Bahamas at DAMAC Islands 2 Golden Visa

All three tiers start above it. The 4 bedroom townhouse at AED 2.75M ≈ USD 749K sits AED 750K ≈ USD 204K over the AED 2M ≈ USD 545K line, the 5 bedroom townhouse at AED 3.57M ≈ USD 972K sits AED 1.57M ≈ USD 428K over it, and the 6 bedroom luxury villa at AED 9.51M ≈ USD 2.59M sits AED 7.51M ≈ USD 2.04M over it. Clearing the threshold makes a buyer eligible to apply, not approved: approval depends on the requirements in force at the time of application. Full criteria are set out in the Golden Visa requirements guide.

Off-plan applications are typically supported by Oqood registration and proof that the purchase 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 issued at handover, scheduled for June 2030. The route is explained step by step in the off-plan Golden Visa guide.

The plan is a 20% deposit on booking plus the 4% DLD registration fee, 55% across 47 monthly instalments within months 3 to 49 from sale, and 25% on completion. Counted from the sale date, about 32% of the price is paid by month 12, 52% by month 26 and 75% by month 49, so a buyer can see in advance when the paid-value condition in force at the time of application is likely to be met. Because the schedule runs from each buyer's own sale date, later buyers reach these points later relative to the June 2030 handover.

It depends on the tier, because each owner's share is commonly assessed on its own value against the AED 2M ≈ USD 545K threshold. An equal split of a 4 bedroom townhouse at AED 2.75M ≈ USD 749K gives each owner about AED 1.38M ≈ USD 374K, and an equal split of a 5 bedroom townhouse at AED 3.57M ≈ USD 972K about AED 1.79M ≈ USD 486K, both below the threshold. An equal split of a 6 bedroom luxury villa at AED 9.51M ≈ USD 2.59M gives each owner about AED 4.76M ≈ USD 1.29M, above it. Treatment of joint ownership, including between spouses, follows the rules in force at the time of application.

Financed property has commonly been accepted for the property route, typically supported by a letter from the lending bank, but the conditions on mortgaged purchases are updated from time to time and are confirmed at the time of application. At Bahamas the question usually arises late: the developer plan collects 75% of the price through the deposit and instalments, so any bank financing normally applies only to the 25% completion payment due at handover in June 2030.

The Golden Visa commonly allows the holder to sponsor a spouse and children, subject to the sponsorship conditions in force at the time of application, with each family member's residency linked to the main holder's visa. Families weighing the 5 bedroom townhouse at AED 3.57M ≈ USD 972K or the 6 bedroom luxury villa at AED 9.51M ≈ USD 2.59M are on the same residency route as the 4 bedroom entry tier, since all three clear the threshold. Sponsorship scope is covered in the Golden Visa benefits guide.

An off-plan file commonly includes the Oqood registration from the Dubai Land Department, the sales and purchase agreement for the Bahamas unit, a statement of account from DAMAC showing the amounts paid, and the applicant's passport and photograph. After handover, the title deed replaces the Oqood. The exact list is set by the issuing authorities and can change, so it should be confirmed before submitting; the full sequence is in the guide to applying for the UAE Golden Visa.

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.