Portofino at DAMAC Lagoons by DAMAC Golden Visa

The UAE Golden Visa through property currently requires a qualifying property value of at least AED 2M ≈ USD 545K, assessed on the registered purchase value under the rules in force at the time of application. At Portofino at DAMAC Lagoons, the lowest layout that reaches it is the 5 bedroom villa from AED 2.58M ≈ USD 703K. Portofino is freehold and open to all nationalities, which property-based eligibility requires. The full criteria are set out in the Golden Visa requirements guide.

Their starting prices sit under the threshold: the 3 bedroom villa starts at AED 1.57M ≈ USD 428K and the 4 bedroom villa at AED 1.75M ≈ USD 477K, both below AED 2M ≈ USD 545K. A single villa of either type therefore does not meet the property value requirement by itself. Any plan that depends on combining properties is subject to the rules applied at the time of application and should be confirmed before buying with residency in mind.

It can be eligible, provided the registered purchase value of that specific villa is at least AED 2M ≈ USD 545K. The 5 bedroom villa currently starts at AED 2.58M ≈ USD 703K, which by simple arithmetic leaves about AED 0.58M ≈ USD 158K of headroom, but eligibility follows the value on the contract and title deed, not a list price. A resale contract registered below AED 2M ≈ USD 545K would not meet the requirement by itself.

Before handover, an application usually rests on the Oqood registration of your contract and on evidence that the purchase reaches the qualifying value and meets any paid-value conditions in force when you submit. Because Portofino's handover is estimated for Q4 2026, the wait for a title deed is short, and many buyers of a 5 or 7 bedroom villa will prefer to apply on the issued deed. Both routes are compared in the off-plan property Golden Visa guide.

No. The 4% DLD registration fee is a government fee paid to the Dubai Land Department on top of the villa price, and it is not added to the purchase value. Eligibility is measured on the registered purchase value of the villa itself, so a 4 bedroom villa at AED 1.75M ≈ USD 477K stays below the threshold whatever registration costs are paid on top.

Financed purchases can be considered, but the conditions applied to mortgaged property, such as how much of the value must already be paid and which bank documents are needed, are set by the authorities and updated from time to time. For a 5 bedroom villa from AED 2.58M ≈ USD 703K or a 7 bedroom villa from AED 7.30M ≈ USD 1.99M, check the current mortgage conditions in the Golden Visa application guide and with the lender before relying on financing for residency.

Joint ownership is assessed under the rules in force at the time of application, and under the approach commonly applied each co-owner's own share must reach the qualifying value of AED 2M ≈ USD 545K. By simple arithmetic, equal shares in a 7 bedroom villa at AED 7.30M ≈ USD 1.99M come to about AED 3.65M ≈ USD 994K each, while equal shares in a 5 bedroom villa at AED 2.58M ≈ USD 703K come to about AED 1.29M ≈ USD 351K each, which is below the line. Confirm the current joint-ownership rules before structuring a shared purchase.

The UAE Golden Visa program commonly allows holders to sponsor a spouse and children, subject to the conditions in force at the time of application. Sponsorship follows the main visa, so it depends first on the villa meeting the threshold, which at Portofino means a 5 or 7 bedroom villa. What the visa covers for dependants is set out in the Golden Visa benefits guide.

The program's current term is 10 years, renewable. Renewal is generally linked to continuing to hold qualifying property, so selling the villa or reducing the registered holding below the qualifying value can affect it, and the conditions applied are those in force when you renew.

No. Buyers who purchase through this advisory receive the VIP application service, covering document preparation, submission and status follow-up, free of charge. The service is free and government fees apply, as published by the issuing authorities at the time of application.

No. Buying a 5 or 7 bedroom villa at Portofino makes you eligible to apply, but approval rests with the authorities and depends on meeting every requirement in force at the time of application, including checks on ownership and standard security screening. Progress toward the Q4 2026 handover is tracked on the Portofino at DAMAC Lagoons construction updates page.