In recent years, Middle Eastern countries have intensified their competition to attract foreign investors by offering new residency and citizenship opportunities. One of the latest developments is Saudi Arabia’s Premium Residency Program, which has attracted over 40,000 applicants in just 18 months. This program includes pathways such as Exceptional Talent, Entrepreneur, Investor, and Property Owner.
At the same time, while Saudi Arabia is gaining momentum, many investors still prefer the proven and transparent route of buying property in Dubai—a pathway that not only grants long-term residency but has also stood the test of time.
Saudi Premium Residency: A New Opportunity for Foreigners
According to Saudi Gazette, Saudi Arabia issued more than 8,074 Premium Residency permits in 2024, with the majority falling under the Exceptional Talent category. This pathway is designed for senior executives and high-income professionals, with minimum monthly salary requirements ranging from $4,000 for researchers to over $21,000 for top executives.
For the first time, Saudi Arabia has also opened the door to direct real estate investment for foreigners. However, the details and conditions for property ownership by non-Saudis have not yet been finalized, with official regulations expected to be announced by the end of 2025.
Why Do Investors Still Prefer Buying Property in Dubai?
Despite the appeal of Saudi Arabia’s new program, many regional and international investors continue to view Dubai real estate as a safer and more reliable choice. The reasons include:
- Clear regulations: The UAE has long-established laws governing foreign ownership.
- Dynamic property market: Dubai is home to one of the most active and attractive real estate markets in the Arab world.
- Stable residency pathways: Property purchases of a certain value grant renewable 2- or 10-year residency visas.
- World-class infrastructure: As a global hub for business and tourism, Dubai offers diverse opportunities for investment and lifestyle.
- Diverse investment options: Investors can choose from luxury developments, commercial projects, and residential properties.
Quick Comparison: Saudi Arabia vs. Dubai
| Features |
Saudi Premium Residency |
Buying Property in Dubai |
| Foreign ownership |
Newly introduced, regulations in progress |
Fully established and regulated |
| Residency duration |
Special residency, variable terms |
Renewable 2- or 10-year residency visas |
| Financial requirements |
High income or capital required |
Minimum property value of AED 750,000 |
| Real estate market |
Emerging and developing |
Mature, global, and highly liquid |
FAQs
Q1: Does buying property in Dubai lead to residency?
Yes. Purchasing property in Dubai worth at least AED 750,000 makes you eligible for a 2- or 10-year residency visa.
Q2: What is Saudi Arabia’s Premium Residency Program?
It is a residency scheme offering categories such as Exceptional Talent, Entrepreneurship, Investment, and Property Ownership.
Q3: Which option is more secure for investors?
Currently, buying property in Dubai is considered safer due to transparent regulations, a liquid real estate market, and years of proven track record.
Conclusion
Saudi Arabia’s Premium Residency program marks a significant shift in the country’s immigration and investment policies, creating new opportunities for foreign investors. However, until property ownership laws for non-Saudis are fully clarified, many investors continue to prefer the tried-and-tested path of buying property in Dubai.
If you are looking to secure residency through real estate investment, our advisors at Sharif Group are ready to guide you through the best projects and opportunities in Dubai.
🌐 Website: www.sharifgroup.ae
📞 Dubai Office: +971 50 700 8397
