Golden Residency can be granted for 10 years when these conditions are met:
- Value: One or more UAE properties must total at least AED 2M. In Dubai, the value must be certified by Dubai Land Department.
- Ownership: The property must be fully owned and registered in your name. In Dubai, a share of a jointly owned property must itself be worth at least AED 2M.
- Off-plan: Units must be bought from an approved local real estate company.
- Financing: A loan must come from an approved local bank. In Dubai, the bank provides a no-objection letter, and Dubai Land Department can confirm how much must be paid.
- Keeping the property: In Dubai, a lien is placed on the property, and it may not be disposed of during the 10-year residency period.
- Health insurance: You and your family need comprehensive, valid cover throughout the residency.
- Applying in Dubai: You must be inside the UAE when you apply through Dubai Land Department.
A bank deposit of at least AED 2M is a separate route for public investments, so it isn't needed for a property application. ICP and, in Dubai, Dubai Land Department can confirm what applies to you.