Palm Beach Tower 1 Golden Visa

The property route to the 10-year UAE Golden Visa uses a minimum property value of AED 2M ≈ USD 545K, subject to the rules in force at the time of application. Every tier at Palm Beach Tower 1 starts above it: 1 bedroom apartments from AED 3.25M ≈ USD 885K, 2 bedroom apartments from AED 5.20M ≈ USD 1.42M, 3 bedroom apartments from AED 9.50M ≈ USD 2.59M, and 4 bedroom apartments and duplex penthouses from AED 18.00M ≈ USD 4.90M. The test is applied to the registered purchase value of the specific unit, and the full criteria are set out in the Dubai Golden Visa requirements guide.

No. Under the current rules a duplex penthouse is assessed on the same property-value test as an apartment. At Palm Beach Tower 1 the 4 bedroom apartments and duplex penthouses start at AED 18.00M ≈ USD 4.90M, with sizes from 3,100 to 8,500+ sq ft (288 to 790+ sq m). A larger or more expensive unit does not open a separate visa category; it changes the purchase, not the residency route. Layouts and pricing for each tier are compared in the Palm Beach Tower 1 project guide.

Yes, in principle. While Palm Beach Tower 1 is under construction, applications are commonly supported by the Oqood registration of the purchase with the Dubai Land Department, together with evidence that the registered value and the amount paid meet the conditions applied at the time of application. Owners who would rather file on completed ownership can wait for the title deed, which is issued at handover, scheduled for Q4 2026. Both routes are compared in the off-plan property Golden Visa guide.

It can. No payment plan for Palm Beach Tower 1 is published on this page, and the instalments that apply are those in the unit's own sale agreement. The 4% DLD fee is paid to the Dubai Land Department at registration; it is a government charge and does not count toward the qualifying property value. For an off-plan application, the relevant question is whether the amount paid on your unit meets the conditions commonly applied by the authorities when you file, and those conditions are updated from time to time.

Mortgaged property has commonly been accepted on the property route, provided the lending bank issues a no-objection letter and the owner's paid equity meets the conditions in force at the time of application. For an off-plan unit at Palm Beach Tower 1, both the lender's terms and those equity conditions should be checked before signing, because they are set by the bank and the authorities rather than by Nakheel.

Joint ownership is commonly assessed on each owner's share of the registered purchase value, so whether each co-owner can apply depends on how the unit is split and on the rules in force at the time of application; spouses may be treated differently from other co-owners. As an illustration only, a 2 bedroom apartment bought from AED 5.20M ≈ USD 1.42M and shared equally gives each of two owners a share of AED 2.60M ≈ USD 708K. The ownership split recorded with the Dubai Land Department is what the authorities review.

The property route allows the investor to sponsor family members, typically a spouse and children, under the rules in force at the time of application, with each dependant meeting the standard medical and security requirements. One qualifying apartment or duplex penthouse at Palm Beach Tower 1 is the basis for the family file. Who can be sponsored, including parents and age limits for children, is explained in the Dubai Golden Visa benefits guide.

The program's current term for the property route is 10 years, renewable. Renewal is generally tied to continued ownership of qualifying property, so an owner who keeps a Palm Beach Tower 1 apartment or duplex penthouse registered at a qualifying value can apply to renew under the rules then in force. Selling the unit can affect the visa, so check the conditions in force before any sale.

The usual sequence is: sign the sale agreement and register the purchase with the Dubai Land Department (Oqood during construction, title deed after the Q4 2026 handover); obtain the Dubai Land Department's confirmation that the property meets the Golden Visa criteria; submit the residency application with passport, photographs and ownership documents; then complete the medical test and biometrics before the visa and Emirates ID are issued. Processing times vary with the authority and the completeness of the file. Each stage is detailed in the how to apply for the UAE Golden Visa guide.

No. Buyers who complete their Palm Beach Tower 1 purchase through this advisory pay no service fee: the VIP Golden Visa application service is free, and government fees apply. The service covers preparing the documents, submitting the application and following its status, while the government fees are the official charges set by the issuing authorities when the application is filed.

Buying a unit at Palm Beach Tower 1 makes the owner eligible to apply; it does not guarantee approval, which rests with the authorities and depends on the whole file meeting the rules in force when it is submitted, including ownership checks and standard security screening. The visa is a residency permit, not citizenship or a passport, and it belongs to the owner rather than the apartment, so a later buyer of the same unit must apply in his or her own right. Progress toward the title deed is tracked in the Palm Beach Tower 1 construction updates guide.