Stay in Dubai by buying a property

The remarkable progress the United Arab Emirates has made in trade, employment, tourism, and investment — especially through buying property in Dubai — has turned it into one of the most popular destinations for immigration. Factors such as zero income tax, a rapidly growing economy, and a high standard of living have all contributed to its appeal. Obtaining Dubai residency through property ownership is widely recognized as one of the easiest and most reliable ways to move to the UAE.

Anyone who purchases a property worth at least AED 750,000 becomes eligible to receive a 2-year Dubai residency visa for themselves and their family members. The duration of the residency permit depends on the total investment amount and property value. Once the initial residency period expires, it can easily be renewed. The minimum investment requirements for each residency category are as follows:

• Property purchase worth AED 750,000 for a 2-year residency visa
• Property purchase worth AED 1,000,000 for a 5-year residency visa
• Property purchase worth AED 2,000,000 for a 10-year residency visa

Given the growing interest in this topic, we at New Way have decided to provide a comprehensive overview of the latest Dubai residency requirements, associated costs, and key updates. So, if you are planning to move to or start a new life in the UAE, make sure to read this article until the end.

Initial Requirements for Obtaining Dubai Residency Through Property Purchase

• No criminal record: Provide documents confirming that you have no criminal background or legal convictions.
• Minimum age of 18: Anyone over 18 is eligible to apply for Dubai residency through property investment.
• Consulting with a reputable real estate agent: Many investors have applied for Dubai residency by purchasing property. Thoroughly research the process and seek advice from an experienced real estate or legal consultant before making any decisions.
• Having sufficient financial means: To invest in Dubai, you must have a minimum capital of AED 750,000. You can choose from various options such as villas or apartments in Dubai. The property must be residential and located in an area where foreign ownership is permitted.
• Property registration: The purchased property must be officially registered under your name at the Dubai Land Department.
• Flexible payment options: If you opt for a mortgage, at least 50% of the property’s total value must be paid before applying for residency. (Installment payment options are also available.)

“Property investors whose assets’ value has crossed Dh2 million can apply for the Golden Visa by first getting their property evaluated through the Dubai Land Department (DLD).”

Source: khaleejtimes

Required Documents for Applying for UAE Residency

The documents needed to obtain residency in Dubai include the following:

• General documents: Residency application form, valid passport and national ID, property registration documents, signed purchase agreement between buyer and seller, proof of financial capability, and two recent passport-sized photographs.
• Financial documents: Bank statements, proof of financial solvency, and account activity for at least the past three months.
• Health documents: Certificate of good conduct (no criminal record) and valid medical fitness certificate.

Steps to Obtain UAE Residency Through Property Purchase

1. Property selection: Consider personal preferences, family size, and overall budget to ensure the property suits your lifestyle and financial goals.
2. Property purchase: Ensure the transaction is conducted through a licensed and reputable real estate company and verify that the property is registered under your name.
3. Applying for Dubai residency through property ownership: Consult your real estate advisor, then visit the General Directorate of Residency and Foreigners Affairs (GDRFA) to submit your application.
4. Submitting health documents: Complete a physical examination at an approved medical center to obtain your medical fitness certificate.
5. Applying for an Emirates ID: After approval, apply for an Emirates ID, an essential identification document in the UAE.
6. Periodic visa renewal: Renew your residency visa before it expires to maintain legal residency status.

Legal Notes and Requirements

• After signing the purchase contract, a percentage of the property’s total value must be paid to the real estate agent as a commission.
• To complete the title transfer, visit the Dubai Land Department office.
• The purchased property must not be mortgaged or held as collateral.
• Residency visas cannot be issued for off-plan properties not officially registered under the buyer’s name.
• If a property is purchased jointly, each shareholder must own at least AED 1,000,000 to qualify for a residency visa.
• Residency visas are not issued for properties purchased through mortgage-based or pre-sale payment plans.

New Dubai Residency Rules for 2025

UAE residency permits are issued as either permanent or temporary (renewable). One of the simplest and most straightforward ways to obtain Dubai residency is through real estate investment. The duration depends on the total property value. Long-term visas of 5 to 10 years require higher investment, as explained below.

There are three main categories of Dubai residency through property ownership:

1. 2-year residency visa: Applicants must invest at least AED 750,000 in a ready-to-move-in property (not off-plan). This visa is more stable than a 6-month visa and can be renewed every two years.
2. 5-year residency visa: Applicants must invest at least AED 1,000,000. This category is generally for investors aged 55 and above and professional consultation is recommended.
3. 10-year residency visa (Golden Visa): Granted to investors who purchase property worth at least AED 2,000,000. More details are available in our comprehensive article on the UAE Golden Visa.

