Dubai has simplified the rules for obtaining a three-year investor visa when buying property.
According to the Dubai Land Department, it is now enough to invest 750,000 dirhams in ready-made real estate to obtain residency, and not a million, as it was before.
In this case, the investor gets the right to apply for a residence permit in the UAE with the possibility of extension and sponsoring his family.
To apply for a three-year UAE resident visa, the investor must provide a passport and an electronic copy of the certificate of ownership. The cost of obtaining an investor visa at the Land Department is about 12,000 thousand dirhams.
