Nice 2 at DAMAC Lagoons by DAMAC Golden Visa

Two of the three home types. The 5 Bedroom Townhouse starts at AED 2.50M ≈ USD 681K and the 6 Bedroom Villa at AED 4.60M ≈ USD 1.25M, so a single home of either type is priced above the AED 2M ≈ USD 545K property threshold. The 4 Bedroom Townhouse starts at AED 1.70M ≈ USD 463K, below the threshold, and does not qualify on its own. Eligibility is decided at application on the registered value of the specific unit under the rules in force at that time, as set out in the Dubai Golden Visa requirements guide.

The property route of the UAE Golden Visa is assessed against a minimum registered property value of AED 2M ≈ USD 545K. The 4 Bedroom Townhouse at Nice 2 is priced at AED 1.70M ≈ USD 463K, so its registered value sits below that minimum. Buyers whose residency plans depend on the property route at Nice 2 therefore look at the 5 Bedroom Townhouse from AED 2.50M ≈ USD 681K or the 6 Bedroom Villa from AED 4.60M ≈ USD 1.25M, always subject to the conditions applied at the time of application.

Off-plan applications rest on the Oqood registration of the purchase contract, together with proof that the registered value and any paid-value condition applied at the time of application are met. Nice 2 recorded 83.88% on the Dubai Land Department project register on 17 August 2026, with handover estimated for Q2 2027, when the Oqood converts to a title deed and the application can rest on completed ownership. The two routes are compared in the off-plan property Golden Visa guide.

The developer's published launch plan is 5% on booking, then 10% plus the 4% DLD registration fee within 30 days, ten instalments totalling 35% within 3 to 30 months of the sale date, and 50% on completion. The registration fee is paid on top of the price and is not part of the qualifying property value. With half of the price due on completion, buyers who want residency before handover need to meet the paid-value condition in force when they apply, while others apply on the title deed after handover. The schedule a buyer signs is confirmed in the SPA.

Homes bought with mortgage finance have commonly been accepted for the property route, subject to conditions such as a letter from the lending bank and rules on the amount already paid, which are updated from time to time. At Nice 2 the 50% completion payment is where financing usually comes in, so buyers relying on a mortgage should confirm the current lender and authority conditions for their unit before the application is filed.

Where a home is jointly owned, the authorities have commonly looked at each owner's share of the registered value, with separate arrangements applied to spouses under the rules in force at the time. As an illustration only, a 6 Bedroom Villa at AED 4.60M ≈ USD 1.25M split equally would give each owner a share of AED 2.30M ≈ USD 626K, while an equal split of a 5 Bedroom Townhouse at AED 2.50M ≈ USD 681K would leave each share below AED 2M ≈ USD 545K. Confirm how the current rules treat your ownership structure before registering the purchase.

A Golden Visa issued on a qualifying property has commonly allowed the holder to sponsor a spouse and children, and in some cases other dependants, under the conditions in force at the time of application. Sponsorship applies only where the Nice 2 home itself qualifies, which means the 5 Bedroom Townhouse or the 6 Bedroom Villa at current prices. The scope of family sponsorship is covered in the Dubai Golden Visa benefits guide.

The property route currently carries a 10-year residency term, renewable while the holder continues to own qualifying property and meets the conditions in force at renewal. Selling the Nice 2 home, or holding a unit whose registered value sits below the threshold, would affect renewal on that basis, so the ownership position should be checked before each renewal.

No. Buyers who purchase a Nice 2 home through this advisory receive the VIP application service, which takes in document preparation, filing and status tracking, with no service fee charged. The service is free and government fees apply, at the official rates the issuing authorities publish when the file is submitted.

No. A qualifying purchase allows the owner to apply, but approval rests with the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) and the Dubai Land Department and depends on every requirement applied on the filing date, from verification of the registered ownership to the usual security and background screening. Progress toward the Q2 2027 handover can be followed on the Nice 2 at DAMAC Lagoons construction updates page.