UAE Residents can get visa against property they Own

UAE  Residents  can get visa against property they Own          

You may obtain a residence visa against the property  you own. Individuals who have purchased a property for a minimum value of Dh 1 million are entitled to apply for residence visa in the UAE, provided such a property has been completed and handed over to its owner by the developer. Such a visa is valid for two years. The property owner initially has to approach the Dubai Land Department along with original passport, original title deed, NOC from the developer and copy of current visa page (if any). Based on the letter issued by the Dubai Land Department, you need to thereafter approach the Dubai Police for issuance of certificate of good conduct and later to the Dubai Economic Department along with the relevant documents and apply for an investor license. Once the Investor license is issued by the Dubai Economic Department, you can approach the DNRD to apply for residence visa in the UAE with aforesaid documents.

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