Palace Residences North Golden Visa

The 2 Bedroom Apartment. Property-based UAE Golden Visa applications are assessed against a minimum value of AED 2M ≈ USD 545K, and at Palace Residences North the 2 bedroom starts from AED 2.70M ≈ USD 735K, so it clears that line on its own with a margin to spare. The 3 Bedroom Apartments from AED 4.20M ≈ USD 1.14M and the 3 Bedroom Waterfront Townhouses from AED 5.00M ≈ USD 1.36M qualify as well. The general criteria are set out in the Dubai Golden Visa requirements guide.

No. The 1 Bedroom Apartments start from AED 1.64M ≈ USD 447K, roughly AED 0.36M ≈ USD 98K under the AED 2M ≈ USD 545K threshold, so a single 1 bedroom unit does not reach the required value. The 1 bedroom suits buyers who want the Palace address or a rental asset rather than residency; for a Golden Visa file, the 2 Bedroom Apartment from AED 2.70M ≈ USD 735K is the lowest tier in the building that qualifies alone.

An application can rest on one of two records. Before handover, it rests on the Oqood-registered sale, together with whatever conditions the residency authorities apply at that moment to property not yet handed over, which have commonly included a minimum amount already paid and supporting documents from the developer. After handover, scheduled for Q2 2027, it rests on the issued title deed. The DDA issued the Building Completion Certificate on 28 August 2025, but that certificate does not by itself put a title deed in a buyer's name, and the rules in force at the time of application decide which route is open. The pre-handover route is explained in the off-plan property Golden Visa guide.

A mortgaged property can be considered, subject to the conditions in force at the time of application. Those conditions have commonly covered which lenders are accepted, the letters the bank must issue, and how much of the price the buyer has paid from their own funds, and they are updated from time to time. With the qualifying tiers at Palace Residences North starting from AED 2.70M ≈ USD 735K, the financing of a 2 bedroom, 3 bedroom or townhouse purchase should be checked against the current rules before the mortgage is arranged.

In joint ownership, the commonly applied approach looks at each applicant's own share of the registered value rather than the full price of the unit. On that basis, a 3 Bedroom Apartment at AED 4.20M ≈ USD 1.14M held in equal halves gives each owner AED 2.10M ≈ USD 572K, and a 3 Bedroom Waterfront Townhouse at AED 5.00M ≈ USD 1.36M gives each AED 2.50M ≈ USD 681K, while a 2 Bedroom Apartment at AED 2.70M ≈ USD 735K split equally leaves each share at AED 1.35M ≈ USD 368K. How co-owners, including married couples, are treated is set by the rules in force when the application is made, so the ownership split should be settled before the sale is registered.

Under the program's current terms, a property Golden Visa holder can generally sponsor a spouse and children, with age, marital status and documentation conditions set by the rules in force at the time of application; other relatives and domestic staff fall under separate conditions. At Palace Residences North the qualifying tiers begin with the 2 Bedroom Apartment of about 992 - 1,114 sq ft (92 - 103 sq m), so the unit that supports the visa can also house a small family. The full sponsorship picture is covered in the Dubai Golden Visa benefits guide.

The property Golden Visa is currently issued for 10 years and is renewable. Renewal generally depends on still holding property that meets the qualifying value under the rules in force at renewal, so selling the Palace Residences North unit that supports the visa, or replacing it with property valued below AED 2M ≈ USD 545K, can affect the basis for renewal. Renewal terms are updated from time to time and should be checked well before the expiry date.

First, the purchase is registered with the Dubai Land Department, as an Oqood before handover or a title deed after it. The application is then filed with proof of ownership and value, a valid passport and the other documents required at the time, followed by a medical fitness test and Emirates ID biometrics before the residency is issued. Processing times depend on the authorities and on how complete the file is; each stage is described in the how to apply for the UAE Golden Visa guide.

It does not grant UAE citizenship or a passport. Buying a qualifying unit makes the owner eligible to apply, not approved: approval still depends on the requirements and background checks in force at the time of application. The visa does not lower the purchase price, the 4% DLD registration fee or the government visa fees, and it does not bring forward the Q2 2027 handover or the move from Oqood to title deed at Palace Residences North.

For buyers who purchase at Palace Residences North through this advisory, the VIP application service, covering document preparation, submission and status follow-up, is provided free of charge. The official government fees still apply and are paid by the applicant at the rates published by the issuing authorities at the time of application.