Dubai has just changed two-year residency visa rule
Here’s what you need to know
If you’re thinking of making the big move to Dubai, then you may be interested in this latest residency visa update.
An update published on the Cube Center, which is affiliated with the Dubai Land Department, has revealed that the rules for qualifying for the emirate’s two-year property owner visa have just been relaxed.
No formal announcement has been made but a pop-up on the Cube Center website, written in English and Arabic, says that there are now new rules, more opportunities and greater flexibility for property owners.
The updated rules have completely scrapped the Dhs750,000 minimum property value threshold for sole owners, provided the applicant is the sole owner of the asset. This means that there is now no minimum threshold at all for individual property owners.
Jointly owned properties now have a minimum cap of Dhs400,000 per investor, including cases where the ownership of the property is split equally.
This means that the rules have now broadened to open the door for more property owners to apply for UAE residency through property ownership. While the eligibility criteria have now widened for the two-year visa, all applications remain subject to approval from the relevant authorities.
The Cube Center also lists the documents required to apply for a two-year investor property visa in Dubai. To sponsor a family in Dubai, you’ll need:
- Title deed of a property in Dubai (properties issued from other Emirates or from DIFC are not accepted)
- Liability/No Objection Certificate (NOC) from the bank (if the property is mortgaged) or a payment statement from the developer (if the property is developer-financed)
- A clear passport copy (passport valid for more than 6 months).
- Old Emirates ID (if applicable).
- A high-quality applicant digital photo that matches the ICP specifications
- Health insurance from any insurance company in UAE
- Dubai Police issued a certificate of good conduct and behaviour addressed to the Dubai Land Department (for residents, use the Dubai Police mobile app; for non-residents, visit the Dubai Police station in Port Rashid).
- Applicants from the following countries Must Bring their National ID: Iran, Pakistan, Iraq, Libya and Afghanistan
