Dubai changes minimum investment for 3-year visa

Dubai changes minimum investment for 3-year visa

Dubai changes minimum investment for 3-year visa

The minimum financial requirement to apply for a three-year visa through investment in Dubai’s booming residential property market has been reduced to Dh750,000 from Dh1 million, according to information available on the Dubai Land Department’s website.

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The visa facility, available through DLD’s Taskeen Programme, allows an individual who owns a property valued at Dh750,000 or more at the time of purchase to apply for a three-year renewable residency visa with a provision for sponsoring the spouse.