1. The minimum real estate value is AED 750,000.
2. In case of a mortgaged property, an amount of 50% of the value of the property must be paid to the bank or the equivalent of AED 750,000, with a no-objection letter from the bank so as to carry out the residence on the property and the mortgage account statement.
3. A husband and wife can share in one property, and the value of the property is equal to AED 750,000 or more (a certified copy of the marriage contract must be provided).
1. Provision of a letter from the land department of the respective emirate stating that he owns one or more properties whose value is not less than 2 million dirhams.
2. Purchase of a property with a loan from specific local banks approved by the competent local entity.
1. Provision of a letter from the land department of the respective emirate stating that he owns one or more properties whose value is not less than 2 million dirhams.
2. Purchase of a property with a loan from specific local banks approved by the competent local entity.
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