A residence visa in the UAE is issued on the purchase of real estate priced from AED 750 000. This is the minimum amount of investment in a property that qualifies for a UAE residence visa. There are other costs associated with the relocation to Dubai – mandatory health insurance, a 4% tax on the transfer of ownership, the USD 150 administrative fee for the payment of tax, the registration fee (from USD 500), the fee for a certificate of registration of ownership, translation services/notary public, etc.