Seychelles at DAMAC Islands Golden Visa

At its listed starting price of AED 2.25M ≈ USD 613K, the 4 Bedroom Townhouse sits AED 250,000 ≈ USD 68K above the AED 2M ≈ USD 545K minimum set for property investors. The 5 Bedroom Townhouse, from AED 3.10M ≈ USD 844K, carries a far larger cushion of AED 1.10M ≈ USD 300K. Either townhouse is enough on its own at those prices, but a discount or a resale price that pushed a 4 Bedroom Townhouse's registered value below the minimum would wipe out that headroom. The full criteria are listed in the Golden Visa requirements guide.

At its listed starting price, yes. The 6 Bedroom Villas, at 4,440 sq ft (412 sq m), are listed from AED 6.50M ≈ USD 1.77M, which is AED 4.50M ≈ USD 1.23M above the AED 2M ≈ USD 545K threshold, so a single villa needs no second property to reach it. The value that counts is the one recorded for that specific villa on its Oqood or title deed with the Dubai Land Department, and the decision rests with ICP or GDRFA under the requirements in force at the time of application.

No. The Seychelles cluster is registered with the DLD in two phases, Seychelles 1 and Seychelles 2, but a residency application is assessed on the value registered for your own home, whichever phase holds it. The Seychelles at DAMAC Islands Golden Visa guide quotes the Seychelles 1 record, DLD project 3698. Seychelles 2 is registered separately with its own DLD record; a Seychelles 2 buyer's application rests on the Oqood or title deed issued for their own unit, which records the phase alongside the registered value.

No. The 4% DLD registration fee is a government charge paid at booking in addition to the purchase price, so it is not part of the assessed value. Only the price recorded on the Oqood or title deed counts: AED 2.25M ≈ USD 613K for a Seychelles 4 Bedroom Townhouse bought at its listed starting price, with nothing added for fees.

In many cases, yes. Off-plan applications are typically supported by Oqood registration and proof that the purchase meets the qualifying value and any paid-value conditions applied at the time of application. Buyers who prefer to wait can apply once the Oqood is replaced by a title deed after the expected Q2 2029 handover, which makes for the simpler of the two files. The off-plan Golden Visa guide compares both routes.

Under the DAMAC Islands launch sheet that DAMAC issued in November 2024, a Seychelles buyer pays a 20% deposit, then 55% over 39 instalments dated by months from the sale, then 25% on completion. Because the four 5% instalments all fall within the first 24, a buyer who never misses a due date has settled 60% of the price when the 24th instalment clears and 75% when the 39th does, which indicates roughly when a paid-value condition, as commonly applied, could be met. The schedule that binds you is the one in your SPA; confirm it with DAMAC for your Seychelles phase.

Usually, provided the requirements in force at the time of application are met. Authorities have commonly accepted mortgaged property whose registered value reaches the threshold, normally with a letter from the lending bank stating the amount already paid, and those conditions are updated from time to time. For an off-plan Seychelles townhouse, when the bank can issue that letter turns on the loan terms and on how much of DAMAC's instalment schedule has been paid.

Joint owners are assessed share by share: each person's portion of the registered value is tested on its own under the requirements in force at the time of application, and the rules for spouses can differ from those for other co-owners. If a Seychelles townhouse is held in two equal halves at its listed starting price, neither half reaches AED 2M ≈ USD 545K, whichever of the two townhouse types it is, so unmarried co-buyers should confirm the joint-ownership rules current at the time before choosing how to register the title.

In general, a property-based Golden Visa holder may sponsor a spouse and children, subject to the paperwork and conditions ICP or GDRFA set at the time of application. Sponsored family members hold residency only for as long as the main holder's visa stays valid. What dependants receive is covered in the Golden Visa benefits guide.

The program currently grants property investors a 10-year residency, and it is renewable. At renewal you generally need to hold qualifying property at the threshold value once again, so selling the Seychelles home without a qualifying replacement can bring eligibility to an end. Renewal is judged on the rules in force when you renew.

No. For buyers who purchase through this advisory, the VIP application service, covering document preparation, submission, and status follow-up, is included at no charge. Only the official government fees apply, as published by the issuing authorities at the time of application.

No. Buying a home at a qualifying registered value makes you eligible to apply; it does not issue the visa. Approval depends on satisfying all requirements in force at the time of application, including ownership verification and standard background checks, with the final decision resting with ICP or GDRFA. The Seychelles 1 DLD readings are followed on the Seychelles at DAMAC Islands construction updates page.