real estate investments, Gardenia Homes stands out as a prime choice for acquiring the Real Estate Golden Visa. With its reputation and offerings, Gardenia Homes has become synonymous with the Investor Visa in Dubai.

1. Who is Eligible to Apply for a UAE Golden Visa?

The Dubai Golden Visa is a special residency offer for a variety of global talents. Whether you’re an investor, entrepreneur, scientist, top student, or a frontline worker, you could qualify. With this visa, you can live, work, or study in the UAE and enjoy its perks. It’s a testament to the UAE’s effort to welcome skilled individuals. Additionally, it’s one of the popular Investment Visas in Dubai, often called the Investor Visa in Dubai.

2. When Can Investors Apply for a UAE Golden Visa?

To get an investor’s golden visa in the UAE, you need to own property there. Here’s a simple guide that explains the visa process, steps to apply, costs, common questions, and other details.

3. What Are the Eligibility Conditions to Apply for UAE Golden Visa Through Real Estate Investment?

To obtain a real estate investor visa in the UAE, you need to meet certain criteria. Here are the main requirements:

• Obtain a letter from the Dubai Land Department (DLD) confirming ownership of property/properties worth AED 2 million or more.
• Purchase a property using a loan from a local bank recognized by the appropriate local authority.

If you meet these criteria, you can receive a 5-year Golden Visa, which can be renewed under the same terms.

Additionally, the conditions can differ depending on the specific emirate. For example, the Abu Dhabi Residents Office mandates that you maintain the investment for at least two years after obtaining the real estate investor visa.

For Fully Owned Property:

Provide a Purchase Agreement registered with the DMT. This has details like the landlord’s name, property specifics, location, and purchase price. Also, include a Real Estate Unit Value Certificate. Remember, you only need one of these documents.

For Mortgaged Property:

• Include a Real Estate Unit Value Certificate from the DMT or another authorized real estate registry in the UAE.
• Attach a Search Certificate from the DMT to confirm the property isn’t under any seizure claims.

For Off-plan Property:

• Attach a Purchase Agreement from a recognized real estate developer. This should have details like the landlord’s name, property specifics, location, and purchase price.
• Provide proof that the property is valued at least AED 2,000,000.

4. Applying for a Golden Visa as a Real Estate Investor:

Below are the steps to secure a real estate investor golden visa, whether in Dubai, Abu Dhabi, or other emirates:

Online Application Process:

• Go to the ICP Smart Services website.
• Select “Golden Visa Services” from the services list.
• Complete the application form.
• Upload the necessary documents.
• Make the payment.
• Check your email for application confirmation.

Customer Service Centers:

• Head to the closest service center.
• Take a queue ticket.
• Provide the required documents to the officer.
• Pay any service fees, if applicable.

Typing Centers:

• Visit an ICP-authorized typing center nearby.
• Submit your application and documents.
• Make any necessary payments.

5. What Are the Fees for Issuing a Golden Visa for Real Estate Investors?

The price for a Dubai Golden Visa depends on where you’re applying from. If you’re already in the UAE, it’ll cost between AED 2,800 to AED 3,800. But if you’re outside the UAE, expect to pay between AED 3,800 and AED 4,800. Keep in mind that these prices can change and might have extra fees.

Here’s a breakdown of the costs from the ICP website:

• Residency: AED 2,280
• ID: AED 575
• E-services: AED 28
• ICP: AED 22
• Smart services: AED 100.

FAQS:

1. Where Can You Apply for a Golden Visa?

You can apply for a golden visa through several online channels, such as:

• ICP official website 
• Abu Dhabi Residents Office
• The GDRFAD website 
• UAEICP phone application 
• Customer happiness centres 
• Authorised typing centres

2. What Are the Benefits of a Real Estate Investor Golden Visa?

There are many benefits to obtaining a real estate golden visa, including: 

• Obtaining an easily renewed visa for 5 years 
• The ability to leave UAE for 6 months straight 
• No need for a sponsor 
• Issuing residency permits for family members
• Being able to sponsor domestic helpers
• The ability to stay in the UAE till the permit ending duration if the primary golden visa holder passes away.

3. Can Real Estate Investors Obtain a Permanent Visa?

It is worth noting that the UAE golden visa is a long-term residency for all applicants and not a permanent residency. Having said that, renewing the golden visa can be easily done with the same requirements.

4. How Long Is the Validity of a Golden Visa for Real Estate Investors?

The validity of this type of visa is up to 5 years and it can be renewed if the previous conditions are still applicable.

5. Does the Residency Duration for Real Estate Investors Differ from Outstanding Students?

No, the duration does not differ at all. The only difference between the two is the required documents.

6. What Are the Best Areas to Invest in Real Estate?

Dubai’s real estate market is known for its diversity and distinctiveness in both property types and prices. Here are the top areas for investing in Dubai: 

• Jumeirah Village 
• Jumeirah Palm 
• Mirdif 
• Arabian Ranches

Conclusion

Looking to secure the Golden Investor Visa in the UAE? Consider reaching out to Gardenia Homes. They offer a straightforward solution to help you navigate the process smoothly. With their help, you can confidently pursue your visa goals in the UAE.