Frequently Asked Questions

What is the holding period for a Golden Visa if you have sold your property and are planning to buy a new one?

There is an expected holding period of 30 days when purchasing a property that qualifies for the Golden Visa.

If you already hold a Golden Visa and intend to sell your current property, you must first cancel your existing visa.

This cancellation process typically takes 48–72 hours.

After the cancellation is complete, you may proceed to purchase a qualifying property with a minimum value of AED 2 million. Prosper property experts can advise you of the best properties in the market and help you mortgage it with only 20% downpayment and the lowest interest rates.

Once the purchase is finalized, you can apply for a new Golden Visa like this.

The standard processing time for the visa is approximately 7–10 working days.

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