What is the eligibility for the 2-Year Property Investor Visa?

1. Property Ownership & Value

• Property Type: The visa is strictly for residential, ready (completed) properties in Dubai’s freehold zones. Off-plan properties (Oqood) do not qualify for the 2-year visa (they are reserved for the 10-year Golden Visa if worth AED 2M+).
• Sole Ownership: There is no longer a minimum property value requirement. If you exclusively own a completed residential unit, you are eligible regardless of the purchase price.
• Joint Ownership (Non-Spousal): If the property is shared with partners, each individual’s share must be valued at a minimum of AED 400,000.
• Spousal Ownership: Married couples can apply using a joint title deed even if their individual shares are below the AED 400,000 threshold, provided an attested marriage certificate is presented.

**2. Payment & Mortgage Status

• Mortgaged Properties: You are now eligible to apply for the 2-year visa even if you have only paid the minimum down payment (typically 20%), provided the property is completed and you have a bank NOC.

• Required Documents:

  • No Objection Certificate (NOC): A digital NOC from your bank (in Arabic) confirming they have no objection to you obtaining residency.
  • Mortgage Statement: A recent statement showing the current outstanding balance and your payment history.