How to obtain a residence permit in the UAE through real estate purchase?

Introduction

The United Arab Emirates has an attractive program for foreign investors, offering the opportunity to obtain residency through real estate purchases. However, in the UAE's legal framework, terms such as temporary residency (TR) and permanent residency (PR) do not appear.

Instead, immigrants can obtain a resident visa, which essentially serves the functions of a residence permit and allows them to stay and live in the country. This visa can be issued for a period of up to ten years, which is directly related to the price of the purchased real estate.

Timeline for obtaining a resident visa

What are the expected timelines for obtaining a residency visa in Dubai when purchasing property? Specifically, if we are talking about buying an apartment in Dubai that costs more than...750 thousand dirhams (which is approximately equivalent to205 thousand dollarsThe resident visa is issued for a period of two years.

At this time, investors have the opportunity to apply for a mortgage loan. For people of retirement age over55 years oldA five-year visa is available if the property value is at least1 million dirhams(approx.275 thousand dollars).

However, in this case, the full amount must be paid without taking out a loan, and a mortgage is only allowed for the amount exceeding the established minimum.

New rules for obtaining a "golden visa"

CSeptember 2022New rules have come into effect, according to which obtaining a "golden visa" requiresten yearsI need to purchase real estate worth from2 million dirhamsApproximately545 thousand dollarsIn this case, it is recommended to make the purchase for the specified amount without using mortgage funds.

Apartment listings in Dubai

Currently, there are many interesting apartment options available in Dubai. For example, you can find investment apartments in the center of Motor City that generate profit.9%annual, with a starting price of145 thousand dollars.

• New apartments in a highly developed complex in the Arjan area starting from208 thousand dollarsand expected return8.2%The completion of construction is scheduled for the fourth quarter.2026.
• Elite project Erin in the City Walk area, apartment with an area of121 square metersis estimated at588 thousand dollarswith a potential return of up to7.5%.
• Residential complex in Dubai Marina with designer finishes from the Swiss brand Franck Muller, starting price from773 thousand dollarsThe completion is scheduled for the second quarter.2027.

New residences

On Palm Jumeirah, there is an impressive new residence, Armani Beach Residences, featuring its own beach and pools, with a starting price of6,254,000 dollarsThe delivery is scheduled for the fourth quarter.2026.

It is also worth noting the Eywa residence in the Business Bay area, by the canal with recreational areas and waterfalls, where prices start from2,768,000 dollarsand the completion of construction is also scheduled for2026.

Conclusion

According to experts, investing in real estate in Dubai is quite profitable, and the variety of new projects at different stages of development generates consistently high interest from both investors and buyers. Overall, the real estate market in the UAE offers numerous opportunities for generating stable income and achieving the desired resident status.

You have access to 387 modern apartments in the newest residential complex 25h heimat, located in the heart of Dubai, near the Burj Khalifa and Dubai Mall. The unique location in the United Arab Emirates highlights the prestige of this residence. Prices for these apartments start at $659,000, with construction set to be completed in 2027. This complex offers its residents various amenities, including pools and mini-golf, creating ideal conditions for relaxation and outdoor leisure.

Financial aspects

It is also important to mention the financial aspects, which are quite significant. For example, investors who acquire new real estate have the opportunity to easily renew their residency visa in the Emirates. This creates an additional incentive for investments. However, it should be noted that a person who has received a two-year residency visa must stay in the country for at least six consecutive months; otherwise, they risk losing their resident status. For those who are applying...“golden visa”For ten years, there are no such restrictions, which makes this option quite attractive.

Conditions for obtaining a resident visa

To obtain a residence permit through the purchase of real estate, a number of conditions must be met. First and foremost:

• The property being purchased must be residential — commercial properties will not be suitable.
• The property must be completed and ready for occupancy.
• The size of the housing should correspond to the number of family members, which also needs to be taken into account.

An investor can have between one and three properties that meet all the necessary criteria. In the case of joint ownership, each investor's share must be at least 750,000 dirhams.

Family rights

It is worth noting that a resident visa can be issued not only to the investor but also to their close relatives. Thus, the opportunity to move to the Emirates is available to the whole family. To whom exactly is the residence permit issued?

