Art Bay West Golden Visa

Two of the four. 2 bedroom apartments start from AED 2.40M ≈ USD 654K and 3 bedroom apartments from AED 3.42M ≈ USD 932K, so each clears the AED 2M ≈ USD 545K property value on its own at current starting prices. Studios from AED 1.25M ≈ USD 340K and 1 bedroom apartments from AED 1.50M ≈ USD 408K start below the threshold and do not qualify alone. Eligibility is assessed on the registered purchase value, so confirm the contract value of the specific unit; the full criteria are covered in the Golden Visa requirements guide.

Off-plan applications are typically supported by Oqood registration of the Art Bay West purchase and proof that it meets the qualifying value and any paid-value conditions applied at the time of application. Buyers who prefer a simpler file can wait for the title deed, which is issued after completion. Art Bay West was originally scheduled for handover in Q3 2026 and that quarter has passed, so the timing of the title deed should be confirmed with Ellington in writing and checked against the SPA. The process is explained step by step in the off-plan Golden Visa guide.

The plan is 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 of the project, and 30% on completion. Because half of the price follows each buyer's own reservation calendar, the amount paid builds on a known timetable rather than on site progress, which matters where the off-plan conditions in force at the time of application look at the share already paid.

No. The value assessed for a property-based Golden Visa is the registered purchase price of the Art Bay West apartment itself. The 4% DLD registration fee is a government charge paid to the Dubai Land Department at booking, so it adds to the cost of buying but not to the value assessed. A 2 bedroom apartment from AED 2.40M ≈ USD 654K clears the threshold on its price alone, while a 1 bedroom from AED 1.50M ≈ USD 408K stays below it regardless of the fees paid on top.

Finance does not rule out an application by itself. Under the conditions commonly applied, a mortgaged property can be considered where the lending bank provides the required letter and the value and amount-paid conditions in force at the time of application are met; these conditions are updated from time to time. At Art Bay West the 70/30 plan is paid to the developer during construction, so bank finance, where used, more commonly comes into play at completion. Confirm the current rules for mortgaged property before relying on finance for a residency purchase.

Joint ownership is possible, but under the conditions commonly applied each owner's own share of the registered value is assessed against the AED 2M ≈ USD 545K threshold, with separate conditions for property held jointly by spouses. On that basis, an equal split of a 3 bedroom apartment at its AED 3.42M ≈ USD 932K starting price leaves each share below the threshold. Because these rules are updated from time to time, check how a joint purchase at Art Bay West would be assessed before deciding the names on the contract.

A property-based Golden Visa generally allows the holder to sponsor a spouse and children, subject to the conditions in force at the time of application. Family members are sponsored through the main investor's residency, so one qualifying Art Bay West apartment, a 2 or 3 bedroom at current starting prices, can anchor the whole family file. What the visa covers and does not cover is set out in the Golden Visa benefits guide.

The program's current term is 10 years, renewable. Renewal generally depends on still holding qualifying property and meeting the requirements in force at the time of renewal, so the visa stays tied to keeping the Art Bay West apartment or another qualifying investment. Selling the qualifying property during the term can affect the visa, so plan any exit with the residency position in mind.

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 2 or 3 bedroom purchase at Art Bay West can meet the property value condition, but approval rests with the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) and depends on satisfying every requirement in force at the time of application, including ownership verification and standard background checks. Dated register readings for the project can be followed on the Art Bay West construction updates page.