In 2024, you can invest in a property at any stage of construction to obtain a UAE Golden Investor Visa. This decision stimulates the launch of new projects in the region, whereas previously, to obtain the residence permit, applicant had to invest in facilities that were at least 30% completed. At the same time, the requirement for the minimum value of real estate increased from 1 million dirhams to 2 million dirhams (approximately 544,500 USD). Purchasing real estate for this amount makes it possible to obtain a resident visa for 10 years.
UAE Golden Investor Visa: dependents and procedure
The main applicant can include family members in the application: spouse, children, parents. One of the absolute advantages of the UAE Golden Investor Visa is its fast processing in just 10 working days, during which the investor must be present in the UAE. For submitting documents and issuing a visa. After completing all verification procedures, the investor and his family members specified in the application will receive a local equivalent of an identity card, Emirates ID, and Residency Visa.
The United Arab Emirates (UAE) is located in the southeastern part of the Arabian Peninsula on the shores of the Persian Gulf. This is a sovereign absolute monarchy that has invested many years in the development of local infrastructure. As a result, the UAE has become the most successful business center in the region. Moreover, the UAE is only 5-6 hours flight from the main European and Asian capitals.
How to choose a real estate project?
APEX recommends the new premium real estate project in Dubai, Ras Al Khaimah. A developer with extensive experience in successfully building resorts in the Caribbean has begun construction of apartments on the artificial Al Marjan archipelago in the Arabian Gulf.
Situated in the most prime beach front location overlooking the Wynn Al Marjan Island resort,this collection of 88 apartments is modelled on the luxury of simplicity and convenience. Location between Dubai and Abu Dhabi, which gives quick access to all highways.
Apex Capital Partners company also chose this project as a reliable investment for itself.
The project is a residential complex of nine-story buildings with communal swimming pools for a total of 88 apartments. One-bedroom lofts, as well as 2- and 3-bedroom apartments. Some overlooking the island, some overlooking the bay.
Apartment cost
For example, a one-bedroom loft with an island view on the ground floor with a living area of 77.8 m2 + a balcony of 8.3 m2 costing USD 656,122.
Or Loft on the 4th floor also overlooking the island, with an area of 86.82 m2 + balcony of 39.3 m2, costing USD 1,072,073.
Many of the bay view apartments in the first phase of sales have already been sold out, but there are still options. For example, a loft on the third floor overlooking the water with a living area of 107.45 m2 + a swimming pool of 18.58 m2 costs USD 1,071,223.
Delivery of the project is scheduled for early 2026, which will almost coincide with the opening of the Wynn Al Marjan Island resort with a casino on the other coastline of the archipelago – it will be visible from the windows of some apartments in the project. You can get there in 5 minutes. Time to Dubai Airport – 45 minutes, to Ras Al Khaimah Airport – 30 minutes.
