−6% Palace Villas Ostra
5 BR · Villa
About the building
Located in The Oasis by Emaar.
Where it is
The Oasis
Emaar’s luxury water-led masterplan on the far west: large villas and mansions, positioned above Dubai Hills.
- large luxury villas
- water-frontage plots
- long-horizon end users
What to check: This is an early-stage masterplan a long way from the centre. Confirm what water features and parkland are contracted for your specific phase, and be realistic that liquidity at handover will be thin until the community matures.
Full district guide →Questions and answers about lot NP1-104179
How much is this 5-bedroom villa in Palace Villas Ostra?
Lot NP1-104179 is priced at AED 20 999 000, about $5 718 000. The listing does not state a size, so no price per square foot is given.
How much has the price of this lot been cut?
The price before the cut was AED 22 420 000; it is now AED 20 999 000 — AED 1 421 000 less, or 6%.
How does this price compare with other lots in Palace Villas Ostra?
The database holds 2 lots in Palace Villas Ostra right now, from AED 20 999 000 to AED 23 600 000.
What are prices like in The Oasis?
The database holds 11 lots in The Oasis, starting from AED 9 190 000. The area median is AED 1 761 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 3 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
The Oasis area guide →Is the property ready or still under construction?
The handover date in the listing is Q3 2029. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 839 960 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 20 999 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Palace Villas Ostra?
The project has 526 units. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP1-104179 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Palace Villas Ostra
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