Marine 2 at DAMAC Riverside Views Golden Visa

Both apartment types sit below the AED 2M ≈ USD 545K property threshold at listed prices. 1 Bedroom Apartments start at AED 1.08M ≈ USD 293K, and 2 Bedroom Apartments, the closer of the two, start at AED 1.68M ≈ USD 457K, which is AED 320,000 ≈ USD 87K short. Neither type reaches the threshold on its own, and the current criteria are set out in the Dubai Golden Visa requirements guide.

The value assessed is the purchase value recorded with the Dubai Land Department: on the Oqood registration while Marine 2 is under construction, and on the title deed after completion. It is checked against the rules in force on the application date. Listing prices, asking prices and estimates of future value are not the figure that counts.

Marine 2 follows the DAMAC Riverside Views regular payment plan: 20% on booking plus the 4% DLD registration fee, 60% in 40 instalments scheduled by months from booking, and 20% on completion. The fee is paid to the Dubai Land Department and is not part of the recorded purchase value. Paying instalments raises the amount paid, not the recorded value, so the plan does not change where a Marine 2 apartment sits against the threshold. DAMAC publishes this as the regular payment plan for DAMAC Riverside Views; confirm the schedule that applies to a Marine 2 unit with DAMAC and in the SPA.

Off-plan property applications are typically supported by the Oqood registration, with evidence that the recorded value reaches the required level and that any paid-value conditions commonly applied at the time of application are met; those conditions are updated from time to time. At listed prices the recorded value of either Marine 2 apartment type is below the required level, so applying on the Oqood or waiting for the title deed after handover in Q2 2028 leads to the same assessment. The general process is explained in the off-plan property Golden Visa guide.

Under rules commonly applied, a mortgaged property is assessed on its recorded purchase value, and the authorities may ask for confirmation of the amount paid or a no-objection letter from the lender, under the regulations in force at the time of application. Financing does not change the recorded purchase value, so a mortgage on a Marine 2 apartment does not move it any closer to the AED 2M ≈ USD 545K threshold.

Where a property is held by co-owners, the rules commonly applied have looked at each owner's share of the recorded value, with specific provisions for spouses, under the regulations in force at the time of application. Because the full recorded value of either Marine 2 apartment type is already below the AED 2M ≈ USD 545K threshold at listed prices, joint ownership does not bring any owner's share closer to it.

Three points: the contract value of the specific unit in the SPA, which is the value the Dubai Land Department records; the Golden Visa property rules in force on the planned application date; and whether the purchase stands on its own merits, since at listed prices neither Marine 2 apartment type reaches the property threshold on its own. Property is one of several routes to UAE residency, and the criteria for each are set by the issuing authorities.

The program's current term is 10 years and renewable, under the regulations in force at the time of application. Renewal is commonly tied to continued ownership of property that still meets the value test at the time of renewal. For a Marine 2 owner the same test applies at renewal as at application, and at listed prices the recorded purchase value of a single Marine 2 apartment is below AED 2M ≈ USD 545K.

No. For Marine 2 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. A property purchase never guarantees a Golden Visa: approval depends on meeting every requirement in force at the time of application, including the property value test, ownership verification and standard background checks, and at listed prices neither Marine 2 apartment type meets the value test on its own. Construction status is tracked on the Marine 2 at DAMAC Riverside Views construction updates page.