Invest in Dubai and Get a Two-Year Self-Sponsored Residency Visa

If you’ve made an investment in property in Dubai, you might be eligible for a valuable opportunity – a two-year residency visa that allows you to stay in the UAE without a sponsor and bring your family along too.

The process of obtaining this visa has been made easier with the help of the DLD Cube, an integrated customer service centre specifically designed for real estate investors. Here’s everything you need to know about applying for this sought-after visa.

Dubai – Self-Sponsored Residency Visa

The Self-Sponsored Residency Visa is a unique opportunity that allows individuals to obtain residency in a foreign country without the need for a traditional sponsor.

Unlike most residency visas that require sponsorship from an employer or family member, the self-sponsored option empowers individuals to take control of their residency status.

Requirements vary by country, so research is crucial before applying. Explore new horizons with this empowering visa option.

Requirements to Apply in the UAE

To be eligible for the two-year property investor visa in the UAE, you must meet the following requirements:

1. Own a property in the UAE worth at least Dh750,000.
2. If the property is mortgaged, you’ll need a No Objection Certificate (NOC) from the bank or developer, as well as the property mortgage statement.
3. For completed properties (not under construction), you’ll require proof of payment for at least 50 per cent of the entire property value, which amounts to Dh375,000.
4. In the case of joint ownership by a husband and wife, the shares must be equal between both parties. If not, the highest shareholder becomes the primary visa holder and sponsor for their spouse.

Required Documents

When applying for the two-year property investor visa, you need to submit the following documents:

1. A title deed for the property in Dubai with a stated value of at least Dh750,000. Note that title deeds issued for other emirates or by the Dubai International Financial Courts Authority (DIFCA) will not be accepted.
2. A copy of the initial sale certificate if the property is mortgaged by the developer.
3. A No-Objection-Certificate (NOC) from the bank if the property is mortgaged.
4. A marriage certificate attested by the Ministry of Foreign Affairs and legally translated into Arabic for spouses with joint property ownership.
5. A passport copy with more than six months of validity.
6. A copy of your current UAE visa (residence visa, tourist visa, or visa-on-arrival permit).
7. Emirates ID, if you are currently a resident.
8. A passport photo following the requirements of the UAE’s Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP).
9. Valid health insurance from a company in the UAE.
10. Police Clearance Certificate (PCC) from Dubai Police, addressed to DLD.

Depending on the applicant’s nationality, an identity card from their home country may also be required, as specified by DLD Cube.

Health Insurance Coverage Options

As per the regulations of the General Directorate of Residency and Foreigners Affairs – Dubai (GDRFA-Dubai), medical insurance is mandatory for all resident permit applications. The DLD Cube assists applicants in fulfilling this requirement by offering options for basic or comprehensive health insurance coverage.

For any inquiries related to health insurance coverage in Dubai, property investors can contact DLD Cube at the following:

• Email: [email protected]
• Landline: 04 203 0637
• Mobile and WhatsApp: 050 917 1057 and 056 934 7917

Visa Cost

The cost for a two-year property investor visa is Dh9,958, which includes the entire application process, medical fitness test, and Emirates ID printing. The visa renewal fee is Dh7,808. Payments can be made via bank transfer, credit card, or cash.

How to Apply for Dubai’s Two-Year Property Investment Visa

Applicants have two options to apply for the two-year property investor visa:

1. Visit the DLD Cube Reception

Location: Ground floor of DLD’s official headquarters, Baniyas Road, Rigga Al Buteen, Deira.

Timings:

• Gather all required documents and visit the DLD Cube reception.
• A customer service agent will verify the documents and assist with filling out the visa application.
• Proceed to the customer service counter to pay the fees and submit the application.
• After submitting the application, you will be notified about your medical fitness test and fingerprint scanning appointment for the residency permit and Emirates ID. A reference number will also be provided for application tracking.

2. Fill Out the Investor Visa Application Online

• Visit the DLD Cube website: dldcube.com.
• Click on ‘Our Services’ and select ‘Property Investor Visa for 2 Years’.
• Click on the ‘Apply Online’ button.

Enter the required details, upload the necessary documents, and click ‘Submit Request’. An OTP will be sent to your registered mobile number for confirmation.

After submitting the application, DLD Cube will verify the details, and you will be notified to visit the reception and pay for the investor visa. A reference number will be provided for application tracking.

Processing Time for the Property Investor Visa

According to the DLD call centre (800 4488), the entire application process takes approximately seven to 10 days.

Tracking the Application Status

To track the status of your investor visa application, follow these steps:

1. Visit the link: dldcube.com/en/request-status/
2. Enter your email address or mobile number.
3. Type in the quote number (tracking number) provided by DLD Cube during the application submission.
4. Enter the captcha code and click ‘Submit’.

You will then receive information about the current status of your application. With these guidelines, you can now confidently navigate the process of obtaining a two-year residency visa as a property investor in Dubai.

Enjoy the benefits of staying in the UAE and bringing your family along to this vibrant and prosperous country!