Developers in Dubai are using Golden Visa to attract investors. Investors who buy property worth Dh2 million or more can enjoy a 10-year UAE residency visa.

Developer, Damac Properties is offering three Golden Visas for buyers of its project Violet at Damac Hills 2 and is covering the visa costs. The demand is high, as evident by the quick sale of Dh1.2 billion worth of Violet Phase 3 units after its launch in few hours. This represents a huge demand and appreciation of Golden Visas among property buyers.

It is observed that Golden Visas are a big draw for investors, especially for those who may not realize they are eligible as the concept is still new to many. The 10-year visa is popular and can be obtained through property investment or other means by investors, entrepreneurs, and highly skilled professionals and to qualify, buyers must invest Dh2 million.

Samana Developers also offers multiple Golden Visas and handles all visa processing in-house.

Blanco Thornton Properties offers Golden Visas to investors buying property starting at Dh2 million, including at our Al-Barari and Majan projects, as well as other upcoming premium locations in Dubai.

Elton Real Estate Development offers premium properties priced between Dh1.40 million and Dh3.20 million and often covers visa costs as a marketing tool. This adds significant value to property deals for high-net-worth individuals and their families.

Developers further cover visa costs to make their properties more appealing to high-net-worth individuals. This strategy helps attract global investors and supports Dubai’s goal of being a major business and tourism hub.

Read more: Dubai Real Estate Hits 40% year-on-year Increase in August 2024