What documents are needed from the bank (mortgaged property) or developer (payment plan) as per the Dubai Golden Visa?

If your property is financed through a bank or a developer payment plan, you must provide the following to the Dubai Land Department (DLD):

1. No Objection Certificate (NOC)

• A formal letter from your bank or developer stating they have no objection to you applying for the Golden Visa.
• You can often request this electronically via the Dubai REST App for major UAE banks and developers (like Emaar, DAMAC, or Nakheel).

2. Liability Letter / Mortgage Summary

• For Mortgaged Properties: A "Liability Letter" from the bank addressed to the Dubai Land Department.
• For Off-Plan Properties: A "Statement of Account" or "Payment Statement" from the developer showing the total amount paid toward the purchase price.

3. Confirmation of Purchase Value

• The purchase price listed on your Title Deed or Oqood (Initial Sale Contract) must be AED 2 million or more.
• You no longer need to have "paid off" AED 1 million of the mortgage to qualify. As long as the property value is AED 2M+, you are eligible regardless of the remaining mortgage balance.

You can also consult with Prosper experts to help you navigate your application in a seamless manner.