Which Properties to invest in, to get the Golden Visa of Dubai - PowerPoint PPT Presentation

Title: Which Properties to invest in, to get the Golden Visa of Dubai


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Which Properties to invest in, to get
the Golden Visa of Dubai
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T he D uba i R ea l E sta te ma rket i s rea l l
y l ooki ng very propi t i ous despi te the di
squi et the two yea rs of the pa ndemi c ha
d set i n . F or the l a st two deca des, D
uba i ha s been growi ng economi ca l l y , thi
s growth i s a ttri buta bl e to
the growth of domi na nt sectors such a s petrol
eum, a rchi tecture, constructi on, tra nsporta t
i on, l ogi sti cs, touri sm, a nd rea l esta
te. And of the domi na nt sectors, rea l esta
te ha s contri buted 1 3 to the D uba
i economy i n the yea r 2021 . T he l
ow cost of a cqui s i t i on per squa re meter vi
s- a - vi s other i nterna t i ona l ci t i
es, a nd the promi se of a hi gh R O I ha ve a
ppea l ed to a nd i nfl uenced i nvestors buyi
ng deci s i ons. As per a report by Ma shreq, a l
endi ng compa ny owned by the Al G hura i r fa mi
l y , the E S G fa ctor wi l l ca ta l yse rea l
- esta te buyi ng i n the G CC countri es for the
next 1 0 yea rs .
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T he D uba i government cha nged the l a ws to a
l l ow forei gn i nvestors to buy resi denti a
l properti es i n 2002 a nd the government s i
nce then rel a xed the l a ws further to moti va
te forei gn rea l esta te i nvestors. T o top i t
, a pa rt from the R O I a resi denti a l
property promi ses, a forei gn buyer ca n a l so
get a perma nent resi dency by obta i ni ng the
G ol den V i sa of D uba i . F rom the poi nt
of vi ew of i nvestment a nd the cha nce to obta
i n a nd G ol den V i sa , D uba i presents i
tsel f a s a pri me ma rket. T here a re
properti es a va i l a bl e i n top- notch l oca
t i ons, such a s B urj D uba i , D uba i Ma r i
na , P a l m J umei ra h , P a l m J ebel Al i ,
a nd D uba i l a nd to na me a few. D uba i
offers properti es i n two ca tegori es to i
nvest i n , there a re l ea sehol d properti es a
nd there a re freehol d properti es to purcha se.
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What is a leasehold property?
W h i l s t a l e a s e h o l d p ro p e r ty p
h y s i ca l l y b e l o n g s to th e p u rch a
s e r , th e p u rch a s e r d o e s h o we v e
r h a v e r i g h ts o v e r th e l a n d i t i
s co n s tru cte d o n . T h e l a n d i n th i
s ca s e i s o wn e d b y th e f re e h o l d e
r o r th e l a n d l o rd wh o l e a s e s th
e p ro p e r ty to th e b u y e r fo r 9 9 y e
a rs ( o r l e s s ) , th e l e a s e te rm ca
n b e e x te n d e d u p o n e x p i ry . T h e
re a re m a n y o p t i o n s to b u y a l e a s
e h o l d p ro p e r ty i n D u b a i
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What is a Freehold property?
What will be the validity of the Visa?
Sheik Maktoum introduced the freehold property
ownership law in the year 2002, this law allows
non-GCC foreigners to purchase and legally own
the physical property and also the land it is
built on. The purchaser is granted the title
deed of the property by the Dubai Land
Department (DLD). The freeholder is given the
right to occupy, lease or sell the property on
their will. And in the event of the demise of
the freeholder the property can be inherited by
their family members.

• A visa is generally valid for 3 or 5 years and
  this is dependent on the amount of investment
  made by a foreign buyer.
• The minimum investment of AED 1
• million allows grant of a Golden Visa for a
  period of 3 years, and an investment
• of AED 5 million and above allows a
• 5year validity to the Golden Visa. And these can
  be renewed upon expiry
• irrespective of the amount invested

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Leasehold or Freehold, which investment will
allow an investor to obtain the Golden Visa of
Dubai?

• A l be i t a n i n v e s to r l o o ki n g a
  t R O I fro m a re a l e s ta te i n v e s tme
  n t i n D u ba i ca n e i th e r pu rch a s
  e a l e a s e h o l d o r fre e h o l d pro pe
  rty, fo r
• a tta i n i n g a G o l de n V i s a , a n i n v
  e s to r mu s t i n v e s t i n a fre e h o l d
• pro pe rty. O n e ca n n o t a ppl y fo r a G o l
  de n V i s a i f th e pro pe rty i s
• pu rch a s e d n o t u n de r th e V i s a gu i
  de l i n e s . T h e mi n i mu m re a l e s ta te
  i n v e s tme n t re qu i re d fo r ge tti n
  g a G o l de n V i s a i s 1 mi l l i o n A E
  D o r
• mo re , th e v i s a gu i de l i n e s a l s
  o s t i pu l a te th a t a n i n v e s to r a
  ppl y i n g fo r a G o l de n V i s a mu s t pro
  cu re pro pe rti e s fro m de v e l o pe rs wh
  o a re
• a ppro v e d by th e D L D a n d be fo re th
  e co n s tru cti o n i s co mpl e te a pu rch a
  s e fro m a s e co n da ry ma rke t wi l l n o
  t be e l i gi bl e a s a n
• i n v e s tme n t fo r G o l de n V i s a .

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How to choose the right property in Dubai?
There are many bountiful properties available for
purchase, including townhouses, villas,
and apartments. It is very critical to buy the
right property for full ownership and most
importantly to obtain the Golden Visa.
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