UAE accounts now require EID to be maintained

[Berti]

I said it in a previous message, I can confirm that you can keep ENBD account after you cancel your residency and EID.

You just need to fill this form.

What is accepted in "Reason for continuing the account"? Do you know?

 

[Davis123]

Buying property for AED 750k ($205k) in Dubai gets you a 2 year renewable residency permit if you apply. With the permit in hand you can open a bank account in Dubai while being physically resident elsewhere at same time which is what many people do.



You can probably get a 2 bed of that size for around 250-300k USD in somewhere affordable like JVC etc.

You can actually buy 2 or 3 properties ( 1 milion AED combined ) in some places to get this visa. For 1 milion AED it’s a five year visa.