Ibiza at DAMAC Lagoons by DAMAC Golden Visa

Both current home types. The 4 Bedroom Townhouse is priced from AED 2.10M ≈ USD 572K and the 5 Bedroom Townhouse from AED 2.80M ≈ USD 762K, so either one reaches the AED 2M ≈ USD 545K minimum by itself, with no second property needed. The authorities confirm eligibility when you apply, under the rules then in force, and the full criteria are set out in the Golden Visa requirements guide.

Because the margin is narrow. The 4 Bedroom Townhouse is priced from AED 2.10M ≈ USD 572K, just AED 100K ≈ USD 27K over the AED 2M ≈ USD 545K threshold. The authorities look at the value recorded by the Dubai Land Department on the Oqood or title deed, not at an advertised price, so a discounted, negotiated or resale unit recorded under AED 2M ≈ USD 545K falls short by itself. The 5 Bedroom Townhouse, from AED 2.80M ≈ USD 762K, leaves a far wider cushion.

Usually, yes. An off-plan file typically rests on the Oqood registration, evidence that the contract value qualifies, and any paid-amount condition the authorities apply on the day you file. Handover is expected in Q2 2027, so a buyer without a deadline can instead wait for the title deed issued after handover and file on completed ownership. Both routes are compared in the off-plan Golden Visa guide.

DAMAC's published launch payment plan is an 80/20 structure: 20% on booking plus the 4% DLD fee, eleven 5% instalments every three months to month 33 of the sale date, 5% across three later construction milestones, and 20% on completion. Because the project is at an advanced stage of construction, a buyer entering now pays on the schedule set in the SPA rather than the launch timetable, and the share of the price paid before handover decides when the commonly applied paid-value conditions are met.

No. The 4% fee is paid to the Dubai Land Department on top of the purchase price and is not part of the property's registered value. Only the registered purchase value is assessed for the Golden Visa, and at Ibiza at DAMAC Lagoons that value starts at AED 2.10M ≈ USD 572K for a 4 Bedroom Townhouse.

Mortgaged property has commonly been accepted, subject to the conditions in force at the time of application, which typically include a letter from the lending bank confirming the loan and the amount already paid. Bank finance on off-plan purchases is less common in the UAE, and off-plan instalments are usually paid directly until handover, so any mortgage on an Ibiza townhouse would normally start at completion. Confirm the current treatment of mortgaged property with the issuing authorities before relying on it.

Joint ownership is commonly assessed on each owner's share of the registered value, under the rules in force at the time of application. As arithmetic only: a 4 Bedroom Townhouse at AED 2.10M ≈ USD 572K split equally gives each owner AED 1.05M ≈ USD 286K, and a 5 Bedroom Townhouse at AED 2.80M ≈ USD 762K gives each owner AED 1.40M ≈ USD 381K, both below the AED 2M ≈ USD 545K line. Rules for co-owners, including spouses, are set and updated by the authorities, so confirm the current position before deciding how to register the purchase.

The property Golden Visa program allows the holder to sponsor family members such as a spouse and children, subject to the conditions and documents required at the time of application. Sponsorship rights, and the limits of what the visa provides, are explained in the Golden Visa benefits guide.

The program currently grants a 10-year residency, renewable while the holder continues to meet the conditions in force at renewal, which for property investors normally means keeping qualifying ownership. Selling the townhouse, or reducing the registered holding below the qualifying value, would affect eligibility for renewal. The application and renewal steps are covered in the Golden Visa application guide.

No. Buyers who complete their purchase through this advisory receive the VIP application service, which handles document preparation, filing and status tracking, without a service charge. The government fees set by the issuing authorities when the file is submitted still apply.

No. A qualifying purchase makes the buyer eligible to apply, but approval rests with the issuing authorities and depends on every requirement in force when the file is submitted, such as verification of ownership and the usual security screening. Progress toward the Q2 2027 handover and the title deed is tracked on the Ibiza at DAMAC Lagoons construction updates page.