Property Owner Visa - 2 Years
United Arab EmiratesUnited Arab Emirates•Asia
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Property Owner Visa - 2 Years

Work Dependents Allowed

At a Glance

Processing Time

2 days

Estimated Cost

AED 740

Stay Duration

Varies (Renewable)

Renewable

Renewal

Renewable

Family

Dependents allowed

PR Pathway

None

Sponsor

No job offer needed

Work

Remote not required

Official Information
United Arab Emirates flag

Living in United Arab Emirates

Cost of Living
20% cheaper than United States
Avg SalaryAED 126,000
Quality of Life
169/200

Overview

2-year residence permit for real estate investors holding property valued at AED 750,000+, renewable.

The Property Owner Visa - 2 Years is a residency permit for real estate investors who own property in the UAE. It is self-sponsored, requiring no employer backing or job offer. qualification requires ownership of a completed, freehold residential property valued at minimum AED 750,000, registered in the applicant's name (or joint ownership with a qualifying share).

The visa is valid for two years and fully renewable, provided the property is maintained. Applicants must hold valid health insurance and undergo medical fitness testing. Total fees are AED 740: residence permit (AED 200), Knowledge Dirham (AED 10), Innovation Dirham (AED 10), in-country processing (AED 500), and delivery (AED 20). Processing takes 2 days. Dependents may be sponsored.

This visa is ideal for international real estate investors seeking long-term residency in the UAE without employment sponsorship.

Cost Breakdown

Residence permitAED 200
Knowledge DirhamAED 10
Innovation DirhamAED 10
In-country processing feeAED 500
DeliveryAED 20
TotalAED 740

Conversion Paths

Visas you can typically switch to from this status.

Golden Visa (5/10 Year)
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Golden Visa (5/10 Year)

Validity10 years
Processing2–5 days
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Retirement Visa - 5 Years
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Retirement Visa - 5 Years

Validity5 years
Processing2 days
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Employment Visa
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Employment Visa

Validity2 years
Processing2 days
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Freelance Permit
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Freelance Permit

Validity3 years
Processing2–4 weeks
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Green Residence for Freelancers/Self-Employed
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Green Residence for Freelancers/Self-Employed

Validity5 years (renewable)
Processing2-4 weeks
View Visa Details

Requirements

PUBLISHED REQUIREMENTS

Must own a residential or commercial property in the UAE.

Property value must be at least AED 750,000 (as per the Title Deed).

Property must be fully owned by the applicant (joint ownership allowed if the applicant's share meets the threshold).

If mortgaged, at least 50% of the property value or AED 375,000 must be paid.

Property must be in a freehold area.

Must be a completed property (not under construction).

KEY CRITERIA

Min. Income

10,000 AED/yr

Investment

750,000 AED

REQUIRED DOCUMENTS

Valid passport

Passport photos

Property deed

Medical test

Police clearance

Proof of funds

Health insurance

Income proof

Advantages & Considerations

Key Benefits

  • Self-sponsorship eliminates intermediaries and provides direct control without employer dependency
  • Property ownership above AED 750,000 serves as both residency anchor and investment asset
  • Renewable every 2 years without employment sponsorship or employer connection
  • Dependents can be sponsored alongside property owner for family-based residency
  • No job offer required—ideal for investors, business owners, and career flexibility
  • Clear pathway to upgrade to Golden Visa or other residency categories post-acquisition

Worth Knowing

  • Property must be completed and freehold; under-construction properties and leasehold non-qualifying
  • If mortgaged, minimum 50% equity (AED 375,000) must be paid despite AED 750,000 minimum
  • Processing timeline not standardized—check local GDRFA office for expected approval windows
  • Requires minimum AED 750,000 property investment—inaccessible for most non-affluent applicants
  • Property must be owned outright or 50%+ paid; heavily mortgaged properties disqualify

Application Process

1

Purchase property

Acquire property valued at minimum AED 750,000

2

Register property

Complete property registration

3

Prepare documents

Gather property deed and financial documentation

4

Submit application

Apply for property owner residence visa

5

Verify property ownership

Provide property registration documents

6

Medical examination

Undergo health screening

7

Process application

GDRFA processes property visa

8

Receive residence visa

Get 2-year property owner residence visa

Application Forms

Property Owner Visa Application—

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