Get Your Slice of the UAE Dream: Golden Visas, Swanky Villas, and Your Passport to Paradise
Ladies and gentlemen, buckle up and prepare for takeoff! The real estate rocket in Dubai is soaring to new heights, and with the UAE Golden Visa on board, this journey has never looked more promising. Thanks to the Golden Visa program, you, our distinguished foreign investors, can bask in the sun-kissed luxury of the UAE while enjoying long-term residency perks. At Altitude Real Estate, we’re your first-class ticket to this incredible opportunity.
In the week ending March 17th, Dubai’s property market witnessed a staggering AED10.1 billion ($2.8 billion) in transactions, covering 3,903 deals. Plots, apartments, and villas were snapped up faster than a tray of gourmet hors d’oeuvres at a swanky soiree. With property prices doubling in luxe locales like Palm Jumeirah, it’s no surprise that the Golden Visa program has become the talk of the town.
Since the visa reforms in 2021, over 100,000 Golden Visas have been issued, and demand shows no signs of slowing down. Particularly as European nations tighten their grip on Golden Visa programs, cash-flush Indians are turning to the UAE as their preferred destination.
Now, with a 10-year residency up for grabs, off-plan property buyers and mortgage holders can enjoy the sun, sand, and unbridled luxury of the UAE. And since the minimum investment requirement has been reduced, the Golden Visa has become more accessible than ever.
So how can you, our esteemed foreign investors, get in on this irresistible action? Follow these simple steps to apply for a Golden Visa through the Dubai Land Department (DLD):
- Grace one of DLD’s Service Centres with your esteemed presence.
- Submit the required documents and pay the fees.
- Undergo a medical examination at the centre.
- Receive the coveted visa stamp on your passport.
But before you rush to the DLD, ensure you have the following documents handy:
- Your passport (obviously!)
- An electronic copy of your title deed certificate
- A dashing personal photo
- Valid health insurance
- Original Emirates ID
To qualify for a 10-year investor visa, you’ll need a property (or properties) valued at a minimum of AED2 million under your name. If your property is mortgaged, ensure at least AED2 million has been paid to the bank, accompanied by a No Objection Certificate (NOC) and paid amount letter. And if you’re looking to share the UAE dream with your better half, a marriage certificate will seal the deal.
So, dear investors, let the adventure begin! With Altitude Real Estate as your trusty guide, it’s time to embark on the journey of a lifetime and secure your place in the UAE’s Golden Visa paradise.
Dara Shabnam
Director of Marketing – Altitude Real Estate