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The Opera District

Grande Signature Residences

3 BR · Apartment

About the building

74-storey residential building in The Opera District, completed in 2022. Developer — Emaar Properties. Architect — WSP Parsons Brinckerhoff.

What the building has

  • Swimming pool
  • Gym
  • Children's area

Where it is

Downtown Dubai

The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.

  • short-let income
  • a landmark address
  • fast resale

What to check: The service charge here is among the highest in Dubai and in older towers it has climbed faster than rent. Calculate your yield after the charge, not before, and ask for three years of charge history before making an offer.

Full district guide →

Questions and answers about lot NP1-338001

How much is this 3-bedroom apartment in Grande Signature Residences?

Lot NP1-338001 is priced at AED 8 300 000, about $2 260 000. The listing does not state a size, so no price per square foot is given.

Is there a discount on this lot?

There is no recorded price cut: the lot is in the database at the seller's asking price.

What are prices like in Downtown Dubai?

The database holds 171 lots in Downtown Dubai. The area median is AED 3 497 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 50 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Downtown Dubai area guide →

Is the property ready or still under construction?

The handover date in the listing is 4Q 2024, which has already passed. The project passport gives 2022 as the completion year.

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 30%, here AED 2 490 000; a loan of AED 5 810 000 over 25 years at 3.75–4.99% a year comes to roughly AED 29 900–33 900 a month. A non-resident puts down from 40% (AED 3 320 000) and pays about AED 25 600–29 100 a month. The bank approves the rate and the amount.

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What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 332 000 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 8 300 000. 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 Grande Signature Residences?

The building has 74 floors. The developer is Emaar. Completion year: 2022. 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 NP1-338001 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

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