There are two different type of residencies
A) Three-year residency on a property whose worth is AED at least 750,000 and a Five-year residency on a property whose worth surpasses AED 2 million.
A base property estimation of AED 2 million (completely paid, not sold) (beyond what one property can be acknowledged) under the candidate’s name.
The individual should be in the UAE.
Requirement for 5 years residency
Taking a clinical wellness test.
Briefly suspending or dropping the family residency.
Cancelling the candidate’s visa.
Giving of a residency and Emirates ID (for 5 year)
Lifting the temporary suspension of the family residency.
Family members can be sponsered by the investor who have purchased the property
Even if the property is under contruction you can apply for the residence visa as long as your investment amount have been paid which is 750,000 or 2 million Dirhams.