• Investor's wife.
• To unmarried daughters of any age.
• Sons until the age of 18 or until 21 if they continue their studies.

The visa for children is issued for one year, with the possibility of extension during their educational process. The investor's parents, who depend on him, can also obtain a visa for a similar duration with potential extension, provided they pay a deposit and confirm an income of at least 20,000 dirhams per month (approximately 5,450 USD).

Additional opportunities for residents

Residents of the UAE can also bring their family members if their monthly income exceeds 4,000 dirhams (approximately 1,090 dollars).

Features of buying real estate with a mortgage in the UAE

Buying property using a mortgage in the United Arab Emirates has its specific nuances that are important to know, especially if you aim to obtain a two-year residency visa in Dubai. This process is quite feasible, but it is crucial to thoroughly study the requirements of this program. How can one obtain a residency visa in Dubai through a mortgage loan for purchasing an apartment?

Conditions for obtaining a resident visa

The first step is to pay off at least50%the amount of the mortgage loan in relation to the total value of the property. It is also worth noting that the minimum value of the property for which a mortgage can be obtained must be at least750 thousand dirhamsFor example, if someone wishes to purchase a villa worththree million dirhamsand makes an initial deposit of750 thousand dirhamsThe financial institution may well approve a loan for the remaining amount, which would make it possible to obtain a residence permit.

Steps for obtaining a resident visa

When applying for a resident visa, several sequential steps need to be completed:

• Complete the real estate purchase deal in the UAE, with the cost being at least750 thousand dirhamswhich is equivalent to approximately205 thousand US dollars.
• Register the property with the land department of the emirate where the purchase took place in order to obtain an official certificate of ownership.
• Obtain a certificate of no criminal offenses from the police in the UAE.
• To undergo a medical examination at accredited healthcare facilities to confirm the absence of serious infectious diseases. The list of required tests includes:
  • HIV test;
  • Chest X-ray to rule out tuberculosis.
• Submit fingerprints, take a biometric photo, and provide the original passport at one of the government centers, such as GDRFA or Amer in Dubai.

Application for a resident visa

After completing all the steps described above, the situation allows for applying for a resident license both online and offline. The application must be submitted to the General Directorate of Residency and Foreigners Affairs (GDRFA) in the relevant emirate.

Additional application submission options

There is also the option to apply through the GDRFA website in Dubai or through the online portal of the Federal Authority for Identity and Citizenship (ICA). Additionally, retirees can apply for visas on the official Visit Dubai website.

Visa status check

To track the status of your residency visa, there is an option to check on the GDRFA website in Dubai. There is also a tracking feature available through the Dubainow mobile app, which significantly simplifies the process for users.

Time to process a resident visa

How much time is required to process a resident visa in the UAE? In most cases, it is quite fast: the procedure for obtaining a visa through the property purchase program usually takes only2-3 weeksfrom the moment all necessary documents are submitted.

Conclusion

In conclusion, the process of obtaining a residency visa in the United Arab Emirates through real estate purchase opens up great opportunities for both investors and their families. I believe that this route is attracting more and more people due to the appealing conditions and opportunities offered by the UAEreal estate market.

The conditions for obtaining a visa can vary depending on the amount of investment and the type of real estate, making the market accessible to different categories of investors.

It is important to emphasize that having a resident visa, even if it is not a complete equivalent of a Russian residence permit, offers many advantages. Investors who retain their property have the opportunity to extend their visas an unlimited number of times.

Translation of the family

Moreover, the possibility of relocating the entire family to the country makes this program particularly appealing. I see how many people want to improve the quality of life for their loved ones and provide them with the opportunity to live, study, and work in a rapidly developing region.

Important points for investors

Every aspect, from the timeline for processing to the requirements for the property, should be carefully examined before making a decision. These details can significantly impact overall success. Potential investors should consider not only the cost of the property but also their financial capabilities and the future prospects of the market.

Conclusions

In conclusion, a resident visa in the UAE, along with investing in real estate, offers vast opportunities for personal and financial growth. I hope this article has provided participants with the necessary knowledge to successfully navigate the process of obtaining a resident visa and building a new life in the United Arab Emirates.