Valencia at DAMAC Lagoons by DAMAC Golden Visa

The property route of the UAE Golden Visa is linked to a property value of at least AED 2M ≈ USD 545K, under the conditions in force at the time of application. At Valencia at DAMAC Lagoons by DAMAC, Studio Apartments start from AED 743K ≈ USD 202K, 1 Bedroom Apartments from AED 1.520M ≈ USD 414K and 2 Bedroom Apartments from AED 1.891M ≈ USD 515K, so all three layouts are priced below that line. The full eligibility criteria are set out in the Golden Visa requirements guide.

The 2 Bedroom Apartments, from AED 1.891M ≈ USD 515K for 1,160 sq ft (108 sq m), come closest and still sit AED 109K ≈ USD 30K below the AED 2M ≈ USD 545K threshold. The 1 Bedroom Apartments, from AED 1.520M ≈ USD 414K, are AED 480K ≈ USD 131K below it, and the Studio Apartments, from AED 743K ≈ USD 202K, are AED 1.257M ≈ USD 342K below it. At these prices no single Valencia apartment reaches the threshold on its own.

Off-plan property can support a Golden Visa application under conditions that are commonly applied and updated from time to time, typically including Oqood registration with the Dubai Land Department and a registered value at or above the property threshold. Valencia is freehold, open to all nationalities and under construction, with handover expected in Q1 2028, but every layout is priced below AED 2M ≈ USD 545K, so a single Valencia apartment does not meet the value condition at current prices, before or after handover. How off-plan files are assessed is explained in the off-plan Golden Visa guide.

No. At Valencia the 4% DLD registration fee is a government charge paid in addition to the 5% booking deposit, on top of the purchase price. The property route looks at the registered purchase value of the apartment itself, so registration fees, service charges and other purchase costs are not added to that value.

No. Paying instalments early, or settling the final 40% on completion with handover expected in Q1 2028, changes how much of the price has been paid, not the registered purchase value of the apartment. Paid-value conditions for off-plan applications are assessed alongside the value requirement under the rules in force at the time, and at current prices no Valencia layout meets that value requirement on its own.

Financing does not change the registered purchase value, and every Valencia layout, from AED 743K ≈ USD 202K up to AED 1.891M ≈ USD 515K, sits below the AED 2M ≈ USD 545K threshold at current prices, so a mortgage does not alter the outcome for a single apartment. Where a property does reach the threshold, the treatment of mortgaged property and the bank documents required are set by the rules in force at the time of application.

Joint ownership divides the same registered value between the owners rather than adding to it. A shared Valencia apartment, priced below AED 2M ≈ USD 545K at every layout, therefore does not reach the threshold for its co-owners either at current prices. How co-owned property is treated, including any provisions for spouses, is set by the regulations in force at the time of application.

Family sponsorship is a feature of the Golden Visa itself, so it applies only once a visa has been granted. Because no single Valencia apartment reaches the AED 2M ≈ USD 545K property value at current prices, a Valencia purchase on its own does not open that sponsorship route. The dependants covered by the program are described in the Golden Visa benefits guide.

The program's current term is 10 years, renewable while the holder continues to meet the conditions in force at renewal, which for the property route include continued ownership of property at the required value. Valencia's handover is expected in Q1 2028, when the Oqood contract is replaced by a title deed, but ownership of a single Valencia apartment does not meet the value requirement at current prices.

No. For buyers who purchase through this advisory and meet the Golden Visa conditions in force when they apply, the VIP application service (preparing documents, filing and tracking the case) carries no service fee. Government fees still apply, at the rates the issuing authorities set when the application is filed.

No. At current prices a single Valencia apartment does not reach the property value threshold, and even where a property does, approval rests with the ICP and the Dubai Land Department, which verify ownership and run their own checks against the rules current when the file is submitted. Construction status at Valencia can be followed on the Valencia at DAMAC Lagoons construction updates page.