How long can I stay in Dubai if I buy a house?

You can stay in Dubai with a residence permit granted upon purchasing a home, and its duration depends on the property value: Two-year residence: when owning a property worth at least 750,000 AED. Ten-year residence (Golden Visa): when owning a property or multiple properties worth at least 2 million AED. The residence permit is renewable as long as you retain ownership of the property and meet the official requirements.

Does owning a property in Dubai grant residency?

Owning a property in Dubai can grant residency, provided that the property value is not less than 750,000 AED, along with submitting an official application. If the property is mortgaged or on installment, a No Objection Certificate from the bank or developer must be attached, stating the total amount paid and the remaining balance.

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Questions and answers about residency in Dubai through property purchase

Questions and Answers about Residency in Dubai through Property Purchase

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You can buy property in Dubai without obtaining residency. Imtilak residency is not a requirement for purchase; rather, it is an optional benefit that you can apply for later if you meet the required property value.