The Golden Visa at AED 2 million
You need AED 2 million in property to qualify — spread across one deed or several. Here’s what counts, what a mortgage does to it, and why the two-year visa actually costs more than the ten-year one.
Dubai’s Land Department states the rule in one sentence: your property must be worth a combined AED 2 million, fully owned by you — whether that’s one property or several. Nothing says the full amount has to sit in a single title deed. Ownership doesn’t have to be debt-free. A mortgaged property still counts, as long as you get a No Objection Certificate (NOC) — a letter from your UAE bank confirming the equity you’ve paid meets the threshold. It must come from the bank itself; a broker statement or developer printout won’t work. Off-plan property is where people get confused. If the developer holds your payments in a DLD-approved escrow account — a protected account that holds the money until the project is built — you can apply once at least AED 2 million has cleared into it. You don’t need the final title deed in hand. Here’s something many overseas agents get backwards: the ten-year