As Melbourne’s real estate market continues to mature and competition grows fiercer, Australian investors are increasingly turning their attention to high-growth global markets. One standout destination is Dubai—a tax-free investment haven that not only offers high rental yields and luxury living but also the opportunity to secure a UAE Golden Visa through property investment.
For Melbourne buyers seeking long-term global mobility, tax planning advantages, or an alternative residency path, investing in Dubai real estate is becoming a game-changer. In this comprehensive guide, we’ll explore how you can acquire a UAE Golden Visa by investing in Dubai, the benefits of doing so, eligibility criteria, required investment thresholds, and steps to apply—all tailored for Melbourne-based property buyers.
The UAE Golden Visa is a long-term residency visa introduced by the UAE government to attract foreign talent, investors, and entrepreneurs. It allows holders to live, work, and study in the UAE without the need for a local sponsor and offers renewable 10-year residency for eligible property investors.
This visa is particularly attractive for Australians looking for:
Here is a step-by-step breakdown of how a Melbourne-based investor can secure a Golden Visa through property in Dubai:
1. Meet the Investment Requirement
You must invest a minimum of AED 2 million (approx. AUD 820,000) in completed, freehold property in Dubai. Off-plan properties are not eligible unless fully paid and handed over.
Note:
2. Choose the Right Location and Developer
Melbourne investors are advised to work with a reputable Dubai property agency (such as Dubayt Real Estate) to select high-return properties in locations like:
These areas are known for strong appreciation and stable rental demand.
3. Ensure Clean Title and Ownership Documents
Once the property is selected and payment is made, ensure that the title deed (Oqood) is registered with Dubai Land Department (DLD). This is a key requirement for visa processing.
4. Apply for the Golden Visa
Submit your documents through the Dubai General Directorate of Residency and Foreigners Affairs (GDRFA). Required documents include:
Visa processing typically takes 2-4 weeks.
5. Enjoy the Benefits of Golden Residency
Once approved, you’ll enjoy:
|
Benefit |
Details |
|
Tax Efficiency |
No income or capital gains tax in UAE |
|
Family Residency |
Spouse, children, and parents are eligible |
|
Residency Without Stay Requirement |
No minimum physical presence in UAE |
|
Global Mobility |
Gateway to the Middle East, Africa, and Europe |
|
Dual Residency |
Maintain Australian residency while enjoying UAE perks |
|
Feature |
Dubai |
Melbourne |
|
Visa from Property |
✅ Golden Visa (AED 2M) |
❌ No residency |
|
Rental Yields |
8% |
2–4% |
|
Annual Property Tax |
❌ None |
✅ Yes |
|
Stamp Duty |
Low (4%) |
High (4.5–5.5%) |
|
Long-Term Residency |
✅ 10 years |
❌ Not available via property |
Example: Sarah, a Melbourne-based tech entrepreneur, invested AED 2.1 million (AUD 860,000) in a ready 2-bedroom apartment in Dubai Marina. Within 3 weeks of completing the property transfer, she applied for the Golden Visa through a certified agency and was granted 10-year residency, covering herself, her husband, and two children.
She now splits time between Melbourne and Dubai, enjoying tax-free rental income and international lifestyle benefits.
For Melbourne investors seeking a tax-free second residency, global business access, and stable property returns, Dubai offers one of the world’s most strategic options. With the added benefit of the UAE Golden Visa, you don’t just buy property—you buy opportunity, security, and a global lifestyle.
Ready to start your property journey in Dubai?
Contact Dubayt today for a personalized consultation and take the first step toward owning or investing in one of the world’s most exciting real estate markets.
1. Can I get a UAE Golden Visa just by buying property in Dubai?
Yes, if your investment is worth at least AED 2 million (approx. AUD 820,000) in freehold, completed property.
2. Is Dubai property tax-free for Melbourne buyers?
Yes, there is no annual property tax, no capital gains tax, and no personal income tax in Dubai.
3. Can I get a Golden Visa for my family too?
Yes, your spouse, children, and even parents can be included under your Golden Visa residency.
4. How long does the Dubai Golden Visa process take?
On average, it takes 2 to 4 weeks once the application is submitted with complete documents.
5. Is the UAE Golden Visa permanent?
It is a renewable 10-year residency visa as long as the investment is maintained and eligibility criteria are met.
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