What Is the UAE Property Visa, and How Can You Apply for It?

 

UAE offers several reasons, such as infrastructure, quality of life, flexible visa rules, and more, so numerous Businesses consider investing here in infrastructure. Suppose you are also one of those who wish to purchase property and settle here and have a few queries, such as what precisely a UAE property visa is, what process is used to apply for a property visa, what types of visas are available, and more, To discover adequate answers to these queries. In that case, you'll need to review the following additional information. Therefore, to get a property Visa, one should first make a minimum investment in a freehold property. 

 

Different types of UAE Property Visa:

 

There are various types of UAE Property Visas that provide residency permits granted to foreign nationals who purchased property within the UAE. These permits allow them to live in the country based on their property ownership. However, they require a minimum property value to qualify. Here is a list of different types of UAE Property Visas.

• Multi Entry ( 6 months Visa): This Visa offers multiple benefits like a tourist Visa, although investors are allowed to make multiple entries within six months, which is applicable to all seven Emirates for property.
• Property UAE Visa ( 3 years): A 3-year property Visa is valid for those who invest in a property worth 750,000 AED, and it will allow the investors to become residents of the UAE.
• Property UAE Visa (5 years): If the investor wants to purchase property worth 2 million, they are eligible for a 5-year UAE property Visa, which also offers perks such as sponsoring families.
• UAE Property Visa (10 years): To get a 10-year UAE Property Visa, one should invest more than 10 million, of which 40 percent goes toward a property. 

 

Terms and conditions associated with eligibility of Property UAE Visa:

 

For UAE property Visa eligibility, one should be familiar with the terms and conditions before applying, which are explained below.

• A person can apply for a UAE property Visa only if they invest in Freehold and residential properties.
• To be eligible for the Property Visa, the property's value must be at least 750,000 AED.
• If investors have multiple properties worth 1 million, they are eligible to get the UAE property Visa.
• You can also apply for a Visa for the mortgaged property, although you must meet the eligibility of minimum investment and submit the NOC from the bank.
• When you get the Visa, as per the rules, the holder cannot stay outside the UAE for the entire year or 365 days.
• To get the UAE Property Visa, the applicant must submit proof of income of at least 10,000 AED per month and must have valid health insurance coverage.
• You need to ensure the property is spacious enough to accommodate family members.
• If you are applying for a Visa based on the mortgaged property, the applicant must pay off at least 50% of the loan amount.

 

How Can You Apply for a Property UAE Visa?

 

Once you learn about the terms and conditions of UAE Property Visa, it becomes essential to understand the step-by-step process to apply for the visa application.

• Applicants should be required to obtain their entry permit from the immigration office or a typing center.
• After that, you need to complete your medical fitness test and make sure the facility is government-approved.
• Ensure to carry all the Emirates ID documents, submit the documents like existing Emirates ID, family photos, and ID of the dependants then complete biometric.
• To proceed with the application process, purchase a Health Insurance plan that perfectly fits your preference.
• Submit the Application for an investor resident visa at one of the Amber Centers in Dubai, either Al Twar or Al Jafiliya.