Nice at DAMAC Lagoons by DAMAC Golden Visa

The property route of the UAE Golden Visa applies a minimum property value of AED 2M ≈ USD 545K, assessed on the registered purchase value of the home. At Nice at DAMAC Lagoons, the 5 Bedroom Townhouse from AED 2.16M ≈ USD 588K and the 6 Bedroom Villa from AED 4.73M ≈ USD 1.29M are above that value, and the 4 Bedroom Townhouse from AED 1.71M ≈ USD 466K is below it. The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) and the DLD decide eligibility under the regulations in force at the time of application. Full criteria are covered in the Dubai Golden Visa requirements guide.

Not on its own at its starting price. The 4 Bedroom Townhouse at Nice at DAMAC Lagoons starts at AED 1.71M ≈ USD 466K, below the AED 2M ≈ USD 545K minimum applied to the property route. The lowest home type at Nice at DAMAC Lagoons that clears the threshold alone is the 5 Bedroom Townhouse from AED 2.16M ≈ USD 588K. Eligibility is always assessed by the ICP and the DLD on the registered value of the specific home, under the rules in force at application.

Nice at DAMAC Lagoons is still under construction, so a purchase is recorded under Oqood until the title deed is issued at handover, expected in Q4 2026. An off-plan application commonly rests on the Oqood registration, a contract value at or above the threshold, and any paid-value condition in force when the file is submitted, and these conditions are updated from time to time. Buyers who prefer a simpler file can apply on the title deed after handover. The process is set out in the off-plan property Golden Visa guide.

DAMAC's published launch plan for Nice at DAMAC Lagoons spreads 50% of the price over the booking payment, a deposit balance and ten instalments counted from the sale date, and leaves 50% due on completion. Because half of the price is paid at completion, paid-value conditions for an off-plan application may only be met close to handover, and the schedule a buyer signs today is the one set out in the SPA, which can differ from the launch plan. The handover is expected in Q4 2026.

No. The threshold is measured against the registered purchase value of the home. The 4% DLD fee is a separate registration charge paid to the Dubai Land Department, which DAMAC's launch plan collects with the 10% deposit balance within 30 days of the sale, so it does not add to the value being assessed. A 4 Bedroom Townhouse bought at AED 1.71M ≈ USD 466K therefore stays below the threshold even after that fee is paid.

Mortgaged property is commonly accepted for the property route, typically subject to conditions on the amount already paid and a letter from the lending bank, and those conditions are updated from time to time. For a home at Nice at DAMAC Lagoons bought before handover, the financing available and how a mortgaged Oqood purchase is assessed should be confirmed with the lender and against the requirements in force at the time of application.

For jointly owned property, the share registered to each applicant is commonly what is assessed against AED 2M ≈ USD 545K, under the conditions in force at application. As arithmetic only, an equal two-way split of a 6 Bedroom Villa at AED 4.73M ≈ USD 1.29M gives each owner about AED 2.37M ≈ USD 644K, while an equal split of a 5 Bedroom Townhouse at AED 2.16M ≈ USD 588K gives each about AED 1.08M ≈ USD 294K. The ICP and the DLD confirm how a specific co-ownership is assessed.

Under the current program rules, a property investor holding a Golden Visa is commonly able to sponsor a spouse and children, with the conditions for each family member set by the ICP and updated from time to time. The visa holder's own eligibility still rests on the qualifying home, which at Nice at DAMAC Lagoons means the 5 Bedroom Townhouse or the 6 Bedroom Villa at their current prices. Sponsorship is covered in the Dubai Golden Visa benefits guide.

The program's current term for the property route is 10 years, renewable. Renewal commonly depends on still holding qualifying property at the time of renewal, so selling a home at Nice at DAMAC Lagoons without replacing it with another qualifying property would normally affect renewal. Terms and conditions are those in force when the visa is issued or renewed.

No. Buying a qualifying home makes an owner eligible to apply, and approval rests with the ICP and the DLD, which apply the requirements current on the date of application, verify ownership, and carry out their usual background screening. Construction status can be followed on the Nice at DAMAC Lagoons construction updates page.

No. Buyers who purchase at Nice at DAMAC Lagoons through this advisory receive VIP handling of the application, from assembling the documents and filing them to tracking the outcome, with no service charge. Government fees apply and are paid at whatever rates the issuing authorities set when the file is lodged.