Bora Bora at DAMAC Islands Golden Visa

All three. The 4 Bedroom Townhouse starts at AED 2.29M ≈ USD 625K, the 5 Bedroom Townhouse at AED 3.11M ≈ USD 848K and the 6 Bedroom Villa at AED 6.82M ≈ USD 1.86M, so each type is priced above the AED 2M ≈ USD 545K property threshold on its own at current starting prices. Eligibility still depends on the registered value of the specific home and on the rules in force at the time of application; the full criteria are set out in the Dubai Golden Visa requirements guide.

Off-plan applications are generally supported by the DLD Oqood registration of the purchase, together with proof that it meets the qualifying value and any paid-value condition applied at the time of application; these conditions are updated from time to time. Buyers who want the simplest file can apply after completion instead, once the title deed for the Bora Bora home is issued. Both routes are explained in the off-plan property Golden Visa guide.

DAMAC's launch plan for DAMAC Islands asks for 20% on booking plus the 4% DLD registration fee, which is paid to the Dubai Land Department on top of the price and is not part of the purchase value assessed for the visa, followed by 55% in 39 monthly instalments and 25% on completion. Because the instalments fall due by date rather than by construction stage, the share of the price paid rises on a fixed calendar, which makes it straightforward to see when a paid-value condition in force at the time could be met. The current Bora Bora schedule should be confirmed with DAMAC and in the SPA.

The figure that counts is the purchase value registered with the Dubai Land Department: on the Oqood for an off-plan home, and on the title deed after completion. A Bora Bora home contracted at or above AED 2M ≈ USD 545K meets the property threshold, while a resale home registered below that figure would not qualify on its own. The application itself is decided by the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) or by the GDRFA in Dubai, under the rules in force at the time.

The record of the phase the home belongs to. The Dubai Land Department registers the Bora Bora cluster as separate phases, Bora Bora 1 to 4, each with its own project record. Bora Bora 1, the first registered phase, is DLD project 3498, listed as Damac Islands - Bora Bora 1, with 251 units; a home in another phase sits on that phase's own record, which is the one named in its SPA and Oqood.

Mortgaged property has been accepted for property-based Golden Visa applications under recent rules, typically with a no-objection letter from the lending bank, but the treatment of financed value is set by the residency authorities and changes from time to time. Off-plan purchases such as Bora Bora are often paid in instalments from the buyer's own funds during construction, with any mortgage arranged nearer completion, so the current position should be confirmed with the lender and the issuing authority before booking.

Joint ownership is possible, but each co-owner's eligibility is assessed under the rules in force at the time of application, which have generally looked at the value of each owner's registered share rather than the full price of the home, with specific provisions for married couples in some cases. Co-owners should check how their individual shares compare with the AED 2M ≈ USD 545K threshold before the Oqood is registered, because the names and shares recorded at booking are the ones the authorities see.

Yes, in principle. A single qualifying Bora Bora home, from the 4 Bedroom Townhouse at AED 2.29M ≈ USD 625K, can support the main application, and the Golden Visa program allows the holder to sponsor family members, typically a spouse and children, subject to the age, relationship and document conditions in force at the time of application. Sponsorship terms are covered in the Dubai Golden Visa benefits guide.

The program's current term is 10 years, renewable. Renewal generally depends on still holding qualifying property and meeting the conditions in force at the time of renewal, so selling the Bora Bora home without another qualifying investment in its place would normally remove the basis for renewing the visa.

No service fee applies for buyers who purchase through this advisory: the VIP Golden Visa application service, covering document preparation, submission and status follow-up, is free. Government fees apply, as published by the issuing authorities at the time of application.

No. A purchase at a qualifying value makes a buyer eligible to apply, but the decision rests with the ICP or the GDRFA, which apply every requirement in force at the time, including ownership verification and standard background checks. Construction progress for the cluster's registered phases is recorded on the Bora Bora at DAMAC Islands construction updates page.