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Regulations regarding Property Investor Visa state that if a property is worth AED 1,000,000 or more, then the individual should be given a residence visa for two years.
Taxes
There are no taxes for buying a property, but for registering a property, the buyer just pay 4% to the Dubai land department for the purchase price of the property. If it is a mortgaged property, one needs to pay a registration fee of 0.25% of the mortgage value.
Charges
The Land Department of Dubai charges a 4% transfer fee for registering a new property ownerThe developer’s no objection certificate is charged at AED 5000 by the land department.
AED 4000 is charged for ready property by registration trustees and AED 5000 for off plan properties.