Property Investor Visa (2 Years)

The 2 Year Property Visa in Dubai, also known as the Dubai Property Investor Visa. It provides a convenient pathway for property investors to live and work in Dubai, offering benefits like family sponsorship and multiple entry privileges.

What is the 2 Year Property Visa in Dubai?

The introduction of the 2-year property investor visa reflects Dubai’s commitment to fostering an investor-friendly environment and enhancing its real estate sector’s appeal. As the city continues to develop and innovate, property investors can expect increased opportunities and potential returns on their investments. Staying informed about market trends and regulatory updates will be crucial for maximizing the benefits of this visa program.

By choosing to invest in Dubai’s property market, investors not only gain a foothold in a strategic global location but also become part of a thriving, multicultural community that offers a high standard of living and diverse business opportunities.

2 year property investor visa

Eligibility Criteria for the 2 Year Property Visa

1

Minimum Investment

The applicant must invest in property worth at least AED 750,000 (approximately USD 204,000).

2

Property Type

The investment can be in residential properties or commercial properties both are eligible.

3

Property Ownership

The property must be located in Dubai, and it can have mortgages or loans.

4

Property Status

If the property is not completed and handed over, off-plan or under-construction projects are also eligible.

5

Spousal Ownership

If the property is jointly owned by a married couple, a marriage certificate must be presented.

Benefits of the 2 Year Property Visa

  • Live in Dubai for two years, renewable, for investors and their dependents.
  • Work in Dubai by starting a business or seeking employment.
  • Sponsor family members
  • Children can attend Dubai’s top schools.
  • Access Dubai’s high-quality healthcare facilities.
  • Easy travel in and out of Dubai.
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2 Year Property Visa Requirements

What are the requirements to apply to 2-Year Property Visa in UAE?

As part of the application requirements, you must own a property in the UAE worth at least AED 750,000.
If the property is mortgaged, a NOC from the bank / developer is required, along with the property mortgage statement, and it must specify the entire paid amount and the remaining amount.
In case the property joint between Husband & Wife, property share must be equal between both parties. In case the shares are not equal, highest share holder will only allow to apply as primary visa holder then sponsor other party (Spouse).

What are the documents required to apply for a 2-Year Property Visa in the UAE?

To sponsor a family in Dubai, you must provide the following papers with your application:

  • When a title deed is issued for property in Dubai, the property value stated in the title deed must be at least 750,000 AED (other emirates & DIFCA are not accepted).
  • A clear passport copy (Passport valid more than 6 months).
  • Old Emirates ID (If applicable).
  • A high-quality applicant digital photo that matches the ICP specifications (Note: Please find the personal photo guidelines to be followed set by Federal Authority for Identity Citizenship, Customs & Port Security here.)
  • Health insurance (from any insurance company in UAE).
  • Dubai Police issued a certificate of good conduct and behavior addressed to the Dubai Land Department (for residents, use the Dubai Police mobile app; for non-residents, please visit the Dubai Police station in Port Rashid).
  • Applicants from the following countries Must Bring their National ID (IRAN – PAKISTAN – IRAQ – LIBYA – AFGHANISTAN).
  • The applicant’s name in the title deed must be matching with the name in the passport.

As per GDRFA regulation, Medical insurance is compulsory for all residence permits applications. We can assist you to complete your medical insurance registration for you and your family.

You may choose one of the following options:

  • DHA Basic Insurance
  • Comprehensive Insurance

You can contact us through below contact details for registration or more information:

If the property is mortgaged by the developer, you would need a copy of the initial sale certificate.

If the property is completed and not under construction, a payment statement with proof of payment for 50% of the entire property value, or AED 375,000, is required.

2-Year Property Visa in Dubai – Everything You Need to Know

In 2019, the UAE introduced a new system for long-term visas. Foreigners can now live, work, study, and invest in the UAE without the need for a national sponsor and with full ownership of their investments under the new system. The 2-Year Investor Property Visa in Dubai is a prominent Visa that the UAE offers. This Visa grants you unlimited entry to the country if you have a minimum investment of AED 750,000.

Benefits of 2 Year Property Visa in UAE

There are several advantages to the 2 Year Property Visa in the UAE.

  • To begin, you will be able to live in the UAE. There are multiple benefits to living in the UAE, including beautiful weather and a high and secure level of living.
  • There are no direct personal taxes in the UAE, and when there are, they are generally minimal in value.
  • The UAE also boasts strong investment opportunities and business-friendly legislation. This is a fantastic addition to your investment!

2 Year Property Investor Visa Price In Dubai

DescriptionCost in AED
2 years new property investor visaAED 10,212.50
2 years property investor visa renewal (2 years license)AED 7,958.50
2 years property investor visa cancellationAED 938.50

How to Apply for a 2-Year Property Investor Visa in UAE?

You may apply for a 2-year property investor Visa in Dubai by visiting our office in the Dubai. The procedure is straightforward and simple. To apply, complete the instructions below or contact us +971566556645.

NOTE: Please visit our office to get all the information & to process your visa application.

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2 Years Property Investor Visa : Frequently Asked Question

The minimum property value required to qualify for the 2-year property visa in Dubai is AED 750,000 (approximately USD 204,000).

Yes, if the property is under off-plan status, you qualify for the 2-year property visa.

There are no specific age restrictions for applying for the 2-year property visa in Dubai. 

