Since 03.09.2020, retirees from all over the world can settle permanently in Dubai. The granting of a so-called “Retirement Visa” is a novelty for the UAE and requires proof of financial stability or ownership of a property in Dubai.
Financial stability is defined as a monthly income of AED 20,000 or more or liquid assets of AED 1,000,000 or more.
A property located in Dubai also qualifies for the retiree visa if it exceeds AED 2,000,000 in value.