Dubai updates two-year residency visa rule for property investors

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ABU DHABI: Dubai has officially updated its residency requirements for the two-year property investor visa, establishing a clear entry point for homeowners seeking short-term residency.

According to the revised guidelines, investors are now eligible for this visa if they own a property with a minimum value of Dh750,000. This move complements the recent changes to the 10-year Golden Visa, offering a more accessible residency tier for those who do not meet the Dh2 million threshold required for the longer-term stay.

The update simplifies the process for investors utilizing mortgages or purchasing property in joint ownership. Under the new rules, if a property is mortgaged, the applicant must provide a No Objection Certificate (NOC) from the bank and proof of a specific paid-up amount.

For properties owned by multiple people, such as spouses, the individual share of the investment must still align with the minimum valuation to qualify. This regulatory fine-tuning aims to provide transparency and stability for the growing number of international buyers entering Dubai's mid-market real estate segment.