Yes, the 2-year property visa allows you to work in Dubai, either by setting up your own business or by seeking employment in the emirate. 

Yes, your spouse and children can also obtain visas as your dependents under the 2-year property visa program. 

No, it is not necessary to live in the purchased property to maintain the 2-year property visa. 

No, you must hold the property in your name to maintain the validity of the visa. 

The visa application process typically takes 10-15 working days, provided all the required documents are submitted correctly. 

The approval time for the Property Investor Visa in the UAE can vary depending on several factors, including the type of visa applied for, the completeness of the application, and the workload of the immigration authorities. Generally, it can take anywhere from a 4 days to several months to receive approval for a Property Investor Visa. It’s advisable to check with the relevant authorities or consult with Brightlink Golden Visa Team for the most accurate estimation of the approval time based on your specific circumstances.

With Brightlink Management Consultancy you can get Golden Visa approval in just 4 days. Schedule a call now.

Yes, there may be additional charges for medical tests, Emirates ID, and other administrative fees. 

Yes, you can still apply for the 2-year property visa in Dubai even if you purchase the property through a mortgage. The key requirement is that the property must be located in Dubai and meet the minimum investment threshold specified by the visa program.

Yes, health insurance is mandatory for the investor and their dependents to obtain the 2-year property visa. 

Yes, you can renew your 2-year property visa upon expiration, provided you still own the property and meet the eligibility criteria. 

The property can be residential or commercial, and it can be a single unit or multiple units, as long as the total value meets the minimum requirement of AED 750,000.

Yes, you can apply for the 2-year property visa if you purchase a property in a free zone, as long as it meets the minimum value requirement and other eligibility criteria. 

There is no limit on the number of properties you can purchase, as long as the total value of the properties meets the minimum requirement of AED 750,000.

Yes, you can sponsor domestic staff, such as housemaids or drivers, under the 2-year property visa. 

If you sell the property after the two-year period of holding the 2-year property visa in Dubai, the status of your visa would depend on whether you have renewed it or not:

  1. Visa Renewal: If you have renewed your 2-year property visa and it is still valid at the time of property sale, typically, your visa remains valid until its expiration date. Selling the property does not automatically invalidate your visa.
  2. Visa Expiration: If your 2-year property visa has expired and you sell the property afterwards, you would need to apply for a new visa or explore other visa options if you wish to continue residing in Dubai.

It’s important to note that specific rules and regulations may apply, and it’s advisable to consult with immigration authorities or legal experts in Dubai to understand the exact implications based on your individual circumstances.

Yes, after holding the 2-year property visa in Dubai, you can explore options for obtaining a longer-term residency permit. Here are a few possibilities:

  1. Long-Term Residence Visa (Golden Visa): If you continue to meet eligibility criteria, such as maintaining property ownership and fulfilling other requirements, you may qualify for a Golden Visa. This visa can provide extended residency periods of 5 or 10 years, depending on the category.
  2. Investor Visa: You might qualify for an investor visa if you continue to invest in Dubai’s economy, either through property or other qualifying investments. This type of visa can offer longer-term residency options.
  3. Employment-Based Visas: If you secure employment in Dubai or start a business, you could explore visa options tied to your employment status, which may lead to longer residency permits.
  4. Family Sponsorship: If eligible, you can sponsor your family members (spouse, children) for residency in Dubai, which could provide longer-term residency rights for them.

Each of these options has specific eligibility criteria and requirements that you would need to fulfill. It’s advisable to consult with immigration experts or authorities in Dubai to understand the best pathway for obtaining a longer residency permit based on your individual circumstances and goals.

In Dubai, there are generally no income taxes on rental income or capital gains tax on property sales, making it an attractive destination for property owners. However, it’s essential to consider a few key points regarding tax implications for property owners with a 2-year visa:

  1. No Income Tax: Dubai does not levy income tax on rental income generated from property.
  2. No Capital Gains Tax: There is no capital gains tax on property sales in Dubai, including for foreign investors.
  3. Property Taxes: There are no annual property taxes in Dubai for residential properties. However, there is a small registration fee (known as “housing fee”) paid annually to the Dubai Land Department, which is generally a nominal amount based on the property’s rental value.
  4. Wealth and Inheritance Taxes: Dubai does not currently impose wealth taxes or inheritance taxes.
  5. Other Considerations: While Dubai offers a tax-efficient environment for property owners, it’s important to stay informed about any changes in tax laws and regulations that may impact property ownership and residency.

It’s advisable to consult with tax advisors or legal experts who specialize in UAE taxation to get personalized advice based on your specific situation and to ensure compliance with all relevant tax laws.

Yes, it is possible to obtain a 2-year property visa in Dubai by purchasing a property through a company. The key points to consider are:

  1. Company Ownership: The property must be registered under the name of the company, with the company being the legal owner.
  2. Investment Threshold: The property investment must meet or exceed the minimum threshold set by the visa program, which is currently AED 750,000 (approximately USD 204,000).
  3. Eligibility Criteria: Ensure that the company structure and ownership comply with Dubai’s regulations regarding property ownership by foreign entities.
  4. Visa Application: The visa application process would involve submitting the necessary documents related to the property ownership through the company, along with fulfilling other requirements such as health insurance, good conduct certificate, etc.

It’s advisable to work closely with legal advisors or consultants specializing in Dubai property and visa regulations to navigate the process smoothly and ensure compliance with all requirements.