Are you wondering, “Can I buy a property in Dubai and get a 10-year Golden Visa if the property is mortgaged?” This is a common question among investors keen on Dubai real estate—especially as mortgage financing becomes a more popular route to ownership. In this guide, we provide a clear, actionable answer for property buyers considering the Golden Visa route, breaking down the eligibility criteria, process, and advantages within Dubai’s dynamic property landscape.
Understanding the Dubai Golden Visa for Property Investors (10-Year)
Dubai’s 10-year Golden Visa is designed to attract investors, entrepreneurs, and skilled professionals by providing long-term residency. For property investors, this visa offers the reassurance of stability, the freedom to sponsor family members, and enhanced business flexibility across the UAE. The typical requirement for eligibility is ownership of property in Dubai with a value of at least AED 2 million.
Long-term residency means easier family relocation, access to local banking, and the ability to reside in Dubai without the need for frequent visa renewals—a decisive advantage for global investors seeking to establish a long-term base in this world–renowned destination.
Can a Mortgaged Property Qualify for the Golden Visa?
Yes, you can obtain a 10-year Golden Visa even if your Dubai property is mortgaged. Many buyers—particularly non-residents—opt for mortgage financing through UAE banks or payment plans from trusted developers like Danube Properties. As long as the property’s value meets government thresholds and certain criteria are satisfied, mortgaged properties are deemed eligible for the Golden Visa process.
The property’s status—whether purchased outright or financed through a mortgage—does not inherently disqualify you from applying. Instead, the key factor is fulfilling the minimum investment value and other legal stipulations set by the Dubai Land Department and related authorities.
Key Requirements and Conditions for Mortgaged Properties
To secure the Golden Visa with a mortgaged property, investors must adhere to specific guidelines set by the Dubai authorities:
- Minimum Investment Value: The property must be valued at AED 2 million or above. Some banks may require a certain percentage of equity to be paid upfront before issuing the necessary NOC (No Objection Certificate) for a visa application.
- Approved Financing: The mortgage must be provided by UAE-registered financial institutions. Personal loans or alternative finance schemes may not fulfill requirements.
- Payment Confirmation: Visa authorities typically ask for a bank statement or a letter confirming the proportion of the property that has been paid off. In some cases, 50% of the property value or AED 1 million must be paid before applying.
- Ownership Status: The property must be completed and not off-plan. Title deed issuance is mandatory for eligibility.
- No Objection Certificate (NOC): Your bank will provide an NOC stating there are no objections to you applying for residency based on your mortgaged asset.
Dubai’s Golden Visa program is comprehensive, yet investors should consult with legal experts or directly with the developer to confirm their precise situation before applying.
Step-by-Step Guide: Acquiring the Golden Visa with a Mortgaged Property
- Select and Secure an Eligible Property: Choose a ready (completed) property in Dubai with a value of AED 2 million or above. Danube Properties features a diverse portfolio in premium localities, offering mortgage-friendly options.
- Arrange Mortgage Financing: Finalize your mortgage agreement through an accredited UAE bank. Ensure that your repayment structure aligns with visa eligibility benchmarks.
- Obtain Title Deed & Request NOC: Once you have paid the required equity portion and the property handover is complete, secure your title deed and apply for a No Objection Certificate from your lender.
- Prepare Supporting Documentation: Assemble required documents, including your passport, title deed, bank-issued NOC, and proof of payment or loan status.
- Submit Golden Visa Application: File your application through the Dubai Land Department or authorized government channels.
- Receive Approval and Residency: Upon meeting all criteria, you will receive the 10-year residency, allowing you and your family to reside, work, and study in the UAE.
Benefits of Obtaining a Golden Visa Through Dubai Property Investment
Owning property and securing the Golden Visa yields multiple advantages, from business stability to world-class lifestyle access. Investors enjoy enhanced family sponsorship rights, streamlined business setup, and residency security—even if the property was purchased using a mortgage. With high rental yields across sought-after districts, your real estate asset not only unlocks residency but may also provide recurring income and long-term capital appreciation.
Common Misconceptions and Expert Advice on Golden Visa and Mortgages
Some investors mistakenly believe mortgaged properties are not eligible for the Golden Visa. In reality, provided you meet all financial and legal criteria, the type of financing used does not affect your application outcome. It is crucial, however, to partner with reputable developers and banks that understand the specific requirements for visa support letters and equity threshold documentation.
Why Choose Danube Properties for Your Golden Visa Journey in Dubai
Danube Properties is a leading UAE developer offering a variety of Golden Visa-eligible homes, with both flexible payment plans and assistance for mortgage buyers. With a strong track record in delivering prominent communities—such as Glitz Residence, Bayz, Lawnz, Skyz, Elitz, Gemz, and more—Danube provides a seamless transition from investment to residency, ensuring clients are supported at every stage.
In summary: You can buy a property in Dubai and obtain a 10-year Golden Visa even if the property is mortgaged, provided you follow the regulations and partner with trusted institutions. For tailored advice and a portfolio of Golden Visa-ready options, contact Danube Properties to learn more.
