Dubai eases residency visa rules for property investment

Dubai authorities have revised residency visa rules tied to property investment, expanding eligibility for two-year renewals. The previous minimum property value of Dh750,000 for sole ownership has been eliminated under the new criteria published on Cube Centre.

Full ownership is now required for applicants in that category. For joint properties, each investor must hold at least Dh400,000 worth of shares, regardless of ownership distribution. No public announcement was made regarding these changes.

Standard documentation remains necessary, including a valid title deed, passport copy, Emirates ID, medical insurance, and good conduct certificate from Dubai Police. Applicants from Pakistan, Iran, Iraq, Libya, and Afghanistan must present their National ID cards. Banks or developers may require no-objection certificates for mortgaged or payment plan properties.

The revised residency scheme is part of the UAE’s broader visa framework introduced in 2019 to attract foreign investors and professionals. The program enables property owners to secure renewable residency without a local sponsor, allowing them to sponsor family members as well.