Dubai Visa Rules: Big change in visa rules in Dubai, now residence visa will be available on property of any value, movement in gold rates also

There is big news for expatriates and investors living in Dubai. Dubai Land Department has simplified the rules for residence visa, so that now even small investors will be able to get the visa easily. Along with this, work on Dubai’s famous Gold Street has gained momentum and fluctuations in gold prices have also been seen. A new big step has also been taken regarding security in Abu Dhabi.

👉: Big step by Saudi Arabia, raised voice in UN regarding Strait of Hormuz, world troubled by Iran’s actions.

Dubai Investor Visa: Now there is no restriction on property price

The Dubai Land Department (DLD) has significantly relaxed the rules for the two-year Investor Residence Visa, also known as the Taskeen Visa. Earlier it was necessary to have a property worth at least 750,000 AED, but now this condition has been removed for the sole property owner. This means that now any person who has purchased an entire residential unit in Dubai can sponsor themselves for a two-year renewable visa, regardless of its price.

• Joint Property: If the property has more than one owner, each owner’s share must be at least AED 400,000.
• Condition: The property should be fully constructed and registered with DLD. Off-plan properties are not included in this rule.
• Cost: The total cost of this visa is approximately 10,545 AED, which includes verification, visa stamping, Emirates ID and medical test.
• Golden Visa: The 10-year Golden Visa still requires an investment of AED 2 million.

Dubai Gold Street and latest gold prices

Work on Dubai’s new ‘Gold Street’ is progressing rapidly and is expected to be completed by the fourth quarter of 2026. This will be the first such road in the world where people will feel like walking on gold. More than 1,000 retailers and big brands like Malabar Gold and Joyalukkas are opening their stores here.

Talking about gold prices, the prices have increased in Dubai due to the weakness of the dollar in the international market. Due to lower taxes in Dubai compared to India, gold is cheaper here.

Abu Dhabi Defense Zone: New step for security

It has been announced to create Al Selmiyyah Defense Industrial Free Zone in Abu Dhabi. This project is being made jointly by Tawazun Council and AD Ports Group. Its purpose is to bring the world’s big defense companies here so that the UAE can manufacture its own goods for its defense needs. This decision has been taken after the recent missile and drone attacks from Iran, in which the UAE Army destroyed many missiles and drones in the air.

Frequently Asked Questions (FAQs)

What should be the property value now for Taskeen Visa?

There is no longer any minimum price requirement for a single property owner. However, in case of joint property, each owner’s share must be at least AED 400,000.

When will Dubai Gold Street be ready?

Work on Dubai’s Gold Street is underway and is targeted to be completed by the fourth quarter (Q4) of 2026.