In a marked shift from previous residency norms, the United Arab Emirates has introduced a nomination-based Golden Visa scheme that allows eligible Indian nationals to secure a 10-year residency in Dubai — no multimillion-dirham real estate investments or business ventures required.

The new model, currently in its pilot phase, enables applicants to apply through a nomination system for a one-time fee of AED 100,000 (approximately Rs 23.3 lakh). This comes as a departure from the earlier requirement of investing at least AED 2 million (around Rs 4.66 crore). The policy is being piloted in India and Bangladesh, with the Rayad Group overseeing the rollout in India.

Changing Patterns in Indian Real Estate Interest

Experts say the revised visa policy is already shifting how Indian investors perceive Dubai’s property market. “Interest from Indians in Dubai property has long been high, but the Golden Visa has brought an entirely different level of interest to the market,” said Robin Pahuja, Co-Founder & Managing Director, ElitePro Infra.

FAQs: UAE Golden Visa & Indian Investors

1. What is the new UAE Golden Visa scheme?

The new scheme allows eligible individuals to obtain a 10-year residency in Dubai through a nomination process, without the need for heavy investments in real estate or business.

2. How much does the Golden Visa cost under this new model?

Applicants can apply by paying a one-time fee of AED 100,000 (approx. ₹23.3 lakh).

3. How is this different from the previous Golden Visa requirements?

Earlier, individuals had to invest AED 2 million (approx. ₹4.66 crore) in real estate or business. The new model removes this mandatory investment barrier.

4. Who can apply for this nomination-based visa?

Eligibility depends on profile, professional background, and nomination approval, rather than just financial investment.

5. Is this scheme available globally?

Currently, the pilot phase is being conducted in India and Bangladesh, making Indian applicants among the first to benefit.