Capri 2 at DAMAC Riverside Views Golden Visa

The 2 Bedroom Apartment, listed from AED 1.416M ≈ USD 386K, which still sits AED 584,000 ≈ USD 159K short of the AED 2M ≈ USD 545K property threshold. The 1 Bedroom Apartment starts at AED 967K ≈ USD 263K, less than half of that figure. Neither layout reaches the threshold on its own at its listed starting price. The full criteria are set out in the Golden Visa requirements guide.

The purchase value registered with the Dubai Land Department: the Oqood value while Capri 2 is under construction, and the title deed value once the project is completed. Asking prices and market estimates made after purchase do not replace the registered figure. Eligibility is decided by the ICP or GDRFA under the rules in force at the time of application.

No. The 4% DLD registration fee is a government charge paid to the Dubai Land Department at booking, alongside the 20% deposit, and it is not held in escrow. It sits outside the registered purchase value. On the 2 Bedroom starting price the fee works out at AED 56,640 ≈ USD 15K.

The DAMAC Riverside Views regular plan collects 20% on booking, 60% in 40 instalments scheduled by months from booking, and 20% on completion. The schedule changes how much has been paid at a given date, not the registered purchase value, so at the listed starting prices it does not lift either layout to the property threshold. DAMAC issues this as its regular plan for the release that includes Capri 2, and the schedule for a specific unit should be confirmed with DAMAC and in the SPA.

For purchases that meet the threshold, both routes are used: off-plan applications are commonly supported by the Oqood-registered contract plus proof that any paid-value conditions applied at the time are met, while owners after the expected Q1 2029 handover apply with the title deed. In either case the registered value has to reach the threshold first, which a single Capri 2 apartment at its listed starting price does not. The off-plan Golden Visa guide walks through that route step by step.

A mortgage does not raise the registered purchase value, so it cannot move a Capri 2 apartment above the threshold. Where a property does meet the threshold, mortgaged purchases are commonly accepted with a bank letter confirming the amount paid, subject to the rules in force at the time of application.

Where a property is held jointly, each owner's share is commonly assessed against the threshold on its own, and spouses may be treated differently under the rules in force at the time of application. Because a whole Capri 2 apartment at its listed starting price sits under the threshold, a part share of one sits further below it.

Under the program as currently applied, a property-route Golden Visa holder can commonly sponsor a spouse and children, subject to the conditions in force at the time. Family sponsorship follows from an approved visa, so it depends first on a qualifying property, and a single Capri 2 apartment at its listed starting price does not meet the property threshold.

The program's current term is 10 years, renewable. Renewal is commonly tied to continued ownership of property that still meets the conditions in force at the time of renewal, so it applies only to owners whose registered value met the threshold in the first place. What the visa covers is set out in the Golden Visa benefits guide.

No. For buyers who purchase through this advisory and are eligible to apply, 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. Approval depends on satisfying all requirements in force at the time of application, including ownership verification and standard background checks, and the decision rests with the ICP or GDRFA. At the listed starting prices a single Capri 2 apartment sits below the property threshold, and property is only one of several routes to UAE residency. Build progress can be followed on the Capri 2 construction updates page.