Villa in Saadiyat Island for a residency permit
This island community is one of the most renowned and prestigious areas in the UAE capital. In addition to its cultural and tourist appeal, the area offers unique opportunities for purchasing cottages and luxury apartments in the UAE.
The community features a wide variety of villas and homes with different layouts, including both completed properties in finished complexes and those still under construction. Typically, the villas are situated in gated communities, where public spaces, recreation areas and security systems are well-organised to ensure residents’ privacy and comfort.
This community is renowned as one of the most sought-after locations to buy and rent property in the UAE. It’s popular not only for relocation to the Emirates but also as an attractive investment opportunity. Purchasing properties under construction typically offers a resale profit of up to 30% upon project completion. While the average ROI is 6%, newly built complexes may yield even higher returns due to their thoughtfully designed infrastructure and premium execution.
Residence permit in UAE by buying a house on Saadiyat Island
It is possible to apply for a residence permit in UAE through property investment in this area. To obtain a residency visa for property ownership, you need to invest in one of the finished or under-construction complexes. While it’s essential to meet the legal investment threshold, the high standard of the community means you can expect to qualify for a visa with the purchase of nearly any property on the island.
To apply for a UAE residency card, you must meet the following conditions:
- Choose an appropriate property. The property must be worth at least AED 2 million (USD 545,000) to qualify for a five-year residency visa. You can purchase one or more homes or apartments, but the total value must exceed the minimum requirement;
- Become the legal owner. You must register your ownership in compliance with local laws. Foreign nationals can purchase property in this area since it falls within a freehold zone;
- Submit the documents. The future resident is responsible for submitting all the required paperwork to the authorities.
Once all the conditions are met, the residency card is typically issued within two to eight weeks. The residency status granted through the "Golden Visa" programme is valid for five years and can be renewed as long as the property remains in your possession.
Investment house in Saadiyat Island
This community is one of the most attractive places to invest in real estate in the UAE. The key advantages of choosing this area include:
- High rental returns: The average long-term return on a house in Saadiyat Island is approximately 6-8% per year, significantly higher than in most other regions worldwide;
- Opportunities for short-term rentals: As a popular tourist destination, there’s a strong demand for short-term rentals. Returns for short-term leases can reach 10–15%.
- Property value appreciation: Since the second quarter of 2023, property values have increased by 95%, making this area particularly appealing for long-term investments;
- Tax-free environment: In the UAE, residents do not pay income taxes, capital gains taxes or inheritance taxes, making real estate investments especially profitable;
- Prestigious location: The project is renowned for its luxurious lifestyle and proximity to cultural landmarks such as the Louvre Abu Dhabi and the Sheikh Zayed National Museum, attracting both tourists and residents;
- Major investment projects: Large-scale developments, such as Park View and Reserve, draw investors worldwide;
- Residency opportunity: Investing in a house for sale in Saadiyat Island enables you to apply for UAE residency under the "Golden Visa" programme;
- Developed infrastructure: Saadiyat Island offers high-quality infrastructure, including schools, medical facilities, shopping centres and stunning beaches;
- Cultural events and tourism: The community serves as a hub for cultural activities and tourism, ensuring a steady flow of visitors and renters throughout the year.
Therefore, investing in villas for sale in Saadiyat Island presents numerous advantages, including high returns, property value growth, tax exemptions and the opportunity to obtain residency.
FAQs
The resort areas, such as Saadiyat Beach and Saadiyat Marina, are considered the most attractive. They offer top-tier infrastructure and proximity to beaches and cultural landmarks.
Purchasing villas in Saadiyat Island for investment is a reliable choice for securing high returns. The cultural cluster of Abu Dhabi, with its unique appeal, will always remain in demand.