Investing in a property in Dubai entitles you to apply for a residence visa in the UAE. There are several conditions that need to be met:

• The property has to be completed and the title deed issued (no off plan).
• The purchase value of the property has to be AED 1.0M or above.
• It has to be one property with this value (not 2 or more combined).
• The property has to be located in Dubai Freehold (not Leasehold).
• Joined ownership is possible but the applicant has to own at least a AED 1.0M share.
• The applicant still has to provide a certificate of good conduct from Dubai Police and go through the health check for residents.
• You have to be in the UAE at least once every 6 months.

The visa is valid for 2 years and renewable. Spouse and children until the age of 18 can be covered.

Alternative ways to obtain a UAE Residence Visa are:

• Establish a company in a Freezone (min. 20k per year)
• Find a sponsor (cheapest option)

There are many factors playing into such a scenario and the above conditions are Land Department procedures which can be overruled on a case to case basis.

You might also be interested in this article from Keren Bobker.

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