Venice at DAMAC Lagoons by DAMAC Golden Visa

Both villa types. 6 Bedroom Villas start from AED 4.99M ≈ USD 1.36M and 7 Bedroom Villas are listed at AED 9.46M ≈ USD 2.58M, so each one clears the AED 2M ≈ USD 545K property value threshold on its own, and the 6 Bedroom Villa is the lowest qualifying unit. Eligibility is still decided by the residency authorities (ICP) and the Dubai Land Department at the time of application, so confirm the registered value of the specific villa. Full criteria are set out in the Dubai Golden Visa requirements guide.

In principle, yes. Off-plan applications are commonly supported by an Oqood-registered SPA, together with evidence that the price and the amount already paid satisfy the value and paid-value conditions in force at the time of application. Venice at DAMAC Lagoons is under construction, with a DLD register reading of 74.43% on 17 July 2026 and handover estimated for Q3 2027, so until the title deed is issued, ownership is evidenced by Oqood. The two routes are compared in the off-plan property Golden Visa guide.

DAMAC's published launch plan for Venice at DAMAC Lagoons takes 20% on booking, four 5% instalments within 3, 6, 9 and 12 months of the sale date, four 10% instalments linked to construction milestones and 20% on completion. With the build at an advanced stage, the milestone instalments may fall due at or soon after signing for a new buyer, which can bring the commonly applied paid-value conditions within reach sooner. The binding schedule is the one written into the SPA, and paid-value conditions are updated from time to time.

No. The 4% DLD registration fee is paid to the Dubai Land Department on top of the purchase price when the sale is registered, and it is not part of the property value. What counts is the registered price of the villa itself, which at Venice at DAMAC Lagoons starts from AED 4.99M ≈ USD 1.36M for a 6 Bedroom Villa.

It can, subject to conditions. Mortgaged property has been accepted for property-based Golden Visa applications under rules that are updated from time to time, commonly including a bank letter confirming the amount already paid toward the property. For a Venice villa that is still under construction, check the conditions in force at the time of application and confirm with the lender how its financing interacts with the paid value counted toward eligibility.

Jointly owned property can support applications, and under the rules commonly applied each owner's share is assessed against the AED 2M ≈ USD 545K threshold. An equal two-way split of a 6 Bedroom Villa at AED 4.99M ≈ USD 1.36M leaves each share above that line, while a three-way split does not. Joint-ownership treatment can change, so confirm the rules in force at the time of application before structuring a shared purchase at Venice at DAMAC Lagoons.

Golden Visa holders can commonly sponsor a spouse and children, subject to the rules in force at the time of application. The Venice at DAMAC Lagoons villa serves as the qualifying investment for the main applicant, and dependants are then added through that applicant's own residency file, without any further property purchase.

The program's current term is 10 years, renewable, as long as the qualifying property is still held and the conditions in force at renewal are met. If the Venice at DAMAC Lagoons villa is sold, residency based on it generally ends unless another qualifying basis is in place, so any sale is best planned around the visa rather than the other way round.

No. Buyers who purchase a Venice at DAMAC Lagoons villa through this advisory receive the VIP application service free of charge, which handles the paperwork, the submission and progress tracking with the authorities. The only costs are the official government fees, which are set by the issuing authorities and can change over time.

No. Venice is freehold and open to all nationalities, and both villa types clear the price threshold, but a purchase only makes the buyer eligible to apply. Approval rests with the ICP (the Federal Authority for Identity, Citizenship, Customs and Port Security) and the Dubai Land Department under the requirements that apply when the application is made, which include checks on the ownership record and on the applicant. Progress toward the title deed is tracked on the Venice at DAMAC Lagoons construction updates page.