Art Bay East Golden Visa

Two of the four. 2 Bedroom Apartments start at AED 2.75M ≈ USD 749K and 3 Bedroom Apartments at AED 3.66M ≈ USD 995K, so each clears the AED 2M ≈ USD 545K threshold on its own starting price. The Studio, from AED 913K ≈ USD 249K, and the 1 Bedroom Apartments, from AED 1.65M ≈ USD 449K, fall below it by AED 1.087M ≈ USD 296K and AED 350K ≈ USD 95K respectively. Eligibility is assessed on the registered purchase value of the specific unit, and the full criteria are set out in the Golden Visa requirements guide.

Off-plan buyers of a qualifying 2 or 3 bedroom apartment can generally apply on the strength of their Oqood registration, provided the contract value and the amount paid meet the conditions applied by the authorities at the time of application. The alternative is to wait for the title deed issued on completion. Art Bay East was originally scheduled for handover in Q3 2026 and that date has passed, so the timing of the title deed should be confirmed with Ellington and checked against the SPA. The off-plan route is explained step by step in the off-plan Golden Visa guide.

The plan asks for 20% at booking plus the 4% DLD registration fee, then 10%, 10%, 5% and 5% at 30, 90, 150 and 240 days after the reservation date, four 5% instalments on completion of 30%, 40%, 50% and 60% construction, and 30% on completion. Half the price therefore falls due within 240 days of each buyer's reservation, whatever the build stage. At the DLD register reading of 10.42% recorded on 12 May 2026, none of the construction-linked instalments had been triggered, as the first is tied to 30% construction. The paid-value condition applied to off-plan applications is set by the authorities and updated from time to time, so it should be confirmed before filing.

No. The 4% DLD registration fee is a government charge paid to the Dubai Land Department on top of the purchase price, and it is not part of the property value. The threshold of AED 2M ≈ USD 545K is measured against the registered purchase value of the apartment itself. Purchase costs added on top of the price therefore cannot lift a Studio or a 1 Bedroom Apartment over the line.

Financing does not in itself rule out an application. Under the approach commonly applied, a mortgaged property can support a Golden Visa where the conditions in force are met, which may include a letter from the lending bank and a minimum amount paid by the owner. Financing a 2 or 3 bedroom apartment at Art Bay East before completion also depends on a lender being willing to fund an off-plan unit. Because these conditions are updated from time to time, they should be confirmed for the specific purchase before relying on a financed apartment.

Joint ownership is possible, but how a shared apartment is assessed, including whether each owner's share must reach the threshold on its own, is decided under the rules in force at the time of application. As simple arithmetic, an equal two-way split of a 3 Bedroom Apartment at AED 3.66M ≈ USD 995K gives each owner AED 1.83M ≈ USD 498K, and of a 2 Bedroom Apartment at AED 2.75M ≈ USD 749K gives each owner AED 1.375M ≈ USD 374K. Co-buyers, including spouses, should confirm how their ownership split will be treated before signing.

The property Golden Visa allows the holder to sponsor family members, typically a spouse and children, under the sponsorship conditions in force at the time of application. At Art Bay East the qualifying purchase would be a 2 or 3 bedroom apartment, since the Studio and 1 Bedroom Apartments do not reach the threshold on their own starting prices. Who can be sponsored and on what terms is covered in the Golden Visa benefits guide.

The program's current term is ten years, renewable. Renewal generally depends on still holding qualifying property that meets the conditions in force when you renew, so selling the apartment, or reducing the holding below the required value, can affect it. Owners who expect to resell an Art Bay East apartment should weigh that against the timing of their renewal.

No. A qualifying purchase allows you to apply, but approval rests with the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) and depends on meeting every requirement in force at the time of application, including ownership verification and standard checks. Dated construction records for the building are kept on the Art Bay East 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.