How To Get An Investor Visa In The UAE

There is perhaps not a more exciting prospect for investors than purchasing property overseas. With the option of living in the location permanently or enjoying a steady return on your investment through renting the property out, there’s a lot of ways the purchase could benefit your portfolio, not to mention your lifestyle too depending on the location you choose. 

This is especially the case in a location such as the UAE, which offers an exceptional standard of build quality, high rental yields and year-round sunshine among many other benefits for residents and investors alike. 

However, as an investor, it pays to think about getting a visa in place so that you can experience the full range of benefits that living in the UAE has to offer. Whether you’re planning on making a permanent move, or if you’ll be splitting your time between the UK and the UAE, getting a visa that’s suited to investors is always a wise decision.

Here’s an overview of how to get an investor visa in the UAE, along with some of the best visa options to consider. 

Why Invest In The UAE?

First things first, we want to shed light on why it’s worth investing in the UAE before you get a visa to live or work here. 

In recent years, the UAE has become an epicentre for investment as its economy is now the fourth largest in the Middle East. While the UAE’s economy is most associated with oil, banking, business and tourism are now major contributors particularly in Dubai. 

Rental yields in Dubai are some of the highest anywhere in the world. Coupled with the low entry fees and excellent build quality, the UAE has become an extremely attractive proposition for investors in recent times who want to capitalise on the UAE buy-to-let property market. 

It’s not just investors eyeing up the UAE either, since workers in the UAE can enjoy high salaries and zero income tax, along with living in a place that has low crime rates and political stability. Therefore, there is a healthy pool of tenants who are equally looking for a place to rent in the UAE, and investors can benefit from this while enjoying their property rise in value over time as the Dubai skyline continues to take shape. 

Above all else, the UAE offers investors a chance to purchase an incredible standard of accommodation in unrivalled city centre locations, particularly in Dubai. Securing the equivalent prime real estate in the likes of London or New York would be attainable only to the select few, yet this is exactly what the current property Dubai market is offering to investors of all calibres. 

What Are The Benefits Of A UAE Resident Visa?

  • Open a bank account
  • Access financial facilities such as loans
  • Obtain a driving licence 
  • Access government health services
  • Register any children in school
  • Work in the UAE
  • Invest in the UAE
  • Travel without a visa to certain destinations

As with any country you are looking to invest in, it pays to have all the options available to you, particularly if you plan on spending any amount of time in the country, or even want the ability to relocate there at least on a part time basis. 

The new UAE resident visas we’ve featured below were introduced by the UAE government in 2019

They allow foreigners to live, work or study in the UAE without the need for a national sponsor or 100% ownership in a business which was previously the case. This means that obtaining a visa as an investor has now been made much easier, and better still if you qualify for either a five year or ten year visa, it will be renewed automatically. 

UAE Property Investor Visa

While there are many different types of visas that potentially will allow you to stay in the UAE for longer than 90 days, we want to focus on those that specifically apply to property investors. These fall under the ‘UAE investment visa’ branch of visas that are issued within the UAE. 

Six Month Multi-Entry Visa

The six month multi-entry visa is similar to a tourist visa, but with slightly more perks. As the name suggests, this includes the ability to make multiple trips in and out of the UAE within a six month time frame. 

In terms of property investors, this visa type is applicable if you own any property in any of the seven Emirates that is worth at least AED 1 million (£203,061).

Three year visa

The three year visa allows holders to claim certain benefits such as the ability to apply for a local driving licence, an identification card and family sponsorship. 

Though, there are some stringent guidelines that potential property investors need to match, which includes: 

  • Your property investment in the UAE must be valued at AED 750,000 (£152,276) or more
  • The property must be residential
  • The property must be mortgage free
  • The property must be off-plan
  • You must have an income of AED 10,000 (£2,031) per month
  • You cannot spend a consecutive six months outside of the UAE

Therefore, the three year visa is best suited to property investors who want to establish their portfolio in the UAE with the chance to return home for smaller portions of the year or even have a 50/50 split between home and the UAE. 

Five year visa

As we move up the length of time that you will be allowed to stay in the UAE, a five year visa has stricter conditions attached, particularly where the value of your investment is concerned.

The stipulations surrounding a five year investment visa to the UAE include:

  • The property must be worth at least AED 5 million (£1,015,484).
  • The amount invested in UAE real estate must not be on a loan basis
  • The property must be retained for at least three years 

Therefore, it’s fair to say that anything above a three year investor visa is designed for property investors who plan on investing significant capital, and over a longer period of time as we advocate here at Thirlmere Deacon, rather than a quick property flip as may be the case on a shorter length visa. 

Ten year visa

We’ve reached the maximum visa length that can be applied to property investors in the UAE, which is the ten year visa.

Interestingly, this type of investor visa does not apply to property specifically, rather an investment in the UAE as a whole. This potentially opens the door for investors with varied interests in the country to purchase property in the UAE for a lesser amount, in addition to other investments they have made in the country.

The requirements for a ten year investor visa are to invest at least 10 million AED (£2,030,506) into the UAE, through either of the following methods:

  • A deposit of at least 10 million AED in a UAE based investment fund
  • Establish a company with a capital of at least 10 million AED within the UAE
  • Partner in a new or existing company that has a share value of at least 10 million AED
  • Having a total combined investment of 10 million AED in the above areas – crucially real estate must form at least 60% of the total amount

Similar to a five year visa, a ten year visa also requires that the money has not been loaned and that the investment must be retained for at least three years. In addition, there must also be financial solvency of up to 10 million AED. 

UAE Property Investment Opportunity – The Peninsula Business Bay Dubai

[INSERT PICTURE – Or I suggest uploading that video of the development onto your YouTube channel and embedding this here (other investor groups have done the same, didn’t want to embed theirs!)]

Now we’ve covered what you need to know about getting a visa in the UAE, it’s time to look at just what the UAE has to offer in the property stakes. 

One of our latest offerings is The Peninsula development located in Dubai’s Business Bay, built by renowned developers Select Group. For those unfamiliar with Select Group, they are responsible for some of the major developments to grace the Dubai skyline including The Residences At Marina Gate, Royal Oceanic and Bay Central.

Select Group have also created developments here in the UK too, including 98 Baker Street in Central London. The Peninsula is set to follow in the success of Select’s previous developments, and so now is the time for interested investors to make themselves known to us. 

With prices starting at just £128,000 (640,000 AED) with a projected 8% ROI, The Peninsula will offer unrivalled luxury waterfront living in Dubai. The properties will be completed to the highest specifications, featuring high-end materials and finishes throughout. The building itself comes complete with a wealth of amenities and is located in an area that has an outstanding walk score, meaning everything residents could possibly need to cater to their every whim is within short reach. 

Read more about The Peninsula development in Business Bay Dubai.


Invest In UAE Property With Thirlmere Deacon

Thirlmere Deacon is a property investment company with offices in London and Dubai. Over the last decade, we’ve sold over £280m worth of property throughout the UK, and our expansion into the Dubai property market is something we’re extremely excited to bring to our investors.

Our ethos is on finding what’s right for the individual client, and our highly experienced consultants will work with you to ascertain what options could most benefit your portfolio, whether you’re new to investing or looking to add to your existing portfolio.

We welcome potential investors to take a look at our current buy-to-let opportunities. Scroll to the top of this page to view our investor resources to find our Dubai property investment page

We also have a YouTube channel where our team covers everything you need to know about property investment, as well as giving exclusive tours of our developments in the UK and the UAE. 

If you’d like any further advice on anything we’ve mentioned above, or if you are considering investing in one of our opportunities, please drop us a message or call us on +44 (0) 203 9507939.