The owner can apply for the 10-year residency regardless of the amount paid upfront, an executive explained Property buyers in Dubai are no longer required to make a minimum down payment of Dh1 million to be eligible for the Golden Visa, as the government has eased the criteria for real estate investors.
“Off-plan properties could be considered on a case-to-case basis. Applicants need to submit the title deed of the property, letter from the developer or mortgage document from the bank, and their passport copy along with a photograph,” said Firosekhan, managing director of Dubai-based Profound Business Service.
News Source: Khaleej Times
