Villa in Dubai for a residency permit
This dynamic and rapidly growing city attracts investors not only with high-quality real estate, comfort and investment reliability but also with the opportunity to legally relocate to the UAE when purchasing property. Many foreign buyers prefer villas in Dubai for investment, as their prices often exceed the minimum threshold required to obtain a long-term residence permit.
The city boasts numerous freehold zones where foreigners can purchase property outright. These include well-known communities such as Marina, Palm Jumeirah, Downtown and many others. These areas are popular among tourists and expats, offering comfort, beauty and all the necessary infrastructure.
Transactions involving property in the UAE are transparent, with safety guaranteed by the government. Investors should keep in mind that certain conditions must be met to qualify for residency through property purchase. For a five-year visa, one or more properties must be purchased with a total value of at least AED 2 million (approximately USD 545,000). Additionally, there’s a renewable two-year residency visa available for properties priced at a minimum of AED 750,000 (approximately USD 205,000).
Residence permit in UAE by buying a house in Dubai
Obtaining a residence permit in the UAE through property investment is a significant advantage, allowing investors and their families to legally reside in the country for two or five years, with the option to renew the residency card, provided the villas or apartments in the UAE remain in their possession.
To receive a long-term visa in the Emirates, the following requirements must be met:
- Minimum property value: The property must be located in one of the freehold zones, with house prices in Dubai not less than AED 750,000 (about USD 205,000) for a two-year visa or AED 2 million (about USD 545,000) for a five-year visa;
- Age and legal income: The investor must be over 18, have a legitimate source of income and possess no criminal record;
- Health: The investor must not have any serious illnesses, which must be confirmed through a medical examination. The visa can be renewed under the same conditions as long as the property remains in the foreigner's possession.
Investment house in Dubai
Dubai is popular among expats, businesspeople and investors. Each year, around 140,000 people choose the Emirates for relocation. The city attracts individuals with its developed business sector, career growth opportunities and favourable visa policies. Additional reasons for its popularity include high levels of safety, a warm climate, a comfortable urban environment and year-round resort amenities.
Investing in villas for sale in Dubai offers various strategies for property buyers, including buying for resale, short-term rentals to tourists or long-term leasing. Spacious homes are particularly in demand, especially among families. In the first half of 2024, the average rental yield ranged from 6% to 8%, with some areas reaching up to 10%. Reselling property can provide returns of up to 30%, especially if purchased during the early stages of construction. Investments in new developments are protected by the government, as funds are held in escrow accounts until the developer fulfils their obligations.
The market offers a variety of villas and townhouses from reputable developers such as Emaar, DAMAC, Nakheel, Meraas, Ellington and Omniyat. The most luxurious homes can be found in communities like Arabian Ranches, Hills Estate and DAMAC Hills. For mid-range villas, areas such as JVC, Al Furjan and The Springs are ideal. More affordable homes are available in DAMAC Hills 2, Dubailand and Dubai South.