The fee allows eligible investors to bring their parents to the emirate under its long-term residency scheme, offering families an alternative to repeated short-term visa applications.
According to the Dubai Land Department, the main investor must pay $2,692 for their own 10-year residence permit, while each parent’s permit costs $1,572, excluding additional administrative charges. To qualify, foreign investors must own property in Dubai worth at least AED 2 million ($545,000).
Requirements for Dubai’s 10-year Golden Visa
Beyond meeting the property ownership threshold and paying the applicable fees, applicants must submit several supporting documents. These include identification documents, a certified birth certificate, proof of dependency, health insurance, a recent photograph and bank account details.
Applicants must also undergo a medical examination and submit their documents through an authorised service centre as the Dubai Land Department estimates that applications take between seven and 10 business days to process, subject to applicants meeting immigration and sponsorship requirements.
Dubai’s Wealthy Investors and Celebrities
The announcement comes as Dubai continues to strengthen its position as one of the world’s leading destinations for wealthy individuals, international property investors and business owners.
The emirate’s real estate market recorded nearly $250 billion in transactions in 2025, representing a 20 per cent increase from the previous year.
Dubai also ranks as the Middle East’s wealthiest city by resident millionaire population, with more than 81,000 millionaires and 20 billionaires, according to Henley & Partners’ 2025 World’s Wealthiest Cities Report.
Its appeal extends beyond property investment, with the UAE’s absence of personal income tax attracting wealthy individuals seeking alternatives to traditional financial centres such as London, Monaco and Switzerland.
Prominent personalities with links to Dubai include Africa’s richest man, Aliko Dangote, British-Nigerian boxer Anthony Joshua and Indian actor Shah Rukh Khan. Dangote maintains a family office in Dubai, overseen by his daughter, Halima Dangote, while Joshua reportedly relocated to the emirate in 2026.
Other billionaires with ties to the city include Telegram founder Pavel Durov, Binance founder Changpeng Zhao, Indian retail magnate M. A. Yusuff Ali and Tanzanian businessman Rostam Aziz.
Figures published by property data platform DXBinteract in May 2026 showed that Indian nationals accounted for the largest share of property purchases in Dubai during the period surveyed, representing 20.59%.
British investors followed with 13.26%, Egyptians accounted for 12.60% Americans represented 8.99% of purchases, while Pakistani investors accounted for 6.94%.