Dubai Residency Requirements for Iranian Citizens

The United Arab Emirates, due to advantages such as good relations between Emiratis and Iranians, proximity to Iran, and more, has become one of the suitable destinations for Iranians. There are various methods for Iranians to obtain residency, including company registration in Dubai, which has been discussed in detail in a previous article.

Buying property in Dubai and obtaining residency is one of the most popular methods for Iranians, especially due to flexible installment plans. Based on the factors mentioned, Iranian citizens can choose the most suitable option depending on their lifestyle, budget, and abilities.

Dubai Residency Costs 2025

Property prices in Dubai are very variable and depend on many factors. For example, prices increase closer to the city center and decrease the further away you go.

The highest prices are for penthouses. For example, a penthouse in an area like Palm Jumeirah can cost up to 30 million dirhams. Additional costs such as registration, issuance fees, and others also apply. An estimated breakdown is provided in the table below.

Residency Renewal Costs Through Property Purchase

The renewal costs for Dubai residency are as follows:

• Standard visa renewal: 370 to 800 dirhams
• Emirates ID application: 170 to 370 dirhams
• Medical test: 250 to 500 dirhams
• Administrative document services: 100 to 200 dirhams

Minimum Property Value to Obtain Residency

The minimum property value to qualify for Dubai residency is 750,000 dirhams. According to new residency regulations, the value stated in the property deed is considered the official reference for eligibility.

Advantages of Buying Property in Dubai and Obtaining Residency

Some people refer to Dubai as the city of the best of everything because virtually everything you encounter in this beautiful city is offered at its finest. While some may consider this a slight exaggeration, there is certainly merit to the claim!

To be fair, Dubai is one of the largest cities in the United Arab Emirates with high urban standards and a strong economic environment. The city offers excellent living amenities for families. Additionally, by providing top job opportunities for women in Dubai, the UAE has significantly enhanced the quality of life and welfare for expatriates.

In recent years, Dubai has experienced remarkable growth and development, making investment in the city a highly profitable decision. Being consistently ranked among the top tourist destinations worldwide, its proximity to Iran, and lower transportation costs compared to other countries are additional advantages of obtaining residency. One of the most popular methods is buying property in Dubai and obtaining residency, which is explored further below.

1. Living in one of the most advanced cities in the world
2. Becoming eligible for the Golden Visa
3. High rental returns
4. Permission to open a bank account
5. Access to financial and welfare facilities
6. Eligibility to obtain a driver’s license
7. Good educational opportunities in schools and universities
8. Tax-free investment
9. High economic growth
10. Managed inflation
11. High safety and security
12. Luxurious lifestyle
13. Option to extend temporary residency
14. Ability to purchase a mobile SIM card

Disadvantages and Challenges of Obtaining UAE Residency Through Property Purchase

Migration through property purchase may come with notable financial risks and challenges. Below are some of the key issues to consider:

1. Hidden costs: In addition to the property purchase price, additional expenses such as property registration fees, real estate agency commissions, and insurance may increase the total cost.
2. Mortgage requirements: If the property is purchased through a mortgage, at least half of the loan amount may need to be paid before applying for the residency visa.
3. Visa renewal: Residency visas must be renewed upon expiration, and maintaining your residency and investment status is required for renewal.
4. No permanent residency: Purchasing a property in Dubai does not automatically grant permanent residency or citizenship in the UAE.
5. Relatively high property prices: As Dubai is one of the most developed cities globally, property prices can be high. This is generally suitable for investors with higher financial capacity. However, compared to some property prices in Tehran and other major Iranian cities, Dubai's property can still be considered comparatively affordable.
6. Residency ends if the property is sold: If the property is sold or transferred, the associated residency visa will no longer remain valid.

Best Areas to Buy Property in Dubai and Obtain Residency

The best areas for obtaining UAE residency through property purchase include a variety of options with different lifestyles, budgets, and investment goals. These areas not only offer excellent amenities and prime locations but are also highly desirable in terms of property value growth and access to residency services. Some of the best neighborhoods in Dubai include:

1. Dubai Marina: A modern and popular area with stunning views of waterways and luxury towers, combining a luxurious seaside lifestyle with various recreational facilities and profitable investment opportunities.
2. Downtown Dubai: The heart of Dubai, home to Burj Khalifa and Dubai Mall. Downtown Dubai is a luxurious choice for investors and those seeking to live in the vibrant city center.
3. Business Bay: A modern area combining commercial and residential spaces with skyscrapers and excellent access to central Dubai, considered a strategic destination for professionals and long-term investors.
4. Jumeirah Village Circle: A growing and affordable neighborhood ideal for families, offering a mix of villas, townhouses, and apartments at more reasonable prices than central areas. Jumeirah Village Circle provides high-quality living with a reasonable budget.
5. Palm Jumeirah: A man-made island in Dubai offering ultra-luxury villas and apartments to buyers.
6. Dubai Hills Estate: A modern development featuring golf courses, extensive green spaces, international schools, and reputable shopping centers, providing an ideal environment for families and a luxurious lifestyle. Dubai Hills Estate is recognized as a unique choice for comfort and well-being.

