Dubai two-year property investor visa guide: Eligibility, fees and documents explained

Dubai: Getting a two-year property owner visa in Dubai just got easier as the Dubai Land Department (DLD) announced that the requirement for a minimum property value is no longer applicable.So, if you are the sole owner of a property in Dubai, you are now eligible to apply for the two-year visa. Here is all you need to know.Documents requiredTo sponsor a family in Dubai, you must provide the following papers with your application:A clear passport copy (Passport valid more than six months).Old Emirates ID (If applicable).A high-quality digital photo of the applicant that matches the specifications issued by the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP)Health insurance, from any insurance company in UAE. In case you require assistance, the DLD Cube will be able to help you with applying for the health insurance.A good conduct certificate issued by Dubai Police to the Dubai Land Department (If you are a Dubai resident, you can use the Dubai Police app. If you are a non-resident, you will need to visit the Dubai Police station in Port Rashid to apply for one).Applicants from the following countries must bring their National ID:- Iran- Pakistan- Iraq- Libya- Afghanistan(The applicant’s name in the title deed must match the name in the passport.)If the property is mortgaged by the developer, you will need a copy of the initial sale certificate.Also read: Dubai updates two‑year property investor residency rulesHow much does it cost?New visa cost: AED 10,545Visa renewal cost: AED 8,215Visa cancellation cost: AED 1,239How to apply for the two-year property investor visa in UAE?All you need to do is visit the DLD Cube Centre, which is a dedicated service centre by DLD for real estate investment and residency procedures in Dubai. It is located in the Al Manara Centre.Location: Al Manara CentreSheikh Zayed Road, Opposite Onpassive Metro StationOffice timing:Monday to Thursday 8am to 3pmFriday 8am to 11amWhat if I am the co-owner of a property?In cases where the property has multiple owners, DLD has clarified that each owner must have a minimum share of AED 400,000 or more.