To qualify for a UAE Golden Visa through property investment, you must invest in property worth at least AED 2 million. This can include one or multiple properties and both ready or off-plan properties are eligible. Previously, a 50% down payment was required but this condition has been removed. You can also buy the property using a mortgage provided it’s through an approved local bank.
The Golden Visa application process is managed by the Dubai Land Department and evaluated on a case-by-case basis. Key eligibility criteria include being a non-UAE citizen, having a valid passport, a clean criminal record and the property being freehold in the UAE. Applications can be processed through government offices, law firms or real estate agents.
If you own an investment property below AED 1 million, you are not eligible for the Golden Visa. However, you can purchase additional property to meet the AED 2 million threshold or apply for the investor visa with a minimum property value of AED 750,000.
Source: B8 Architecture
UAE Property Size Trends: Larger Units Still Available in Older Developments
As developers focus on reducing costs, newer properties in Dubai tend to be smaller. The average size of a property sold in 2024 is 1,450 sq. ft., down from 2,087 sq. ft. in 2021. Despite the trend towards smaller units, you can still find spacious properties in older developments.
Source: Everhomes
For larger units, look at places like Executive Towers in Business Bay and Emirates Crown in Dubai Marina. These offer larger apartments with 3-bedroom units ranging from 2,048 sq. ft. to 3,885 sq. ft. However, be prepared for higher prices with rates between AED 1,200 and AED 1,700 per sq. ft.