Is Permanent Residency in the UAE Possible Through Property Purchase?

There is no permanent residency in Dubai, and the UAE does not grant permanent residency to anyone. Unfortunately, in recent years, with growing interest in migrating to Dubai, real estate scams promising permanent residency or claims such as Dubai residency for AED 200,000,000 have increased significantly.

Despite all public awareness efforts, such promises, like obtaining an UAE passport, can still mislead many people. It is strongly recommended to proceed only through legal channels and reputable companies and avoid any suspicious transactions.

Alternative Options for UAE Residency

Some alternatives to buying property for obtaining residency include:

• Company registration: Registering a company and conducting business can grant an investment visa. Minimum investment starts from AED 150,000.
• Work visa: Currently, this visa is mostly issued to doctors and nurses.
• Original and copy of marriage, divorce, and children's birth certificates
• Golden Visa: A 10-year visa for specific individuals such as entrepreneurs, specialists, top students, etc.

How to Renew Dubai Residency

Residency renewal costs vary depending on the investment amount but typically require AED 1,000. Applicants must submit the following documents to the Dubai Immigration Department (GDRFA):

• Original and copy of the property ownership document
• Original and copy of national ID, passport, and Iranian birth certificate
• Original and copy of marriage, divorce, and children's birth certificates
• Payment of AED 1,000

Steps to Apply for Dubai Residency After Receiving the Property Title

After purchasing your desired property through a licensed real estate agent, the next critical step is completing the legal process to obtain residency. The following steps are required to finalize your residency application:

1. Submit the visa application to the Dubai Land Department

Submit the original property title along with the Dubai visa application and other identification documents such as passport to the Dubai Land Department (DLD). After reviewing the documents, the department issues an approval letter in Arabic.

2. Submit the approval letter to the police

After receiving approval from the Land Department, take the document to the local police station. Following their review, the police issue a certificate of good conduct (approximately AED 220).

3. Submit all collected documents back to the DLD

After obtaining the certificate of good conduct, submit it along with all previously collected documents, including passport copies, utility bills, mortgage documents (if applicable), and other necessary documents to the DLD.

Introducing Popular Areas for Iranians to Buy Property in the UAE and Obtain Residency

Iranians living in the UAE typically choose areas for property purchase that culturally, access-wise, and lifestyle-wise match their needs. In this section, we introduce some Iranian-populated neighborhoods in Dubai for property purchase and residency:

• Deira, Dubai: One of the oldest and busiest areas of Dubai, known for its traditional markets, active commercial spaces, and a significant Iranian presence.
• Bastakiya: A historic area with traditional Iranian architecture preserving the cultural roots of Iranian migrants.
• Bur Dubai: A densely populated and diverse neighborhood with a traditional texture, housing many Iranian businesses and residents.
• Al Quoz: An industrial and residential area where some Iranians reside.

Can Residency Be Obtained by Buying Property in Dubai?

Since 2019, the UAE has offered the Golden Visa, creating a new pathway for attracting international investors. Initially, obtaining a Golden Visa through property purchase in Dubai was only possible for those with investments between 5 to 10 million درهم. However, since October 2022, following new government reforms, obtaining a Golden Visa has become much simpler.

These changes include a significant reduction in the minimum investment amount, removal of residency restrictions outside the country, allowance for purchasing off-plan properties, and eligibility for mortgage financing. Now, with an investment of just 2 million درهم (approximately 545,000 USD) in the UAE property market, you can obtain a 10-year residency through property ownership. Additionally, a more affordable option is available: purchasing a property worth 750,000 درهم (around 204,000 USD) qualifies you for a 2-year UAE residency.

Summary of Obtaining Dubai Residency Through Property Purchase

In this article from New Way Real Estate, we aimed to provide the most important points you need to know regarding Dubai residency through property purchase. We hope this information has been useful and has expanded your knowledge on the subject.

For more information about buying property in Dubai for residency, you can contact our offices in Dubai (licensed real estate consultants) through the available communication channels.

Frequently Asked Questions About UAE Residency Through Property Purchase