Dubai Golden Visa On Property FAQs – Key Answers

I’ve received several inquiries regarding the Dubai Golden Visa 10 years and its requirements. Here are the most common questions and their answers for your reference:

1. What is the minimum property value for the Golden Visa???

- AED 2M property value or Multiple properties with a combined value of AED 2M also qualify.

2. What documents are needed for the application???

- Title Deed (fully paid AED 2M).??

- For mortgaged properties: Initial contract, Statement of accounts, NOC from the bank.??

- Passport, Visa, Emirates ID, Digital photo (white background).

3. Can the applicant sponsor a maid or driver???

- Yes, once the Golden Visa is issued, the applicant can sponsor a maid or driver for 1-2 years.

4. Can the applicant sell the property after obtaining the Golden Visa???

- The property cannot be sold until the visa is cancelled. The visa remains valid as long as the property is owned by the applicant.

5. How can I revalue an existing property???

- A revaluation can be requested from the Dubai Land Department (DLD).

6. Can two partners jointly apply for the Golden Visa for a single property???

- No. For joint ownership, the property must meet the AED 2M requirement per individual. If the value is split (e.g., AED 1M each), neither partner qualifies. Each must have separate ownership or a property worth AED 2M to apply.

7. Can a client apply for the Golden Visa if the property is off-plan???

Yes, the client can apply for the Golden Visa for an off-plan property, but they must provide a copy of the escrow statement of account from the developer. Additionally, at least 20% of the payment must have been made.

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For assistance or more details, feel free to reach out:

Contact:??

Call/WhatsApp: +971506531150??

Eslam Hamza

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