340 Riverside Crescent Golden Visa

The 2 bedroom apartments, from AED 2.05M ≈ USD 558K, and the 2.5 bedroom apartments, from AED 2.50M ≈ USD 681K, are priced at or above the AED 2M ≈ USD 545K property threshold at their starting prices. The 1 bedroom and 1.5 bedroom apartments are priced below it. Eligibility is assessed on the purchase price recorded for the specific unit under the regulations in force at the time of application, and the full criteria are set out in the Golden Visa requirements guide.

Not at their current starting prices. The 1 bedroom apartments start at AED 1.23M ≈ USD 334K and the 1.5 bedroom apartments at AED 1.45M ≈ USD 395K, both below the AED 2M ≈ USD 545K property threshold. At 340 Riverside Crescent, a buyer whose priority is property-based residency looks at the 2 bedroom and 2.5 bedroom layouts instead, and all four layouts are compared in the 340 Riverside Crescent project guide.

Usually yes, once the purchase is registered through Oqood and meets the qualifying value together with any paid-value conditions the authorities apply at that time; those conditions are commonly applied to off-plan files and updated from time to time. A buyer who wants the most straightforward application can hold off until the title deed is issued after the Q4 2027 handover. Both routes are compared in the off-plan Golden Visa guide.

The plan is 20% on booking plus the 4% DLD registration fee, 40% during construction and 40% on handover. The fee is paid to the Dubai Land Department and is not part of the purchase price assessed for eligibility. Because 60% of the price is paid before handover, an application during construction is often possible once the conditions in force are met, and how much of the construction 40% is already due at the current stage of the tower is set in each SPA.

Sobha Realty's plan allows the final 40% to be paid on handover or through a mortgage. Mortgaged property is commonly considered for the property-based Golden Visa, subject to the conditions in force at the time of application, which are set by the authorities and can include requirements on the lending bank or on the amount already paid. The current conditions are listed in the Golden Visa requirements guide.

Joint ownership is commonly assessed on each owner's share of the recorded purchase value, and the treatment of co-owners, including spouses, is set by the authorities and updated from time to time. The highest starting price at 340 Riverside Crescent is AED 2.50M ≈ USD 681K for a 2.5 bedroom apartment, so an equal split between two owners would leave each share below AED 2M ≈ USD 545K. Co-owners should confirm how their specific purchase is treated before buying.

The property-based Golden Visa commonly allows the holder to sponsor a spouse and children, subject to the conditions in force at the time of application. These sponsorship rules are not specific to 340 Riverside Crescent and are explained in the Golden Visa benefits guide.

The program's current term is 10 years and renewable, provided the qualifying ownership is kept and the requirements in force at renewal are met. Selling the 340 Riverside Crescent apartment before renewal, or holding a unit recorded below the AED 2M ≈ USD 545K threshold, can affect eligibility at that point.

Before completion the purchase is registered with the Dubai Land Department through Oqood, the off-plan registration that commonly supports applications made during construction. After the Q4 2027 handover the Oqood registration is converted to a title deed, and an application filed then rests on completed, registered ownership. Progress toward that point is followed on the 340 Riverside Crescent construction updates page.

No. For buyers who purchase through this advisory, the VIP application service, covering document preparation, submission, and status follow-up, is included at no charge. Only the official government fees apply, as published by the issuing authorities at the time of application.

No. A qualifying purchase makes a buyer eligible to apply, and the decision rests with the UAE residency authorities (ICP), which verifies ownership and runs the checks in force when the file is submitted. At 340 Riverside Crescent only the 2 bedroom and 2.5 bedroom layouts reach the threshold at their starting prices, and the process is set out in the Golden Visa application guide.