Free Golden Visas: Dubai Property Developers Cover Costs for Up to 3 Family Members
To attract high-net-worth individuals, Dubai property developers are increasingly offering free Golden Visas as part of property deals. These visas, which grant 10-year residency in the UAE, are becoming a significant draw for investors. Property developers, such as Damac Properties, are not only offering Golden Visas to investors but are also covering the costs for up to three family members.
Damac Properties offered three Golden Visas to buyers of the Violet units at their Damac Hills 2 project, a move that contributed to the rapid sell-out of 600 units worth AED 1.2 billion in just a few hours after launch. The Golden Visa, which allows long-term residency, is particularly appealing to high-net-worth individuals who see it as a pathway to stability and security in the UAE.
This approach by developers reflects the strong demand for Golden Visas among property buyers in Dubai. As more investors become aware of their eligibility for this residency option, the Golden Visa is becoming a major factor in property investment decisions in the UAE.
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